I doubt that there is any plot at hand. Companies have set rules and timelines for the most part when it comes to short sales and REO sales. In addition, the people that work these "files" are super busy. Having your realtor stay in constant contact with the Asset Manager (or whatever the lender calls the position handling your sale) and the Loan Agent is key to the success of these transactions. If your loan agent needs more time, make sure it is requested ASAP. The banks don't like surprises. Good luck.
Realtor, GRI, SRES
Steven Anthony Realty
More than likely you will need to re-apply in your new state with another loan broker, unless your lender or loan broker that approved you is licensed to do loans in the state you are moving to. As well the loan limits are different in each state for FHA. California is a high cost state and the loan limits are higher in California than in other states.... more
hi, unless Michigan has something very different from Minnesota, I had short sale approvals, 3 times, as a listing agent in 45 days from submision to Wells Fargo. Have you sign a form to extend the contract from Wells fargo? if so, you are getting close.... more