I've got a BOA/HUD short sale approval but 2 junior liens (a local bank and a mechanics lien, both have judgements) that won't accept the $1500 ($750 each) offered by HUD/BOA. The homeowner filed bankruptcy last year but the liens weren't removed b
Read more…I am a buyer and have been relying on your site for some time now and it has helped tremendously. With your guidance I thought I was nearing the end and the fabled approval letter, however I received an email yesterday that has made me think we are
Read more…I am representing a buyer on a BOA short sale. The listing agent has already admitted this is his first short sale and he is overwhelmed and doesn't really know what to do. We submitted a cash offer for full list price and it was accepted by the se
Read more…We have a Buyer attempting to purchase a new primary residence; a SFR non-FNMA short sale. We also represent the Seller in the transaction.
The Buyer is putting down 80% LTV and has 700+ credit scores. However, our Buyer has a short sale that closed
Read more…Here's the situation. My clients stopped paying the mortgage 3 years ago when their son (5 at the time) was diagnosed with ALL - a form of leukemia - as mom had to stop working to care for him full-time. They tried contacting Bank of America for a
Read more…I was recently advised that BOA recently restricted all agents of a large brokerage because one short sale file allegedly contained fraudulent document(s). Furthermore, when any of these agents jumped ship to another brokerage because of their inabi
Read more…Finally, there is some consensus on keeping unlicensed individuals from practicing real estate in the short sale arena, an unfortunate and increasing practice in our industry.
I can understand that there are unlicensed individuals that may "process
Read more…I have done everything, and borrower has done everything on BOA/SS site too. All of our tasks are complete and confirmed by BOA/Equator rep. My conversations for the last 4 days with BOA/Equator say that there is one (1) task yet to be done by the
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