I made an offer on March 4, 2014 on a Bank Of America short sale and the seller accepted. Needless to mention, there has been no real movement on my offer until about a week ago. On 11/26/14, BOA requested that the listing agent upload a current contract since the original one had expired. So, we revised the contract and it was uploaded the same day. On 12/3/14, we received a counter offer from the negotiator detailing what things were not going to be paid (I.e. Closing costs, warranty, etc.), extending our closing date from 30 to now 45 days and setting their net total proceeds required. So we repackaged and submitted our offer on 12/4/14. Where am I in this tumultuous ordeal?!?! How close am I to closing on this home that I really, really love?

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Does HUD do a separate appraisal?? The negotiator already mentioned the amount the BPO came back as and what their net proceeds requirements were during the counter offer phase. I'm confused...

We were informed on yesterday that Bank of America is now requesting proof that the listing is still active.  Why??? Is this a good sign that things are still moving forward towards an ATP???

Does anyone have a contact at HUD to do a variance request. It seems if the foreclosure had been more than 40 months, they are now denying short sale , even if servicer has a pending approval.

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