Bank of America and short sale?

I am in the process of buying a short mart with 2 mtgs against it. The 1st loan agreed on my set aside, giving the 2nd bank 3000.00. The 2nd ridge says its not adequate, they claim the house is worth 300,000, yet my appraisal shows it person 191,000. I didnt realize that the 2nd loan was bought out only just by Bank of America, which in result have stalled the process of approval. I have be waiting to get this house since Feb, and I own just in the region of had it.
My cross-question is. how likely are they to finally adopt? How much longer is this going to go on?
I'm organized to walk but after so much knotty work I feel resembling Im giving up.
Please someone give me REAL support!!

Moving house on imcome support..how do i draw from my furniture moved?



Answers:   I have from time to time found anyone connected with B/A to demonstrate the competence and possess the authority to competently respond contained by a timely fashion.

That person said, I would walk from the matter.

B/A does not maintain an inventory contained by second mortgages... Most likely this loan have been package and sold. It might even have be fractionalized and sent to Europe. In either skin, there is unanimously no one skilful of dealign with your single loan who have any capability of approving your transaction.

You are not giving up...solitary giving in to sincerity. THERE ARE MORE AND BETTER DEALS ON THE HORIZON. FIND ONE AND YOU WILL BE MUCH HAPPIER. PRICES ARE ONLY GOING SOUTH FOR THE NEXT SIX MONTHS PLUS. YOU WILL BE HAPPY THIS HAS OCCURRED.

Good Luck

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