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Permalink Reply by John Bell on December 20, 2010 at 3:38pm

Joe, be CAREFUL. If this is your first time remember to look at the Commission Field. The Default setting is 5% but the "Seller" BofA may have approved 6% in their Column. REGARDLESS I always change it to 6% anyway and at anytime through the Short Sale Process. Another tip: When BofA would not approve the $12,000 past due HOA and it came time for me to Counter, I LOWERED THE PRICE $12,000. The Negotiator called Immediately and I said "Hey, if you cannot approve the $12,000 that means the Buyer must pay and the Buyer wants $12,000 off the price." I got it approved...

 

Good Luck,

 

John Bell

Short Sale Expert