We have short sale offer in - approved - ready to close in 30 days and wanted trustee sale of April 21 postponed. The BAC negotiator told us for last 2 weeks that there was no trustee sale "in the system", even though we could go on every foreclosure site and see it was there.
Finally, Tuesday (Apr 19), the new negotiator that was assigned Monday for no apparent reason, finally saw the NTS in the system and says he's been requesting postponement since, but it's still going to sale at 2:30 this afternoon per trustee. The negotiator makes it sound like they're at the mercy of the trustee - like it's their decision, rather than vice versa.
We have the buyers and this is most disturbing.
Has anyone else had this situation recently? Since I'm a third party, I'm sitting in the background not being able to call or do anything as I'm not authorized to speak to them.
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You can always ask the listing agent to call the trustee - I've done this successfully in the past and gotten it postponed. Good luck!
Hello Anna,
I feel for you. I went through the same "agony" 2days ago with BofA. I had an approval letter that could be extended only if the foreclosure date is postponed. Per negotiator, she instructed me to contact the closing officer to handle the sale date postponement which I did. This transaction worried me because the sale date was postponed many times before and the last extension request was denied before the approval letter came. So, I had my seller call Fannie, I emailed and left voicemails to the short sale Manager Mike Smith, the closing officer and negotiator. I sent an email to the CEO of Bank of America. None of this really worked. I was resigned to leave it upto to God to take care of this matter. On the DAY OF the sale, the negotiator contacts me first thing in the morning (like 7:30 a.m.) and says that the foreclosure date extension was granted for another 30 days. At the end, I think it boils down to the negotiator who worked many hours to get the approval. Also, once you have an approval letter, it is easier to get it postponed. Good luck!
Either BofA actually loves foreclosures....for some financial reason they don't want to talk to the world about....
or at the top of BofA no one is at home.
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