WOW who would think after finding the perfect home for your buyer and getting a ratified contract December 1st 2011, would turn into such a nightmare. Although my team is very experienced in short sales and we don't hesitate to sell one to our buyers either but this one takes every bit of experience and throws it out the window.
our dateline breakdown:
12/1/2011 contract on home
3/5/2012 BofA and FHA short sale approval letter (we are so excited at this point)
4/12/2012 Buyers loan and docs are done she signs all closing docs and pays all closing fees and costs due to close....
5/9/2012 Can you believe my single mom homeless buyer still has no home? We are waiting for a final BofA and HUD appraisal extension and approval to close. Seems no one can help us get this done for my buyer and her son and dog and now she may be forced to cancel and rent again after working so very hard to do all she was supposed to do including the sacrifices made by her and her son to save enough money to buy a home for them.
In all of our success stories there is always one that makes you shake your head and go huh????