Back in January, I wrote about a short sale I was working on with Aurora. The timeline has been horrific. But now we finally have approval. Hooray, right? Not so much! We received the approval letter this morning and it requires a closing by TOMORROW... the redemption period is up on 3/1/2010. So why wait 7 months, and then approve two business days prior to taking the property back? How many buyers can make their lenders work that fast? How many buyers are cash buyers?
Well, we're still not giving up! We are working with an attorney and the foreclosure attorney to pull one or maybe two more magic tricks out of our sleeves on this one. Stay tuned!
home equity mortgage |houston mortgage rates |fixed rate mortgages |no down payment mortgage |firstline mortgages |
RSS Feed (xml)
Hiç yorum yok:
Yorum Gönder