Asked by Jo, Los Angeles, CA • Mon Aug 9, 2010
We are buying a short sale. The seller agent has sent in all the paperwork more than once. 4months later we were told we were approved. We were also told that b of a wants escrow to close on the 29th of August. Then, the bank requested another hardship letter. The seller agent sent it in. Still no approval letter has been sent to us. We have an FHA loan so we need to get in there and fix things in order to get the loan. So I ask how is it possible to get told on the counter we accepted that we need to close escrow on the 29th. of August and we still have not received the approval letter?
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