Marty Macisso's Posts - Short Sale Superstars2024-03-29T14:50:37ZMarty Macissohttp://shortsalesuperstars.com/profile/MartyMacissohttp://storage.ning.com/topology/rest/1.0/file/get/3144354862?profile=RESIZE_48X48&width=48&height=48&crop=1%3A1http://shortsalesuperstars.com/profiles/blog/feed?user=2t3g177vj5aih&xn_auth=noBank of America deficiency Waiver - a thing of the past?tag:shortsalesuperstars.com,2012-10-24:3468065:BlogPost:2744472012-10-24T13:09:43.000ZMarty Macissohttp://shortsalesuperstars.com/profile/MartyMacisso
<p>This year under the new BOA short sale process, we have really taken a step back. I have recently been waiting on an approval to come in and finally I get one the explicitly calculates the balance and claims they will not waive the deficiency. Typically, the negotiator will offer a compromise prior to and ask for a contribution in exchange for a deficiency waiver, but I got sandbagged on this approval.</p>
<p>Last year, BOA was great to work with...this year they have been the Gestapo that…</p>
<p>This year under the new BOA short sale process, we have really taken a step back. I have recently been waiting on an approval to come in and finally I get one the explicitly calculates the balance and claims they will not waive the deficiency. Typically, the negotiator will offer a compromise prior to and ask for a contribution in exchange for a deficiency waiver, but I got sandbagged on this approval.</p>
<p>Last year, BOA was great to work with...this year they have been the Gestapo that they always used to be.</p>
<p>What motivation does a seller have going the traditional short sale route if they are going to get screwed?</p>Bank of America foreclosure Waivertag:shortsalesuperstars.com,2012-06-08:3468065:BlogPost:2404832012-06-08T14:53:19.000ZMarty Macissohttp://shortsalesuperstars.com/profile/MartyMacisso
<p>I have a short sale approved with Bank of America here in Maine and the title attorney noticed the judgement period lapsed 2 yrs ago, but the foreclosure was put on hold due to the affidavit review. Now we are in need of a Waiver of Foreclosure, as the seller isnt technically a vested owner, I have submitted this to BOA and am waiting on them to sign off on it. We're getting a little nervous as its been over 2 weeks now.....Anyone experience this before? What is the likelihood they refuse to…</p>
<p>I have a short sale approved with Bank of America here in Maine and the title attorney noticed the judgement period lapsed 2 yrs ago, but the foreclosure was put on hold due to the affidavit review. Now we are in need of a Waiver of Foreclosure, as the seller isnt technically a vested owner, I have submitted this to BOA and am waiting on them to sign off on it. We're getting a little nervous as its been over 2 weeks now.....Anyone experience this before? What is the likelihood they refuse to sign it? It would not make sense as they have approved the sale and this wouldnt jeopardize their position?</p>Hi everyone, I am the Maine Short Sale Specialist and appreciate any referrals:)tag:shortsalesuperstars.com,2012-05-02:3468065:BlogPost:2319262012-05-02T20:23:53.000ZMarty Macissohttp://shortsalesuperstars.com/profile/MartyMacisso
<p>I have been working short sales in Maine exclusively for the past 3 years. You can look me up at <a href="http://martymyrealtor.com">http://martymyrealtor.com</a></p>
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<p>Cheers, and keep up the great work!</p>
<p>Marty Macisso</p>
<p>Regency Realty Group</p>
<p>South Portland Maine</p>
<p>I have been working short sales in Maine exclusively for the past 3 years. You can look me up at <a href="http://martymyrealtor.com">http://martymyrealtor.com</a></p>
<p></p>
<p>Cheers, and keep up the great work!</p>
<p>Marty Macisso</p>
<p>Regency Realty Group</p>
<p>South Portland Maine</p>