Well after 6 months of working on a short sale with Citi Mortgage, they decided to foreclose on the house 2 days before closing of the transaction. Interesting how the communication between the short sale negotiator and the foreclosure department was that poor especially since this has not happened to me before. So in the future I will be contacting the foreclosure department as well as the short sale department throughout the transaction so this does not happen again. It is good to cross all your "t"'s and dot all of your "i"s so that this doesn't happen to you. I never thought this could happen till it did happen.
Their response was "we apologize for the communication error". That was the end of that.
So now time to deal with unhappy sellers and buyers. Thanks Fannie Mae for choosing a servicer that was disorganized and adding another foreclosure to your list.
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