Started by Thom Colby CA Brkr 888-391-5245. Last reply by Jason Tees Feb 19, 2011. 3 Replies 0 Likes
Has anyone successfully received a Short Sale approval from the SBA ? I am currently working on a Commercial Property with 2 loans. The second is insured by the SBA. The servicer told me that the…Continue
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I am the buying agent on this one. The listing agent indicated that SBA (2nd) had verbally agreed to transfer the loan to the seller's business. They wanted to wait until the approval from the 1st was received. Now that we have the approval SBA is taking their sweet time. Have you heard of them transferring the loan? Any good contacts to share? We are in GA and have been communicating in CA.
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