Short Sales Maryland

Bank Of America's reputation is being damaged once again. . 

5 months to get a short sale approved is simply insane. . 

directly form Dave Ramsey himself. . .Bank Of America gets a black eye

Thank you Guy Lofts for this post

 

 

Via Guy Lofts CRS Real Estate Guy in Madison, Wisconsin (Keller Williams, Madison Crossroads):

Have you heard of Dave Ramsey?  The money managing guru from radio talk shows and Fox (comedy)channel.

I had the privilege to be in attendance of his 2 day annual Realtor conference last week in Tennessee. 

As part of the 2 days, we were the audience in a special live radio show.   He'd say, "I'm here with 300 of the top real estate agents in the nation."  and he had a show devoted to Real Estate.  It was quite an eye opener to see in the flesh. 

One thing that really took me aback was his open hostility to BOA.  Twice did he mention negative things about them. 

One just said they had a loan with BOA, and he said there you are you made a bad decision.  and words leaving the listener in no doubt that he did not like BOA.    I was very interested to find out why this almost hatred openly on air.  It can't be just the poor short sale track record surely. 

 

We heard from another potential buyer who had waited 5 months for a short sale in Michigan.  When the listener admitted it was a BOA short, there was a loud sign of disapproval from the audience and another very derogatory statement from DR.   Bluntly said give up and find another house. 

Wow!!

 

Countrywide BOA, you have to do something,  now!!  your reputation is dirt. 

Real Estate Guy is a full service Realtor in Madison Wi with a 4 person team. search homes for sale madison wi

 

 
This post has been included in Maryland Information Montgomery County, MD Information
Post is included in group: "Whacked"!!!
Post is included in group: Short Sale Specialists & Pre-Foreclosure Education
Post is included in group: Short Sales
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5 Comments on Dave Ramsey slams BOA

NOV
07
284,888 Points 13 Featured Posts Outside Blog

Here is the President of Bank of America's email address:

Ken.D.Lewis@BankofAmerica.com

Everyone sighs when they hear Bank of America/Countrywide.  Think of how much money they are losing by taking 4-6 months or longer to make a decision.

 

11:03am • #1
487,168 Points 41 Featured Posts Localism Sponsor Outside Blog Hit Router

I listened to one of those "professional" short sale negotation teams also go on a tirade about BoA recently.  Obviously their reputation proceeds them when it comes to how they have been handling what they purchased Countrywide.

12:08pm • #3
101,318 Points

Even working with BOA on a "New" mortgage loan is can be excruciating.  Simple, "slam-dunk" deals are drawn-out because of inane "conditions" imposed by new-breed underwriters whose level of self-importance is unmatched in the industry.

12:09pm • #4
253,211 Points 1 Featured Post Outside Blog

Any more when the lender is BOA, I simply say no thanks and run the other way.  I've heard that they recently streamlined their process though, so they may be trying to clean up their act.

1:15pm • #5

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