B of A refuses to reduce price of a Co-op Short Sale listing

I have a Co-op Short Sale listed - according to everything I've read, the price should be reduced every 21 days - right? They refuse to do that - stating that it is not allowed with this type of sale. ??? Also no help with stopping foreclosure action schedule in 2 weeks despite the fact that the agreement my client signed states they would do that. Has anyone else experienced something similar? Solutions?

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Permalink Reply by Diana Skaff on May 17, 2012 at 2:40pm

I received a call today from B of A "social media" team and was told that the investor involved with the property I have listed refuses to reduce the price. Go figure.

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