Buying a short sale.. closing delayed..now what?
Put an offer on a short sale property 3/4/11 was supposed to close 6/3/11. Found out yesterday that the title company hadn’t submitted the final HUD 1 form until 5;00 p.m. on 6/2/11..so closing is now delayed and I am livid. The agent said we should have word by Monday but has never been accurate with a time frame. Also the sellers lender is Wells Fargo.
Has anyone ever had this happen??
Is it possible it could all fall apart with this HUD 1 if nothing has changed from the first one?
Has anyone ever worked with Wells Fargo on this and know what the time frame is to review the final HUD 1??