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Elizabeth, So far MOST times when I have a short sale that they are looking at then the negotiator has postponed the foreclosure sale date. I did have one time however that they supposedly had put the sale date on hold but they instead sold it. B of A did not even know that it was sold so now I call and talk to the legal group who has the foreclosure. In most cases for me it has been Florida Legal Group. We have just started using Equator and I am sure after the kinks are worked out it may be fine but for now my assistant is getting rather aggravated with it.
I hope you get it all worked out, hopefully those smarter at Equator than me will come to your rescue.
Thank you so much. I just saw my file was changed to "held" and I freaked out.
"Trying to be a great Short Sale agent"
No that's not what it means, it means it being looked at by the investor. I have 6 short sales with B of A right now and I found out that HELD not hold means that they have all of the information along with the offer and are now sending it to the investor for approval.
Have you called Equator? Just because everything is uploaded doesn't mean you stop calling for updates. I call 3 times a week regardless of the system. It's the squeaky wheel that gets the oil, so keep calling and speak to them regarding the TS date.
Hope this helps, :)
Geanne
Thank you so much Geanne! You are right, i should not drop the ball just because everything seems fine, you give some hope ;) I will most definately call tomorrow and find out what is going on. I really appreciate the comment and the correction! HELD not Hold!
Geanne Pack said:No that's not what it means, it means it being looked at by the investor. I have 6 short sales with B of A right now and I found out that HELD not hold means that they have all of the information along with the offer and are now sending it to the investor for approval.
Have you called Equator? Just because everything is uploaded doesn't mean you stop calling for updates. I call 3 times a week regardless of the system. It's the squeaky wheel that gets the oil, so keep calling and speak to them regarding the TS date.
Hope this helps, :)
Geanne
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