Head Of Short Sale department keller Williams Northridge
Certified Distressed Property Expert
1. I suppose the counter was verbal by the listing agent on behalf of the bank.
2. How did you come up with the closing date .... who gave it to you?
3.The approval letter will have that closing date the purchase price and the name of seller and Buyer on it.
4. Ask your agent to contact the listing agent t get more details like the agents below have told you.
Until u get the approval letter with all that info do not bring your deposit in. BofA is its own entity and the approval letter time frame will depend uponWHERE THIS INVESTOR IS.THIS COULD BE A LOAN SEVICED BY BOF A bt held by any other bank in US or outside of U.S.
What 9-% of the short sale agents don't know is that your time frame depends a lot on this factor. be patient and ensure that the listing Agent knows what he is doing.
Good Luck with your transaction.
for more info on Short Sales,buying a home,selling a home g to http://www.pebblesingha.com
in your case, i am hoping you receive a written approval within 7 days. Ask the listing agent to follow up with the short sale negotiator. Good luck with the purchase.
Keller Williams Realty
1660 Hillhurst Ave
Los Angeles, CA 90027
323 300 1143