Update to the Countrywide/Bank of America Short Sale

If you read my blog a few days ago you will know that the BPO was expected to be in on Tuesday or Wednesday. Today is now Friday.

Would you be surprised to hear that the BPO was not in on Tuesday or Wednesday? It didn't surprise me in the least. As a matter of fact, although they told us the value should be coming in this week and they would be reviewing the numbers I actually added 30 days to that as a buffer.

Let the clock begin ticking. We are now 2-3 days past their original estimate. The next follow up date is not until Tuesday. Which would put us at 6-7 days past their original estimate. See how quickly I will be able to eat up that 30 day cushion without anything actually happening?

I hate that the carrot dangles in front of us- like we are almost getting somewhere- and then it moves on. We have been in process for four months. Four.Months. fourmonths. We tend to go 30-45 day stretches where there is no news, nothing to indicate that our file is even still in process. Then they throw us one tiny morsel of an update and we get all excited and think we are moving somewhere.

Ha! Where is the candid camera? We aren't getting anywhere! It's just a figment of our imagination.

On a side note- stay tuned! Bookmark this blog and come back often. Possibly coming soon: a co-author that will give their perspective on a Bank of America short sale from a seller's point of view! The rare, elusive, seller's experience with a short sale. Are you excited? I know I am!