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Short Sale in Indian Wells, Calif......APPROVED!  Just received my approval letter yesterday on this one.  From List to 8/15 COE will be approx. 120 days.  It is intriguing to me how some Short Sales sail along and others..seemingly very similar to my eyes, get stuck.  This one is a vacation home for my Seller.  He has two loans with Bank of America.

Primary Loan:  $417,000 due

Second:  $206,000.

APPROVED Sales Price:  $465,000. 

I wrote a blog yesterday about how much power the Negotiator assigned to your file, wields in the completion of the approval and eventual CLOSE of a Short Sale.  This is proof positive.  My negotiator was fantastic, and I sent her boss an e-mail about how well she handled my clients' file.  Professional, communicative, on top of the file from the get go..and here we are..almost done.  Wish I could request her again..

The other thing is that the loans were linked.  The second had not been cut up and sold, and most importantly, no MI. 

I list, work and CLOSE these babies...