Today was the day - 3 days early the bank acceptance gave us till the 19th. We wrote the offer just 62 days ago on a great Short Sale property in Sunriver.
It is amazing what team work, a great lender and a motivated buyer can do to get a property closed. We offered full price, we had our ducks in a row, pre-qualification letter, proof of funds for the down payment, the necessary addendums and got it all submitted.
On February 2 the bank came back with the approval. Keep in mind that the 15th was a holiday and they only gave us till the 19th to close on a purchase with a loan. The lender was called, the home inspector, and the buyer - the buyer was instructed we had to move fast - because if we did not close by the 19th the home would foreclose on the 26th.
Lender ordered the appraisal - the appraiser got there in 2 days, along with the home inspector - and WELLS FARGO - you rocked - you went from 0 to funding in just 14 days including a holiday. I could not ask for better, your service.
For those of you that think short sales are a pain - I hope you continue to think that - it leaves more business for me.