I am the selling agent on a B of A short sale where the property itself is truly distressed. There are three sump pumps in the basement. Seller moved out and turned off the electricity, resulting in literally a foot of water in the basement and mold everywhere. Property is deteriorating rapidly. My renovator buyer may try to further reduce the price if we can not close very quickly. The City will probably condemn the place if they find out the condition. B of A has had everything they need for awhile. File has been escalated three times by professional negotiator (attorney). B of A is ten days behind on four tasks remaining. Does anyone have a contact at B of A who can take this matter seriously and move it forward? $300,000 selling price. Potential big loss to Bank of America if it is condemned.
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