BofA not a short sale, but the 2nd with Chase is; BofA is foreclosing in one month

Hi All,

 

This is a tricky one and I was wondering if anyone else has had this situation.  The first lien holder is BofA.  We have an offer on the property that will more than cover the loan balance so it is not a short sale.  BofA has a trustee sale date of 2/21.  The second is with Chase and is short.  Obviously, the short sale with Chase will not be completed before the TS date.  Has anyone had any luck getting the TS date postponed in this situation, and if so, how did you do it?  Thank you as always wonderful Superstars for your help!!

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Replies to This Discussion

Permalink Reply by Thom Colby CA Brkr 888-391-5245 on January 19, 2012 at 9:38am

As you state, you don't have much time to get this done - I suggest tweeting @BofA_Help and askign for their assistance.  It is better for BofA to postpone and get paid than to Foreclose.

 

Best of luck,


Thom Colby

Newport Beach and Palm Desert CA

 

Permalink Reply by Donna McClelland on January 19, 2012 at 9:47am

Thanks, Thom!  Believe it or not, I have never tweeted, so my next step is to figure out how to do it, LOL.

Permalink Reply by Thom Colby CA Brkr 888-391-5245 on January 19, 2012 at 9:49am

Donna -

Call Kevin

Permalink Reply by Kevin - Greenville, SC on January 19, 2012 at 9:40am

call me - 864-485-9283

Permalink Reply by Donna McClelland on January 19, 2012 at 9:58am

Tag, you're it!  760-807-1981

Permalink Reply by Janie Howard on January 19, 2012 at 12:12pm

I have that same situation going on now - first with WF, second with BofA.  WF is cooperative and moving the sale date back for me when I've requested it.  They know it's a short with the second.  You should notify the Foreclosure Dept with the first as well as the attorney to request the sale date be moved back and why.  Going through both will cover your bases.  Good luck!

Permalink Reply by Donna McClelland on January 19, 2012 at 12:17pm

Thanks, Janie, good advice!  I solved my problem.  Per Thom's suggestion, I twittered BofA; however, before they even got a chance to respond,  their social media monitor called me and helped me out!  What a godsend!  

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