Time Frame for investor to approve (Countrywide Short sale) (approval, closing, process)

[mitomcua]

Hello All,
Does anyone know when can i expect to close if the Level 2 has been submitted the request to Level III/investor for approval?

Thanks,
M

[Norsky1]

1. The bank/investor never runs on schedule
2. They don't care about your schedule
3. They never run on schedule
4. Just had to throw 3 in there because it is such a long process

I am about at the same stage as you on a short sale w/ CW/BofA
Supposively they had 30 days at level 2 and I wasn't aware of level 3. Thirty days was last Friday 5-22-09 and it is still in process.

Patience is virtue. Good luck

[mitomcua]

Thanks. Good luck to you too

[AndrewSoss]

Originally Posted by mitomcua

Hello All,
Does anyone know when can i expect to close if the Level 2 has been submitted the request to Level III/investor for approval?

Thanks,
M

CW is the worst, although they are better than they used to be.

I've had a SS listing w/ CW since November.
......


......wait for it......





of 2007.


It's finally going to close this month, but holy hell.

[mitomcua]

Received the approval letters on Tues 06.16.2009 Yike!!!
We'll be closing some time next week