"The bottom line is, BOA wants you to be licensed.
Of course they hire people to negotiate millions in assets straight out of McDonalds, but this not the issue. You have to get your license or they will not play ball with you. It is CYA for them most…"
"This likely the best was to get around this issue. I am closing them both ways (& I am licensed). I have have been told by some at BOA that they can no longer allow 3rd party negotiators, and still gotten the file closed.
working them under the…"
"Most of the time they need to be notarized with most lenders, so I just get it done automatically. I am even seeing some lenders want the 3rd party Auth notarized!
Best practice is to ALWAYS get the arms length affidavit notarized to save hassles…"
"Paula, why would you let a third party, who has no duty to serve your clients and does not specialize in negotiating handle the negotiations on your short sale. It does not make sense.
By now most realtor boards have made up or given MARS disclosure…"
"AStewart. What am I missing here? When was the last time your seller negotiated directly with a lender on a short sale.
Everyone on this thread: please tell me if I am missing something, but, instead of all this letter writing to the commission,…"
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