Home Buying in Cheltenham>Question Details

Yumika, Home Buyer in Washington, DC

Can BOA say they approve a short sale and then send an approval letter minus the sellers closing cost which was in the contract?

Asked by Yumika, Washington, DC Wed Sep 30, 2009

Help the community by answering this question:


Yumika, YEP they sure can....BOA unfortunately has a horrible reputation in our industry of "mishandling" the short sale process...to put it lightly.

Much success to you
Web Reference: http://www.alqamarmalik.com
0 votes Thank Flag Link Fri Oct 2, 2009
Absolutely! Their "approval" is considered a counteroffer to you. They will consider the contract presented only they will not pay the closing costs requested.
Web Reference: http://www.jensellsmd.com
0 votes Thank Flag Link Thu Oct 1, 2009
absolutely.....and it is fairly common
Web Reference: http://shortslaesheep.com
0 votes Thank Flag Link Wed Sep 30, 2009
The Hagley G…, Real Estate Pro in Pleasanton, CA
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer