Short Sale Approval Finally here!
I thought this day would never come! I have had a listing since 2009, a short sale in Sunrise, Fl. Wonderful 3/2.5 bath townhouse with Garage. We have gone through 5 buyers, that’s right 5 different buyers!!! This particular loan is with Bank of America, and I am sure you are familar with how hard it is to work with this bank trying to get Short Sales approved.
Every negotiator we had been unresponsive, no phone calls, no return emails, nothing. Then they come back say you have 24 hours to respond to a task they assign. Are you kidding me?! I send you so many emails and voicemail and now you are going to rush me? Well long and behold you rush get to them and they turn around and take just as long as before. So what happens? You lose the buyer because of the length of time it takes. Again it also depends on the buyers agent, whether or not they took the time to explain how long the process can take.
Well back in April, another buyer comes along, buyers agent is great, has explained to the buyer what it takes to get this done. It still took 4 months, but we have gone through it together. Well on Friday, I got a call from BOA that this Short Sale is Approved! Yeah that’s right it’s finally approved! Now our closing date is at the end of this month, so stay tune for a post that says CLOSED!!!!
Jeannette Getting you the 411FL on Broward Florida!