We have already signed the escrow papers a week ago, the lender has already made payment 5 days ago and now our real estate agent and escrow is saying they need to FINAL short sale approval from bank of america in order to send it to registar in order to close so we can get our keys!!! The house has been vacant for 3 months so its not like the amount of time for escrow matters. The real estate agent says bank of america has a 72 hour hold before they approve? I have never heard of this? We are already paying mortgage for this place and we cant even get the keys.. does anyone have any advice? we keep getting the close date pushed back farther and farther and we have to be out of our apt in a few days! does anyone know anything that can help us? Thank you
we have approval from bank of america but we are being told that they must approve everything after it goes to escrow again

I understand the bank can take months to accept/counter-bid your offer. But after a price is accepted, is the process expedited in generally the same amount of time of a non-forclosure?

I want to put an offer on a house that’s listed at $80k. The listing agent told our agent that 2 offers have been accepted by the bank already. 1 is obviously a backup offer. 1st offer is $80k. 2nd offer is $80k with 3% closing costs back. If I offered $95k with 6% closing costs, can a bank accept my offer? I thought I read somewhere that in a short sale the bank can always entertain other offers even after accepting others until the house is closed. Is that true?

Hector lives in a wooden shack on the outskirts of Juarez, Mexico,
four miles from the town of El Paso, Texas. He drives an old, blue and
rusty Chevrolet pick-up truck that looks like many other old blue and
rusty Chevrolet pick-up trucks in Mexico. You’ll see Hector wearing
faded blue jeans and a long sleeve blue work shirt. Both are dirty and
frayed. His straw hat was once white, but now a dark beige with
several sweat-stain hatband rings. Mr. Lopez is a small man, 5′6″ in
height and weighs 143 pounds. He walks with a slight limp, and holds
his hat in one hand when he bows shyly to say “Si Senor”. Hector, like
many Mexican men, has grown a mustache. We see lots of “Hectors”
these days, and we avert our eyes from them because they are, well,
poor.
One morning Hector drives to a desolate spot overlooking the Rio
Grande, River. He walks to the water’s edge and looks across the 70
foot wide stream, enters the river and dog-paddles across with the end
of a rope in his mouth. Standing on a Texas rancher’s soil, and with no
one in sight for miles, Hector pulls the rope which is wrapped-around a
55 gallon drum and easily pulls the floating barrel over to him. He
removes the lid and dumps a 3 foot tall, 88 pound metal object into the
sandy soil at his feet. Using his bare hands, Hector covers the object,
then swims back to the Mexican side of the river, pulling the empty
barrel back with him. He discards the empty drum in an old abandoned
tar paper plant junk yard, and drives to the Avenue of the Americas.
Hector shows the border guard his Matricula Consular ID card, speaks a
few words in Spanish to his fellow Mexican, and drives into the City of El
Paso. Hector eases the old Chevy up Airway Boulevard, turns East on
Montana, and after several miles, turns south on Ranch Road and down
to the Rio Grande, River. He stops hear the spot where he stood an
hour earlier, uncovers the object, and places it on the front passenger
seat of his truck. Hector proceeds to drive up Ranch Road, headed for
the United States Army Post of Fort Bliss.
The “object” Hector has next to him on the front seat is a 2 kiloton
Russian nuclear warhead, stolen (along with 2 others) by a former
Russian rocket-army colonel following the break-up of the Soviet Union.
This particular nuclear device was purchased for 50 million Saudi-Arabia
oil dollars, sent to Mexico by cargo freighter, and off-loaded to a barren
Mexican shoreline onboard a rubber Zodiac boat.
Hector’s real name is Mohammed Saad, a Jordanian born former
Fedayheen soldier who killed 67 Israeli’s in the Gaza over a period of 18
months. “Mohammed” earned his undergraduate degree in engineering
from Purdue University in Indiana. He speaks 4 languages fluently,
including Spanish, and learned and adopted the shy mannerisms of a
“peon”. He is a clever, bloodthirsty killer.
“Hector” (Mohammed) obtained his Matricula Consular card for twenty
five dollars and a forged Catholic Baptismal Certificate. He could use his
Consular card to get an American driver’s license in 16 states.
Hector “hung out” in Juarez for 3 weeks, observing, learning
mannerisms and “quirks” of the poor Mexican people while he awaited
the arrival of his bomb on a Cessna 172 single engine airplane that
delivered it on a dirt road close to his shack. The bomb was, like him,
offloaded from an Iberian registered freighter somewhere between
Texas and the Yucatan Penninsula.
Hector’s “contact” is an old friend named Bakari Salihan, who lives
extremely well and dresses impeccably as a commercial real-estate
developer in El Paso, Texas. They communicate via small notices in the
Catholic section of the newspaper. Bakari is head of a new Islamic
mosque in El Paso, and gets plenty of cash from The Muslim
Brotherhood to front his efforts for “Allah”.

Keep an eye out for Hector and Bakari. They are here.

http://www.focalpointusa.org/meethectorlopez.html