Hi Short Sale Agents,
I'm feeling stuck with Equator. Their is a sale date for Monday February 14th (Happy Valentines Day, not!)
I have an offer and I've uploaded the 3rd Party Authorization. They have 48 hours to review, and that could be too late to submit the offer and postpone the sale date! We have a great offer but, can't submit due to this 2 day 3rd party auth requirement. Anyone know how to by pass this?
Do you know of anyway to expedite this? OR another way to postpone the sale date?
Thank you,
Kristine
Prudential CA Realty
310-737-8173
Tags:
I think you are still able to upload all your docs to the library. Then call B of A and tell them those docs are there and explain the situation. Also have your owner start their process and have them call B of A, too.
If you've uploaded the 3rd party, you will most likely be able to upload your offer tomorrow or the following day. Be sure to send an urgent message to everyone up the chain in equator requesting a postponement.
First thing Friday morning, you should make a conference call to the short sale dept. with your homeowner. They will talk to you if the homeowner is on line with you. If your authorization isn't in the system yet, the homeowner will need to spend some time with you and BofA on the phone tomorrow to stop the sale. Explain the situation and ask to postpone. Ask for a supervisor if you're not making progress with the first person you get on the line. Have your short sale package including offer, buyer prequal or pof, and hud1 ready to fax if needed.
Good Luck!
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