thank you for all your responces. i have undergone a short sale and been working with my lender for about a week, he then sends it to a scubber, not sure what that is, i have given him evereypieace of paper i can imigine, he is waiting on paperwork from the appraiser, and a fully exicuted contract from the bank, they are waitimg on an fha paper, but from threre it should go back to the lender, i have been working with him since dec, so i dont think he,is it doe the money, which is about 1200 dollars, the bank sais go ahead , you are verbally approved. now they are waiting on one piece of paper from fha? I just dont get it., i have become aware that short sales dont really want to sell the house, after all we have done and they hold it allup for this one piece of paper? why is so different from fron a regular forclosure? I know the sellers are involved but they have sighned off on every peice of paper the bank has given them. i need to move by july 31st and am hoping it works out.

Dana
Here are 2 great lenders that we use frequently

Rick Barrett
817.310.2500
817.896.9238

Nancy Kleckner
817.481.0811
972.351.1278

Is the delay with the short sale or with your personal lender? From your question I am assuming that it's your lender not the seller's bank. If so, send me a quick email. I have a lender that does FHA loans with a 585 score or above and closes them in 30 days. They keep the loans in-house and do not sell them on the secondary market. Just let me know if I can help. Thanks!!

Jackie Rankin
Tru Value Realty
truvaluerealty@gmail.com

The sub 620 loans shouldn't really take any longer than any other loan.
Wholesale lenders are, however, bound by the time tables of the lender they send your loan to.

A faster way might be to find a better loan officer?

What seems to be the delay?