Special offer

Update on BofA short sale-going good

By
Real Estate Agent with THE BROKER NETWORK OF CENTRAL OREGON, LLC 200306195

Yesterday I posted info on the HAMP program and how it was being applied to a current short sale negotiation in which I am involved.  Last Friday, we were assigned to phase 1 negotiator and tonight I was called by the phase 1 negotiator informing me that we were moving to phase 2.  I think this is awesome progress compared to a prior experience I had and what I had heard of from other brokers.  Just wanted to share that I think things might be getting better in terms of timeliness. On 12/19, we submitted offer to bank and three weeks later (remember we had holidays during this period), our information is certified as complete, appraisal is done, and we are moving to phase 2 which I think is the final phase!

Mandy Buchholz
Benchmark Realty, LLC - Murfreesboro, TN

Good job, keep us informed and let us know if you get closed before 3 months are up.

Jan 13, 2010 01:08 PM
Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker Associate ,CRS,GRI,SRES, Brea,CA, Orange Co

Maria,

Are you saying that B/A actually CALLED YOU with an update? Is that possible? Maybe there is a possibility of world peace someday.

Jan 13, 2010 01:09 PM
Tom Boos
Sine & Monaghan Realtors, Real Living - Grosse Pointe Farms, MI
Providing the very best of service to Sellers and

You better "pinch yourself" because I think you're having a dream!  Maybe short sale processing really is getting better.  Good for you.

Jan 18, 2010 12:28 AM