Bank of America Short Sales

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Bank of America Short Sales

This group is for information, tips and solutions for Bank of America Short Sales.

 

 

Members: 1978
Latest Activity: Dec 11, 2023

Bank of America Short Sale Information

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Short Sales 1-800-669-6650

Short Sale Fax 1-866-808-5050

Home Retention Department 1-800-669-0102 call to open VA or FHA/HUD short sales

Letter of Authorization Fax 888-491-4947 or 805-520-5019

***Need Help? Try TWITTER HELP****:

****LOG INTO YOUR TWITTER ACCOUNT and TYPE: @BofA_Help Call YOUR NAME RE: PROPERTY ADDRESS, YOUR TEL NUMBER

 http://social.bankofamerica.com/

For TWITTER Do not place LN# or borrower name in the message. Just a brief: 'Need help with a HAFA short sale" will suffice. Make sure to mention short sale. Also, each file should to be a separate tweet. If you have issues with 4 files then send 4 tweets. They will respond very quickly.

 

HELOC Short Sale Department: email for LOA and Short Sale Packages:  [email protected]

 

EMAIL Moderator with new contact info or corrections to this group.

Discussion Forum

Investors not pushing off auction date

Started by Albert E. Manalo. Last reply by James Franko Oct 8, 2021. 11 Replies

Short Sale while home is in Probate

Started by Chris Zubrycki. Last reply by Short Sale Superstars LLC Jun 19, 2018. 4 Replies

NO BofA FHA SHORT SALE UNTIL LOAN MOD DENIAL??

Started by RVT REI LLC. Last reply by RVT REI LLC May 21, 2018. 2 Replies

Short sale package

Started by Izabella Lipetski. Last reply by Izabella Lipetski Mar 11, 2017. 2 Replies

Where are the short sale forms now?

Started by Elva Branson-Lee. Last reply by Chris McGee Feb 10, 2017. 8 Replies

Pay off 1st in full and short 2nd and 3rd?

Started by Erinn Frisbie. Last reply by ElizabethWeintraub00697006LyonRE Jan 23, 2017. 4 Replies

B of A reducing Escrow/Settlement Fee..Again

Started by Tony Morales. Last reply by Tony Morales Sep 9, 2016. 6 Replies

Upload Trustee Release?

Started by Robert Martin. Last reply by Robert Martin Jun 2, 2016. 2 Replies

Two Separate Files BOA never receives any documents

Started by Lisa Jackson. Last reply by Julie Lyons May 2, 2016. 3 Replies

Comment Wall

Comment

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Comment by Wendy Rulnick on May 16, 2012 at 12:38pm

@Richard Worcester - More block checking mentality. Have the parties re-date the offer....  or do you have a further update?  Apparently, this is a check box on "was exposed to market in MLS".  

Comment by Ismael Jusino on May 16, 2012 at 4:42am

I submitted an offer on a BOA REO, BOA countered the offer and we countered,  the only difference was that BOA was giving us 7 days for inspection and we were requesting 15 days.  The sale price was ok.  It has been a week already since the last counter and we haven't heard anything from BOA.  How long does this process normally take when it involves a counter offer, and how soon after the acceptance of offer will we receive the docs to sign? 

Comment by Wendy Rulnick on May 16, 2012 at 1:28am

Here is the link Elva to the Bank of America pre approved short sale webinar on May 22 https://realestateagent.bankofamerica.com/ptff.aspx?p=296

Comment by Cami Pinsak on May 15, 2012 at 3:36pm

I have three pre-approved short sales occurring right now.  One of my offers was just countered to give the seller MORE incentive, one of my borrowers received a letter stating that they were eligible for more than the HAFA incentive and the other one is status quo.  I knew that they were trying to put an emphasis on pre-approved short sales, but wow!

Comment by Carol Muir on May 15, 2012 at 2:21pm

I have never had much luck doing it this way. Even when the client did it in the past, I would still have to go in and start everything all over again. Will have to see how the new program works.

 

Comment by Elva Branson-Lee on May 15, 2012 at 1:17pm

So, am I to understand I can initiate a short sale tomorrow with no offer and no HUD1 and possible get a pre-approved price?

Comment by Elva Branson-Lee on May 15, 2012 at 1:15pm

Wendy, the registration page did not load.

Comment by Wendy Rulnick on May 15, 2012 at 9:21am

Bank of America's newly announced pre-approved short sale program will be discussed in their webinar on May 22.  Register here: https://realestateagent.bankofamerica.com/ptff.aspx?p=296

Comment by Richard Worcester on May 15, 2012 at 9:13am

Hi Team - We just had 2 B of A SS declined because the offers were dated prior to the MLS entry. I understand the issue, just wondering if anyone else has seen this issue come up lately.

Thanks!

Comment by Stephanie Hart CA 310-930-2342 on May 10, 2012 at 11:56am

I would:) Otherwise I can guarantee they will start you all over. One of my BAC deals is 40 days past accepting a counter, went through management approval, close date review.. still no official letter because the negotiator made and error that was noticed in quality assurance. Fun times!

 

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