Asked by Jason Rich, San Francisco, CA • Wed May 12, 2010
it? I have an FHA loan being approved right now. I have money in escrow and a Short Sale Approval. We had an extention for the close date with the short sale lender. There is a week left and the loan will be but not yet approved for the purchase. The seller is saying he is canceling my FHA offer and is going with an all cash buyer so the house doesn't go through foreclosure. All I need is about 5 more days and the FHA loan will be approved but LITTON LOANS refuses to extend it. Can he cancel this even though I'm in escrow now? And is there anything I can do to extend this 5 more days?
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