Comment

Comment by Ben Benita on February 17, 2010 at 9:37pm

they just want to check your credit...not at all uncommon and nothing to worry about......let them do it so you can put this all behind you my friend

Comment by Stephen B. McWilliam on February 6, 2010 at 12:48pm

A soft pull is done just to obtain the credit scores. It does not provide for an inquiry or full listing of all tradelines.

Comment by Ray Saenz on February 1, 2010 at 7:02pm

William,
Anytime, hopefully you can get all the incentives that you want good luck !!!

Comment by William Booth on February 1, 2010 at 1:56pm

Thanks Ray....I am the buyer and the seller has a law firm that is handling the short sale..they send us weekly updates with regards to the sale. We were able to amp up the response because we are using BOA to do our mortgage. Our agent gave us the name of an "important" individual at BOA and they have helped us a little...we are worried that this process is gonna take longer and not only are we going to miss out on other houses but possibly the Obama money as well.........again thanks for the info!!

Comment by Ray Saenz on February 1, 2010 at 1:29pm

Welcome to the nightmare of Bank of America, they have a very weird process that even the employees don't understand. one tells you a thing and the other one tells you a different thing. It's a lender that does not have a very well structured system to do short sales and no one has a clue what they are doing there.

I will help you a little bit for what I know, I have right now a transaction with BOA and I started since long time ago, I had the first approval so fast, I believe that I took within a month, I'm telling you a negotiator who sent me by email something in writing that fannie mae approved, it was very fast, but for bad luck, I had to get another buyer, because the first buyer walked away and now they are dragging my file for so long, the second buyer the offer was a little bit better, I don't know what BOA has this ridiculous way to work and organize, since they had an approval by fannie mae, why start the process again from zerO? this is is really crazy !!!!

William,
Where did you get that? by email? I'm trying to get inside Equator system hope that it will not make my process slower since these guys don't have any idea what they are doing.