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Trying to purchase a short sale property is not for the faint-of-heart. Hang in there and do what is requested of you. If you have to start over and still only want distressed property, I would suggest seeking a REO. Less fall-out and much easier to close. .... Happy funding, Rudi
As you probably know, Wells Fargo purchased Wachovia. In Northeast Florida, and on a national teleconference, Wells Fargo announced that it is sending professionals into the field to help facilitate short sales, especially on the front end about eligibility. Of course, you're well past that "front-end" point, but you might try to get in touch with the designated local person for your area in case that person can help. If that is no help, my initial reaction is that I would do my best to fight for my customer but would also tell my seller customer or buyer customer that it may be VERY difficult to get a bank to step up to the plate and reimburse someone for missing a rate opportunity or for lost time on the market.
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