Approval Update

Posted in Uncategorized on January 7, 2010 by 1393eastsiderd

The bank requested that the spelling of the buyer’s name be corrected on the RPA and Addendum.  All parties signed the corrections and they have been sent to the bank.  according to the bank, it will take them 3-5 days to get us an approval.

Approval Update

Posted in Uncategorized on December 29, 2009 by 1393eastsiderd

File submitted for approval.  Sale date 1/8.  Negotiator will be contacting us by 1/4 with response or approval.  She will be working on postponing the trustee (foreclosure) sale date as well.

Negotiation Update

Posted in Negotitation Update on December 23, 2009 by 1393eastsiderd

Emailed manager to get approval. Advised that buyers are anxious.

Approval Update

Posted in Negotitation Update on December 17, 2009 by 1393eastsiderd

Emailed negotiator and CC’d manager to request update on approval.

Approval Update

Posted in Negotitation Update on December 10, 2009 by 1393eastsiderd

The bank requested updated seller financials.  We obtained these fromt he selelr and forwarded them to the bank.

Approval Update

Posted in Negotitation Update on December 7, 2009 by 1393eastsiderd

 Escalated for approval response to upper management.

Negotiation Update

Posted in Negotitation Update on November 24, 2009 by 1393eastsiderd

Emailed manager to get response from negotiator on approval.

Negotiation Update

Posted in Negotitation Update on November 18, 2009 by 1393eastsiderd

Emailed negotiator to confirm receipt of HUD and check if it has been submitted for approval.

Negotiation Update

Posted in Negotitation Update on November 16, 2009 by 1393eastsiderd

All requested docs, including the addendum and HUD for the reduced purchase price were forwarded tot he bank for review last week.  We anticipate a response from them this week.

Negotiation Update

Posted in Negotitation Update on November 6, 2009 by 1393eastsiderd

Sent hand signed HUD to bank for review. We expect a decision next week!