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.
Last year, BOA was great to work with...this year they have been the Gestapo that…Continue
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…Continue
Added by Marty Macisso on June 8, 2012 at 7:53am — No Comments
I have been working short sales in Maine exclusively for the past 3 years. You can look me up at http://martymyrealtor.com
Cheers, and keep up the great work!
Regency Realty Group
South Portland Maine
Added by Marty Macisso on May 2, 2012 at 1:23pm — No Comments