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  Pacita C Dimacali January 16, 2010 at 6:49am

  When you say they got their loan mod -- are you saying they are approved? If that's the case --- the short sale process is negated. What does the seller want to do --- keep the house, or sell it as a short sale? Start there.
  
  One of my sellers was applying for a loan mod, was denied. So he listed as a short sale. But the short sale negotiator didn't want to even touch the file unless the loan mod application was withdrawn.
  
  One of my co-Realtors was in a short sale, representing the buyer. Just as they thought they were about to close, the seller filed for bankruptcy. Even the listing agent had no idea the seller was doing that.
  
  It really is important to know what the sellers want to do.
  
  Good luck!
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  Leonard Collins January 11, 2010 at 9:34am

  Equator is just a slow software that's designed to be more effective than calling the bank continually for updates. However that's not the case. BOA still services their loans and someone has the info you want. Equator is not as effective as a software could be.
  If your client is interested in the mod as an agent you would refer them to their lender. As an attorney you would contact loss mit dept instead and satisfy the conditions.
  If the short sale in the best interest disregard the mod papers, they will expire in under a week anyway. The reps need to provide you an update as you call for the short sale regardless that is if the process has been initiated.
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  Ray Saenz January 11, 2010 at 8:26am

  Heather,
  It seems that everything was answered here :)
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  Melissa Polce January 11, 2010 at 8:20am

  Call the BofA short sale line at 1-866-880-1232, tell them you have an offer and would like to upload it in to Equator, tell them you are having trouble with it...they will need to take your email info. & get the info. of email also from the seller...1 day out of the blue a rep. called me from Equator and set me up...7 days later, there I was...or go to REOtrans.com and try and sign up, then go in and click the "initiate short sale" icon...see if that works...
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  Glen Evans January 10, 2010 at 2:09am

  All B of A Short sales go through Equator now. The seller has to Or is supposed to submit all paper work to them through there web site. They will only talk to the home owner. This is where you need to think outside the box. Sorry to say this, but you might have to start this all over and go through there website.
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  Bryant Tutas January 9, 2010 at 2:27am

  Heather, It sounds like they are working the file. 4 months with a BofA short sale is not a long period of time. Just keep following up once a week. She if you can get a direct email for the negotiator.