"4 month short sale program"

One of my clients has been offered this 4 month ss from BofA.

Anyone know what the progam is to which the bank is referring?

 

This seller has a non-owner occupied rental property in Sacramento County, California.

Thank you for your assistance, advice, knowledge!!

 

 

Views: 127

Replies to This Discussion

Permalink Reply by Kevin - Greenville, SC on November 16, 2011 at 10:03am
Permalink Reply by Louise Dela Cruz on November 16, 2011 at 10:05am

I don't know I am tweeting BofA now.

I will post any details here!!

 

Permalink Reply by Cynthia Deacon Daniels on November 16, 2011 at 10:41am

It might be the coop short sale with 120 marketing period. I have one now with an non-owner. This is instead of HAFA.

Permalink Reply by Laura Rivera on November 16, 2011 at 12:29pm

I can only think of B of A cooperative short sale that works for a rental, non-owner occupied property. Ask your client if this is the one. They have 4 months (120 days) to sell the property, and they offer incentive of $2500 move out money assistance.

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