Asked by Dj, 95757 • Sun Apr 18, 2010
We already extended the close of escrow once and the seller's bank in short sale wants the money wired to them by 4/29/10 because they will be switching mortgage servicers and they will have to start the short sale over again. Also our loan docs haven't even reached title yet.
1. How long will it take from loan docs going to title and money wired to seller's bank?
2. Would it be possible to request another extension to close escrow past 4/29/10?
3. Would my earnest deposit be in jeopardy if we don't meet the 4/29/10 deadline?
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