Congratulations! My Wife & I are trying to close on a "short sale" in Cape Coral Fl.(sw fl) It's frustrating. We have the approval for the loan and are set up fantastic with our credit, savings & work history. I don't know why the note holder (RCB) is dragging there feet when 8 out of 10 homes in FL (S.W. Cape Coral) are in foreclosure or "Short Sale"? It's a depressing mess down hear. I hope that we won't get any named storms as the consequences will be devastating! Even the coming change of season with rain will ruin the looks of these homes and invite pests and termites/ bugs.
In my case The sellers agent has the home listed as "Active" even though we are qualified and they already accepted our offer? I guess maybe the bank has to accept that loss and our offer before saying it is "Pending"? This is my first house so I am new to the lingo and how "Short Sales" work.
Well Kid-O, I envy you! Enjoy the sweet peace that comes with the very act of closing the door to your very own home sweet home!
Everything looks better tastes better feels better in your own home!
Blessings & Enjoy!!!