BofA Short Sale - The Inside Scoop on Determing Foreclosure Date - 09/15/10 06:33 PM
If you have a Bank of America short sale, it is important that you call short sale support at 866-880-1232 even if you are working within Equator to make sure there is no sale date. A lot of agents are under the impression that if they have an active short sale within Equator, the property cannot go into foreclosure.
So when you call short sale support, the support representative has three sources to check on the foreclosure status:
1. Equator
2. Their Main system called "Homebase"
3. The foreclosure application called "LODI"
It is important that the support representative looks into … (5 comments)

Remove A Short Sale From Your Credit Report Within 90 Days - 09/05/10 01:49 AM
When you are a short sale agent, you do more than just list homes. Your goal is to understand every option available to the homeowner. You will also need to know the possible legal and tax ramifications so you can give your client the information (not legal or tax advice) that they can then verify on their own. Finally, your goal is to look at the big picture and provide a solution. For example, understanding that the only option for your client is a short sale and then you help them with a rental.
Along those lines, I have been looking … (11 comments)

If You Are Serious About Doing A Short Sale, Then You Might Not Want To Rent It Out! - 09/04/10 05:39 AM

 
If You Are Serious About Doing A Short Sale, Then You Might Not Want To rent It Out!
 
For those of you who have investment properties and were thinking of renting them out for below market rent to supplement your income while performing a short sale, let me take the time to explain the pitfalls this might have on your short sale.
First, the situation:
You either need to move or have a vacant rental property and need to perform a short sale. You get someone in who states that they will rent the place while helping you … (6 comments)

 
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Satar Naghshineh

Irvine, CA

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Satar - Amiri Property and Financial Services Corp.

Office Phone: (949) 419-6008

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