A possible short sale client said that her mortgage lender (Bank of America) said they are not eligible for a short sale because they refinanced on their home after 1/09/2009 and their their only options are a deed-in-lieu or foreclosure.
Is this correct? If so is there any way to still do a short sale in this situation? They had a conventional loan and the 2nd is with Sun Trust.
**********************************
like buttons
Replies