"Claudia - That's a difficult question. You have to work with your agent. The seller may be contractually bound with the buyer in first position. You may have to go into a back up position. - Good luck!"
"My guess is that the agent sent the package through the fax a couple of weeks ago and was then instructed to upload everything through Equator. She is basically starting over but once everything is complete within the system it moves pretty quick.…"
"We had an approval within 2 weeks of everything being uploaded and they gave us 60 days from the approval date to close. Our property already had the BPO's complete so they did not have to wait for those to be ordered and come in. Good luck…"
"Emily, you said you demanded they pay the $16k to the junior lien holder but you didn't say if they agreed. We've done several short sales with BofA and several have had a lien holder in 3rd position and they have never agreed to pay…"
"I agree with Dominique, start asking for supervisors. You'll get it done. Make sure they know they are in 3rd position. I've never seen a 1st pay a third. They are very lucky to be getting $10k. If it goes to foreclosure they get nada.…"
"Just received an approval on Equator. Submitted 2 weeks ago. I don't know if I got lucky or if this is a sign of things to come. Hopefully, the new process will expidite things. I was assigned a negotiator and he has been extremely responsive…"
"It was a BofA negotiator that had been trained on Equator. She could actually open something on her end and tell me what they needed. She made it very clear that if you are in the Equator system they will not e-mail or call us with notices. We have…"
"I just got off the phone with a negotiator with the Equator system. Not everyone w/in BofA's short sale department is trained in Equator and doesn't have access to it. You have to keep asking to be transferred to someone within…"
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