BofA short sale closed today 

Mortgage Balance $227,000  Fannie Mae
Sales price $140,000

Net to BofA  $129,736

6% commission

Offer submitted 11/10/09 after buyer walked

Approved on 11/15/09

Two extensions to get it closed!!!

 

Views: 84

Replies to This Discussion

You're rock'n today Jeff! Cheers!
Great job, Jeff.
Also got a Suntrust closed on the buyers side today, I only had to step in at the end and get the approvals extended so I won't take too much credit for that. Stay tuned for next week, we have several short sales closing then!!!! I am going to play the lottery!
Oh my goodness, I love it when you replace the buyer!!! yahoooo
I need a new buyer for only 3 of mine!!!!
keep on doing wonderful!!!
karen
Thanks everyone, keep on getting after these banks, we need to never give up!!! Go Fight Win!!! Now I sound like a cheerleader!
I have a BofA that just went into Equator. Pretty Smooth so far. Never had any problems with the BofA ladies, so I hope it'll continue like this. But this one is not a big loss for the bank. My two others will probably be toughter. Will see!
Jeff,

Did you start the process on Equator for this one? Or the old fashioned way?
It was started on Equator

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