Archive for 'short sale negotiations'
As everyone who has dealt with B of A over a short sale knows, it hasn’t been easy. Now that a legal settlement is forcing them to become more consumer friendly, they’re beginning to take steps in that direction. One of those steps involves 3rd party authorizations. I just read that On March 20, Bank [...]
The $25 billion settlement reached with JP Morgan Chase, Bank of America, Citibank, Ally Financial and Wells Fargo may or may not have an effect on the way your short sales are processed in the future. We’ve been reading that banks will be required to respond to short sale requests within 30 days. But there’s [...]
When I found this information on Active Rain I just shook my head in wonder. Their short sale negotiators are notorious about not returning phone calls and generally being non-responsive to agents trying to close short sales. But… they’ll Tweet you! In fact, they have a Twitter account: @BofA_Help set up just for this purpose. [...]