This takes place in Virginia. The buyer agrees to a price with the seller in cooperation with the lender. The buyer signs the agreement. The seller submits the paperwork to the lender (a very large well-known bank) and receives a letter approving the short sale. The seller signs the agreement. Next day the bank says another $30,000 or the deal is off. Any advice?
In the letter the lender wrote to the seller, the lender agreed in writing to release the lien. I think that’s all I need the bank to do and they agreed to do it.