Commitment letter issues

Hi! So we are in the process of selling our co-op, went into contract last week if January. Buyer had 30 days to get commitment letter, she ended up switching banks for a lower rate and asked for an extension- fine. There was a delay in the bank needing something from the co-op another extension was given. The extension is coming due on Friday and still no word on this commitment letter. I should add she is trying to get a sonymae loan and is qualified as far as financials go.

Anyone have experience with this? We're trying to figure out how long we should continue to do this until we back out, relist and go through the process again..

ETA they are apparently waiting for underwriter approval.

Message edited 4/23/2013 12:57:17 PM.

Re: Commitment letter issues

Sonymae takes a little while to get the approval from

I would hang in there with her-

Re: Commitment letter issues

Thanks for the feedback, I really don't want to start from scratch again!!