BPO completed before negotiator is assigned?

Being new to the BofA process, my FNMA file has the BPO completed but still no negotiator. Is this the norm? File was sent in September . . . any suggestions or comments?

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Replies to This Discussion

Permalink Reply by Dawn Barrier eXp Realty Vegas on November 30, 2009 at 5:45pm

I just had this happen on 1 of mine too!

Permalink Reply by Jeff Payne on December 1, 2009 at 6:15am

The BPO could be for other reasons, I do alot of BPOs and most are not for short sales, most are for the banks information, they are probably in default or the loan is being sold to another servicer

Permalink Reply by Carolyn Vatuone on December 1, 2009 at 6:26am

Seller is in default and we have a purchase contract waiting to be negotiated. Finally got a negotiator assigned last week. Now the fun begins!

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