If that price change came as a request of the 'investor', you may be near the end but if it was the negotiator who asked for it based on the BPO/appraisal, you could have days or weeks to go (hopefully not months). Short sales are extremely frustrating, I know, but you usually do end up with a price below market so if you can hang in there you'll be happy at the end.
Unfortunately there's really nothing you can do except talk to your realtor. You're not supposed to talk directly to the listing agent but you can. The seller of the property has to put in writing that they will allow the bank to speak to someone regarding their loan, so they have done that for their realtor but not for anyone else. I'm sure you can understand why - you wouldn't want anyone to be able to talk to your bank or your debtors about your accounts.
When you said you had verbal approval, did you mean the listing agent told your agent they had approval? And it's with B of A? If she really got approval you should have it in writing in a day or two. However, sometimes newbies misundertand the on-line Equator system and think that when the figures are OK'ed by the negotiator, that it's approved -- it isn't. It only means the negotiator thinks it's ready to go on for final approval. That could takes days or weeks and it doesn't mean it will definitely be approved.
If you mean you accepted their counter offer on Equator, it could be a few days to a couple of weeks (altho they do seem to be going faster recently). Accepting a counter offer is not acceptance, as their e-mails state. But if it a true verbal approval you received, you should have it in writing in just a day or two. Congratulations and good luck!
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When you said you had verbal approval, did you mean the listing agent told your agent they had approval? And it's with B of A? If she really got approval you should have it in writing in a day or two. However, sometimes newbies misundertand the on-line Equator system and think that when the figures are OK'ed by the negotiator, that it's approved -- it isn't. It only means the negotiator thinks it's ready to go on for final approval. That could takes days or weeks and it doesn't mean it will definitely be approved.