Approved...Maybe

You know, I wish just once we could get a straight answer outta these people!

The week before last as the kiddos and I took a walk around the neighborhood to burn off some of the schools-out-I'm-bored-there's-nothing-fun-to-do energy, I chatted with our real estate agent on my cell.  I found out there was a late-June e-mail from our loss mitigator, a rather important e-mail, that somehow had lost its way on its journey to my inbox.  According to this e-mail, Fannie Mae had approved our file for short-sale!

The kicker here is that it had actually happened back in MAY and the bank failed to notify us. Our mitigator only found out in her weekly phone call to find out status, and probably only because she spoke to someone different who (gasp) actually seemed competent to provide information. 

Remember, though, that this information was only provided verbally - which means nothing in this situation - and was communicated in LATE JUNE when the acceptance had supposedly been issued in mid-May.

Furthermore, Fannie Mae's acceptance of the short-sale was contingent upon closing the deal within 45 days of their acceptance.  Which we have now passed, so we're again not sure if it really is still accepted.  On top of that, the fact that it was a verbal notification means that until we receive the hard-copy letter, we can do nothing.  According to the person with the bank that informed our mitigator, the letter still hadn't been issued to us.

Fast forward to this week.  We still have not received said letter.  Again, our mitigator calls in to check on its status and is told that the file is NOT approved, and is still in review by a specialist (i.e. the step BEFORE sending the file to Fannie Mae for investor review and approval).

AHHHHHHH!

Our mitigator does have in her possession an e-mail dated sometime last month from the main negotiator at the bank indicating that our file has indeed been approved and we can close pending receipt of the approval letter.  The person to whom the mitigator spoke with this week, however, said that information is incorrect but to fax her a copy of the e-mail, she'll investigate and the mitigator should follow-up next week.

So, still in limbo.  I don't know about everyone else, but my back really hurts from going under this stupid stick.