Ok, so we acquired the property in foreclosure in early January, and got the file submitted right away to the lender. The lender is Midland, and they’ve been dragging their feet with the file. We just got word on January 30th, that they want to send us “their” short sale package, and that they require that the homeowner call the lender and have her request that the lender fax us the short sale package instead of mailing it to the homeowner.
This is crazy. We’ve faxed the complete short sale package to the lender, they have everything they need, but they’re asking us to do things that really and truly make no sense…
The foreclosure sale is Feb 11th, and today is Feb 2nd. Are we going to get the sale postponed? Of course we are!
Watch how we do it.
I just wanted to give you this quick update on the file so you can see how crazy the lenders sometimes get, and how they sometimes request things that really make no sense.
That’s just a part of the business. Expect it, and it won’t drive you tooooo crazy. 
Believe me, it’s all worth it when you get the paycheck at the end of the deal.
Talk to you soon!
Take care!
Marty Schulting
Top Foreclosure Training
Co-Founder and Coach
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Marty, I am going through much of the same thing with Wlls Fargo on a FHA loan. We are three months into the deal and they still are dragging their feet. The negotiator doesn’t want to give the allowed discount. But it cost them more to drag their feet than to agree on a settlement.,