It would seem that by now the banks would have this system figured out, but alas not yet.
Had a cash offer on my listing, waited 3 months for a HAFA approval from Aurora. Telling them our All Cash buyer for $350K was going to walk if they didn’t move...to approve, wanted one thing after another. Finally we get our approval and the second, credit union, did not want to settle due to the new deficiency law that took affect July 15th. So we lost our cash buyer and Aurora is foreclosing on the house, will not allow us to bring another offer, because they will not postpone the sale date.
Is this how they do it? They drag it on , make us jump through all the hoops then say no anyway?
I have succefully closed over a dozen Short Sales so far. This one was a hard one to lose...
NEXT?
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