"My guess is that the seller removed your negotiators privilege and their policy is to 'avoid confrontation".
"We responded in 2 days, but this did not seem to matter."
Did you respond verbally or fax? Having a…"
"Surprising, I've closed well over 300 short sales. I am that experienced short sale negotiator that know the "ropes' with these lender. I even hired an attorney experienced in short sales. This is not the problem."
"After working a file for 1 1/2 years now, I am still waiting for an approval. Just remember, whoever answers the phone, knows nothing..........absolutely nothing! I've am on my 3rd offer, 4th appraisal or bpo and a complete file…"
I have worked a short sale for over a year with Select Portfolio Servicing. I'm now on the 3rd offer. This offer was presented in May, when I sent all the paperwork to the bank. In July, I was informed they had closed the file due to non-response in 10 days on the counteroffer. We responded in 2 days, but this did not seem to matter.The file has now been complete for over 30 days. A letter was sent to the sellers stating that we would have an response within 15 business days.......that…See More
As Broker/Owner of RE/MAX Solutions, I have been successfully closing short sales for the past t years. I Service Springfield, Missouri and surrounding areas including Ozark, Nixa, Republic, Willard, and Rogersville for the past 22 years. Recently completed the CDPE Training through RE/MAX.
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I have not found anyway to speed BofA up, I have a great contact that is a senior level supervisor and she even struggles to push them along. Stay in contact.. As far as REO trans, my understanding is that only new files are being assigned there.
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