My buyer is mad! Not with me but with the whole short sale process. He has been waiting patiently for 5 months to hear from the bank who has the mortgage on a house he wants to buy. Technically, there are two mortgages - Bank of America and Countrywide. However, the 2nd mortgage holder has already agreed to a short sale. My buyer even hired an attorney to represent him and the seller in the short sale process. Everyone wants this thing closed - buyer, myself, seller, listing agent, buyers lender and probably Bank of America and Countrywide who … (12 comments)
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