Russ Trinidad's Blog (2)

Auction has completed. Can I still sell the property in a short sale?

The auction completed yesterday (8/13/2013) and the bank (BOA) was the only bidder. The commissioner said it will take 30-45 day’s for the sell confirmation hearing.  

 

Does anyone know if I can still initiate the property for short sale in equator or do I chalk this one up as a loss?

 

Thanks in advance for your comments.

Added by Russ Trinidad on August 14, 2013 at 6:05pm — 2 Comments

BOA Escalation Help! Auction is 8/23/2013.

Escalation help!

I have a Bank of America short sale that I initiated and uploaded the offer in Equator on 7/20/13. It is in “Held under Review” status. The commissioner told me that the auction is moving forward on 8/23/13 because it is not in “Closing Status” in equator. The Asset Manager assigned is Carlton Smith with REDC. I have tried to escalate to Short Sale Customer Service but they said that the Negotiator needs to push the offer through. I do not get any response from the…

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Added by Russ Trinidad on August 9, 2013 at 3:35pm — 3 Comments

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