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Old 08-26-2008, 09:01 AM
 
Location: Pennsylvania, USA
5,217 posts, read 4,112,847 times
Reputation: 908

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Quote:
Originally Posted by scrapydiva View Post
We recently had an offer on a short sale. Afert 9 weeks and 2 extensions we chose not to do another one. Wells Fargo was giving no response and we chose to walk away unfortunately. We have been in an apt long enough (corporate relo) so now we are closing on another house at the end of Sept. I felt extremely bad for the seller, but we couldn't keep waiting forever. Luckily for them, the last couple who had a offer in and removed it due to lack of bank response is still interested.

It can be extremely frustrating.. as frustrating as it was /is for you.. just think of the sellers.. now , because of the banks incompetence to come up with a simple yes or no they will now be foreclosed on..

And thebank.. well they'll never get the same money they could havegotten from a short sale..

idiots (the banks, not yuo)
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Old 08-26-2008, 05:26 PM
 
Location: Broward County
2,518 posts, read 9,693,157 times
Reputation: 1333
banks are just plain stupid. They wait and wait...patience runs dry and potential buyers WALK AWAY and the house ends up getting foreclosed on. And these people went to college and got degrees in finance and MBA's ?? WOW
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