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Old 07-10-2012, 01:07 PM
 
Location: Reston
2,738 posts, read 7,829,178 times
Reputation: 1076

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It's been about 5 weeks since my short sale offer was accepted by the seller. The short sale processor said she sent in an "escalation to Bank of America so the negotiator should get back to me within a couple days." What does this mean and I am not sure why it has to be escalated.

Thank You,

-v
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Old 07-10-2012, 02:00 PM
 
62 posts, read 175,537 times
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To me, it sounds like they're trying to get the negotiator's manager involved in order to get the negotiator to move quicker. Sometimes it works. You'd be better off asking the person who escalated it though.
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Old 07-10-2012, 02:57 PM
 
Location: Reston
2,738 posts, read 7,829,178 times
Reputation: 1076
Quote:
Originally Posted by only1beebs View Post
To me, it sounds like they're trying to get the negotiator's manager involved in order to get the negotiator to move quicker. Sometimes it works. You'd be better off asking the person who escalated it though.
Thanks
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Old 07-10-2012, 09:28 PM
 
31 posts, read 160,504 times
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If it's through equator, the "escalation" is a request for the negotiator to contact them (listing agent) most likely.
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Old 07-11-2012, 10:51 AM
 
Location: Reston
2,738 posts, read 7,829,178 times
Reputation: 1076
Quote:
Originally Posted by spanky99l View Post
If it's through equator, the "escalation" is a request for the negotiator to contact them (listing agent) most likely.
That sounds right. She told me that she hoped to hear from the negotiator soon.
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Go Back   City-Data Forum > General Forums > Real Estate > Foreclosures, Short Sales, and REOs
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