Bank of America Short Sales
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This group is for information, tips and solutions for Bank of America Short Sales.
Members: 1978
Latest Activity: Dec 11, 2023
Bank of America Short Sale Information
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Short Sales 1-800-669-6650
Short Sale Fax 1-866-808-5050
Home Retention Department 1-800-669-0102 call to open VA or FHA/HUD short sales
Letter of Authorization Fax 888-491-4947 or 805-520-5019
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***Need Help? Try TWITTER HELP****:
****LOG INTO YOUR TWITTER ACCOUNT and TYPE: @BofA_Help Call YOUR NAME RE: PROPERTY ADDRESS, YOUR TEL NUMBER
http://social.bankofamerica.com/
For TWITTER Do not place LN# or borrower name in the message. Just a brief: 'Need help with a HAFA short sale" will suffice. Make sure to mention short sale. Also, each file should to be a separate tweet. If you have issues with 4 files then send 4 tweets. They will respond very quickly.
HELOC Short Sale Department: email for LOA and Short Sale Packages: [email protected]
EMAIL Moderator with new contact info or corrections to this group.
Discussion Forum
Investors not pushing off auction date
Started by Albert E. Manalo. Last reply by James Franko Oct 8, 2021. 11 Replies 0 Likes
Short Sale while home is in Probate
Started by Chris Zubrycki. Last reply by Short Sale Superstars LLC Jun 19, 2018. 4 Replies 0 Likes
NO BofA FHA SHORT SALE UNTIL LOAN MOD DENIAL??
Started by RVT REI LLC. Last reply by RVT REI LLC May 21, 2018. 2 Replies 0 Likes
Short sale package
Started by Izabella Lipetski. Last reply by Izabella Lipetski Mar 11, 2017. 2 Replies 1 Like
Where are the short sale forms now?
Started by Elva Branson-Lee. Last reply by Chris McGee Feb 10, 2017. 8 Replies 0 Likes
Pay off 1st in full and short 2nd and 3rd?
Started by Erinn Frisbie. Last reply by ElizabethWeintraub00697006LyonRE Jan 23, 2017. 4 Replies 0 Likes
BOA still reporting delinquent to credit companies after short sale
Started by Tom Braunagel. Last reply by Tom Braunagel Dec 7, 2016. 3 Replies 0 Likes
B of A reducing Escrow/Settlement Fee..Again
Started by Tony Morales. Last reply by Tony Morales Sep 9, 2016. 6 Replies 0 Likes
Upload Trustee Release?
Started by Robert Martin. Last reply by Robert Martin Jun 2, 2016. 2 Replies 0 Likes
Two Separate Files BOA never receives any documents
Started by Lisa Jackson. Last reply by Julie Lyons May 2, 2016. 3 Replies 0 Likes
Comment Wall
Comment
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Comment by Kevin - Greenville, SC on December 21, 2011 at 1:25pm
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UTLS is now Asset Management Outsourcing (name change only) - http://www.amorecoveries.com/Contact/
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Make sure you check to see if your client qualifies for the additional incentive.
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Mine has been just the opposite, lengthy delays in obtaining the ATP, but after a Contract is presented and all the associated docs a conditional approval of the Short Sale comes fairly quickly under the 5 working day HUD guidelines.
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Comment by Vickie Hunt on December 16, 2011 at 9:17am
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I've done several in the last couple of months. I don't have any problem initially getting the PFS approval from HUD. But getting approval from BofA on the actual offer was always the hold up. Best of luck.
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Comment by Jim Schneider on December 16, 2011 at 6:09am
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John, Jim, Janie, you're the best. Thanks for your input.
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Comment by Janie Howard on December 16, 2011 at 5:51am
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Yes, agreed, very slow. You must keep on them. BofA_Help with Twitter has helped immensely in moving the file for me.
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Comment by Jim Stewart on December 16, 2011 at 5:44am
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They're fine. Just a little slow. And if you need a variance from FHA you have to pound them to actually request it. At least I had to.
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Comment by John Edelman on December 16, 2011 at 5:41am
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I have done several and have not had any problems
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Has anyone done an FHA pfs sale with BofA lately? I had one almost a year ago, and I'm wondering if they've gotten with the program more since then.
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Comment by Thom Colby CA Brkr 888-391-5245 on December 6, 2011 at 3:52pm
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Sherry - Now you have my curiosity going - Why would anyone want to buy a single note on one particular property that's abandoned? I expect it's not a note investor but more likely a flipper or an owner occupant. I agree with the others - I've never seen a one-off note being sold other than from a very small Community Bank or Credit Union to an upstanding member of their local community to be used for community services, charity, etc.
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