It's rare that I suggest that my seller accept a BOA approval letter, but when you have a listing with extenuating circumstances you have to do what you can sometimes to get the home sold. Yesterday the lender called & asked me to "dodge the appraiser for a few days."
Someones not telling the truth.
The lender informed me that the buyer "was having doubts about buying the home and that he didn't want to cancel the appraisal altogether."
Naturally my next call was to the agent representing the buyer. Billy the Buyer's Agent explained to me that the buyer was "excited about buying" and that he had no idea what the lender was talking about.
1 more reason to be leary of Bank of America. The only reason a lender stalls for the appraisal is because there are loan issues - meaning problems.