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I've seen auctions postponed within an hour of the auction time. What your agent needs to do is fax in an authorization to release AND note to the foreclosure dept at BOA as it's separate from the short sale department. It can take up to two days to have the authorization logged though. You have to do both steps if you have a property with an auction date. I always send in the separate auth to the foreclosure dept as they can tell you whether or not they gave a stop order.
The listing agent should also be calling the trustee. I hate saying it but you HAVE to constantly call everyone to make sure it gets cancelled.
Good luck.
Yes..and the Short Sale department usually can't even find the Foreclosure department which may be right down the hall..treat them seperately..
When submitting a request for extension, is it common for the automated response to be, "the request for extension had been made but that there are no guarantees".
and...if on Recon Trust, if it shows a higher starting bid than the bank countered us, is it possible they are just going to let it sell at the trustee sale?
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