Comments on: We are Trying to Get Our Short Sale with Bank of America Completed on Our FHA Mortgage. – Shawn http://getoutofdebt.org/14716/we-are-trying-to-get-our-short-sale-with-bank-of-america-completed-on-our-fha-mortgage-shawn Free debt help and debt advice on how to get out of debt, getting out of debt consolidation scams, and inside information on the debt relief and debt help industry. Fri, 25 May 2012 02:12:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Monica http://getoutofdebt.org/14716/we-are-trying-to-get-our-short-sale-with-bank-of-america-completed-on-our-fha-mortgage-shawn#comment-21516 Monica Sat, 01 May 2010 18:46:26 +0000 http://getoutofdebt.org/?p=14716#comment-21516 Are there any rights to the buyer of a short sale home? We signed a contract in October 2009 to purchase a short sale - Bank of America course. BOA just sent a pre-approval on April 12, 2010 (the day the contract was set to expire). The realtor sent back a response right way and it is now May 1, 2010 and we have not heard any news regarding the final approval so that we can go forward with closing. This has taken almost 7 months and we are too far in to turn around. We got the house approved for move in. Our lease runs out next week and we will not have a place to stay. We did not anticipate waiting this long for an approval. The sellers are willing to rent the house to us for a certain fee? Can this be done? Again is there any rights to the new buyers? Can you render any advice to us. Signed, Very Stressed! Are there any rights to the buyer of a short sale home? We signed a contract in October 2009 to purchase a short sale – Bank of America course. BOA just sent a pre-approval on April 12, 2010 (the day the contract was set to expire). The realtor sent back a response right way and it is now May 1, 2010 and we have not heard any news regarding the final approval so that we can go forward with closing. This has taken almost 7 months and we are too far in to turn around.

We got the house approved for move in. Our lease runs out next week and we will not have a place to stay. We did not anticipate waiting this long for an approval. The sellers are willing to rent the house to us for a certain fee? Can this be done?

Again is there any rights to the new buyers? Can you render any advice to us.

Signed,
Very Stressed!

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