Posts Tagged “cancel”

Feb 01 2011

What happens if I cancel escrow after approval?

Posted by Usual in Bank approved short sales, tags: , , , ,

short sale, the bank approved and was supposed to close escrow 3 weeks ago, the underwriter keeps requesting more bank statements, keep extending closing date

Comments 3 Comments »

Jul 06 2010

What reasons can be used to cancel a bank short sale contract that has not been signed off by the bank?

Posted by Usual in Bank approved short sales, tags: , , , , , , , ,

I am the buyer in this situation. Other than attorneys fees, would there be any other lost monies if the bank has not approved the offer but only the property owner?

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