approved (2)

Currently working on a Fannie Mae pre-approved short sale with BOA as a servicer.

 

1.  Seller took the time to get a pre-approved price for the short sale

2. I listed the home at the pre-approved short sale

3.  Got an offer at the pre-approved shortsale - Cash

4.  Got a message through equator that they agreed to th eoffer but they needed a couple of the changes on the HUD

5.  Made the changes and submitted them all through equator immediately

6.  This was 7 weeks ago of constant follow up with no response

7.  Escalated through Fannie Mae - got some action and an extension of the approval -

8.  No answer yet and the same run around to call tomorrow.

 

We have the banks claiming they want to work with Realtors and get the short sales done I am not seeing this.

 

We have people in selling CDPE certs that to me they sound like just more scheme to get money out of us and encouranging us to work with banks.

Is anyone experiencing the same  levels of pain.

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Another HAFA Short Sale approved!  Indian Creek Villas, South Palm Desert.  This was a Bank of America, only one loan.  Hardship was death in the family and the emotional toll it took on the homeowner.  Listed and approved in approximately 60 days..we have 45 days..until 12/1 to close it.  Cute Condo that sold at the peak for over $200,000...approved at $58,500.  Hard to believe!  The owners will be primary residents so lucky for them..happy Buyers, relieved Seller with $3,000 to help her relocate. 

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