Bank of America- Need contacts

Nikki,
Is your file in Equator? If so you will not be able to close unless you really have some connections. Your offer may need to be sent for a re-review. Our bulk short sale liaison at Bank of America normally can rush a review on what they call the "Fast Track" which normally entails completing all the previously completed tasks depending on if any of them need to be redone. As you are dealing though with a change in offer and I would imagine through the normal sources they are going to ask you to start all over.

Also, what is the price difference? If it is a very large difference you may need to provide supports as to why this has now become an issue. For the future you should always try to complete the appraisal shortly after the approvals are issue to avoid making it too far before you are made aware of this issue.

Our bulk liaison can only work through us directly if not I would give you their information. If you get to the point that this is going to kill your deal feel free to contact me via PM or e-mail info@acgnow.com and we can see how we can connect but we would have to get involved.

Best of luck and keep us posted.
Regards,
Jonathan Katz | Absolute Consultant Group

Replies

Dawn Barrier eXp Realty Vegas May 27, 2010 at 8:07am

Escalate thru Equator ,,,see your email options and email neg. outside of Equator and make the call to the short sale dept.
Be open to options...Get an addendum for COE extension ready for all to sign...jmo..
Is it a large difference?
Is it something that the buyer is willing to pay the difference?
Jonathan Katz May 25, 2010 at 11:41am

Nikki,
Is your file in Equator? If so you will not be able to close unless you really have some connections. Your offer may need to be sent for a re-review. Our bulk short sale liaison at Bank of America normally can rush a review on what they call the "Fast Track" which normally entails completing all the previously completed tasks depending on if any of them need to be redone. As you are dealing though with a change in offer and I would imagine through the normal sources they are going to ask you to start all over.

Also, what is the price difference? If it is a very large difference you may need to provide supports as to why this has now become an issue. For the future you should always try to complete the appraisal shortly after the approvals are issue to avoid making it too far before you are made aware of this issue.

Our bulk liaison can only work through us directly if not I would give you their information. If you get to the point that this is going to kill your deal feel free to contact me via PM or e-mail info@acgnow.com and we can see how we can connect but we would have to get involved.

Best of luck and keep us posted.
Regards,
Jonathan Katz | Absolute Consultant Group

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