make WWAY your homepage  Become a fan on facebook  Follow us on twitter  Receive RSS Newsfeeds  MEMBERS: Register | Login

Re: short sales

What is the policy on short sales? How long do people have to wait to be approved? I put in a contract to buy a short sale on 12/19/09 and I am still waiting! Also, an elderly couple I heard of (I work with their daughter) was forced to walk away from their (short sale) home (this month) because the person waiting to buy it decided to walk away. This person waited over a year! What makes this story even sadder is that the father is sick and awaiting a kidney transplant. The home is in Illinois but the father is on a transplant list in Florida. Therefore, they had no choice but to leave the house behind. This elderly couple did everything that was asked of them and yet they could not get the bank to approve the sale. Unfortunately, now the same thing is happening to me. Who stands to gain from having us wait? The bank in both cases was/is Bank of America (BofA).

Reply

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

More information about formatting options

To prevent automated spam submissions leave this field empty.
CAPTCHA
Please re-enter the code shown in the image below.