So, RIGHT NOW, you call up the listing agent or your agent yourself & say "I want a copy of the short sale approval letter, please email it to me today".
I don't agree with one of the other answers here that "banks are sometimes not issuing an approval in writing until days before closing" , that's a bunch of hogwash. If one exists you should be able to print it out & hold it in your hands.
Along with a short sale approval letter you may also be receiving a paper to sign off on that is an "Arm's Length Affidavit" from the lien holder(s) & this usually is attached to the Approval letter, unless you already signed off on one of these earlier in the short sale process prior to the actual approval letter being issued.
Shoot me an email so we can talk about this some more, I don't look back on this same Trulia posting for answers after mine.
Emily S. Knell
Realtor Since 1996
Realty ONE Group
100% short sale success ratio
& I can Prove it
And they do need to issue it right next to the close of escrow as escrow need to supply final HUD/estimates for the bank review.
Hope this info will help you.
___________________________ Â Â
Free Consultation 424-777-9377 Â Â
Help with any Real Estate Transaction Buy & Sell! Â Â
Thank you for your time. Â Â
Should you have any questions - please feel free to call me Toll Free: 1-855-TRUST-55 (1-855-878-7855) Â ext. 777. Â Â
Sergey Fednov Â Â
President - Realtor Â Â
- Trust Sale Realty - Â Â
Residential & Commercial Real Estate Â Â
_______________________________ Â Â
Toll Free: 1-855-TRUST-55 Â Â
Toll Free: 1-855-878-7855Â
Phone: 424-777-9377 Â Â
I think you okay, good luck with the new home, you will be in shortly.