bank of america short sales: Is the BoA Short Sale Process Easier Now?
- 05/04/12 12:35 PM
Bank of America has now shortened the time frame it takes to process a short sale from first submission to final approval. Before, it takes more than 45 days to provide a decision. With the new timeline, Bank of America says it can provide a decision on a short sale offer in an estimated 20 days. It also shortens the backup offer submission time from 2 weeks to 5 days.
Bank of America streamlines their short sale procedure through the short sale management platform Equator. Bank o fAmerica is also offering task-by-task training on the new Equator process. It is also … (3 comments)
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Bank of America has now shortened the time frame it takes to process a short sale from first submission to final approval. Before, it takes more than 45 days to provide a decision. With the new timeline, Bank of America says it can provide a decision on a short sale offer in an estimated 20 days. It also shortens the backup offer submission time from 2 weeks to 5 days.
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