Why Bank Of America Is Offering A New Short Sale Program In Folsom-El Dorado Hills Folsom-El Dorado Hills CA – A cooperative short sale may be a good option depending on your situation. But, you need to remember that Banks are not in the business of making life easier for its customers, much less anyone trying a short sale. Banks are in business to turn a profit. The main reason Bank of America has initiated the Cooperative Short Sale is to increase the bank's bottom line profit. They increase their profit whenever they cut losses on loans that are in default. … (1 comments)
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