Scott Cary's Blog (2)

How long should it take to get B of A to sign the estimated settlement statement.....

B of A...Equator...? Why do they make this process so damn difficult!

If anyone has a suggestion to help expedite the approval of he net sheet please advise! B of A approved the short sale last week and the buyers signed right away (cash sale) the estimated settlement statement was sent out (on Equator) 5 days ago and we still do not have anything.


The buyers just want to be in by Christmas...and this final delay is frustrating.

Happy Holidays!

Added by Scott Cary on December 18, 2012 at 4:59am — 1 Comment

Short sale lender of the 1 & 2 won't allow 3rd to show ANY settlement on the HUD-1...any legal way to document?

We have a lender carrying the 1st & 2nd and the 3rd wants $6,000. or they won't participate!  The 1st and 2nd (same bank) won't allow payment to reflect on the HUD-1 and we want something that shows the 1st & 2nd are aware of the settlement to the 3rd so we can have a well documented file!

 

Is this deal dead...or is there a way to protect all parties and still close?

Added by Scott Cary on March 29, 2012 at 6:08am — 6 Comments

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