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

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Alqamar Malik, Agent, Largo, MD
Fri Oct 2, 2009
Yumika, YEP they sure can....BOA unfortunately has a horrible reputation in our industry of "mishandling" the short sale put it lightly.

Much success to you
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Jennifer Fit…, Agent, Bel Air, MD
Thu Oct 1, 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.
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The Hagley G…, Agent, Pleasanton, CA
Wed Sep 30, 2009
absolutely.....and it is fairly common
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