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We stopped taking BoA deals for a while there. With Equator being up and running, we have started to work them in again. We probably have different perspective than most on this site as we are investors that negotiate short sales that we purchase, then re-sell to retail buyers. (Sometimes immediately, sometimes in 30-60 days, every deal is different)
That said. I've not closed ONE BoA short sale in a year in Michigan. I have gotten 2 approvals on short sales nationally for other investors who I have negotiated for. They are slow, very difficult to work with, and are just now starting to show signs of life. Really, because of Equator. Things have gotten better, but are still difficult.
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