Replies to This Discussion

Permalink Reply by Claudia Carignan on March 2, 2010 at 11:07am

Congratulations to you

Permalink Reply by Terry L. Osburn on March 2, 2010 at 11:13am

Congratulations! Equator when it works , works well.

Permalink Reply by Josh King on March 2, 2010 at 11:22am

Congratulations Julian. Do you mind share detail of your timeline ?

Permalink Reply by Tiffany Cloud on March 2, 2010 at 11:31am

Congratulations Julian - that is fantastic!

Permalink Reply by Tina Farinas on March 2, 2010 at 11:35am

Congratulations to your success!

Permalink Reply by Juan Flores on March 2, 2010 at 7:57pm

Congrats!!! Can you share the whole process with us..

Permalink Reply by Julian Jahoo CDPE, SFR, ABR on March 10, 2010 at 6:44am

Hi All,

As requested this is how my SS went along:

1. 01/01/2010 Submitted offer to Bank of America with comps, Hardship Letter, Authorization Letter and Short Sale Addendum.

2. 01/17/2010 was informed I had to now upload all paperwork into the Equator System.

3. 02/01/2010 I had a request to upload my offer again with the supporting documents.

4. 02/05/2010 They requested the client to Login into the Equator System and upload all his Financials and answer several questions and receive a password.

5. 02/22/2010 Received an email from a real negotiator in the Equator System.

6. 02/27/2010 Received an email that they were waiting for the payoff.

7. 03/02/2010 Negotiator emailed to say we had an approval subject to management approval.

8. 03/08/2010 Offer was approved and we recieved a letter from the bank.

9. Closing date is set for 04/12/2010 they are requesting a HUD 72 hrs prior to closing.



Pretty much it was a straight forward contract...

Thanks, J

Permalink Reply by Lupe Soto on March 17, 2010 at 8:19pm

Hi Julian, one more question, did BofA or Equator provided any credit to buyer for closing costs? thanks you and congratulation for your SS approval.