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Bank of America FHA Short Sales can not be processed on Equator.com

By Thomas Otis

Real Estate Broker/Owner with Remax 24/7 Real Estate

April 05, 2010 05:05 PM

Another interesting experience with B of A. At least you can talk with someone faster these days but after talking with three different people, I found out the can not process the offer through equator. Ironically the person could not email or fax the documents. So if you are doing a B of A FHA short sale, you need their specific forms...I had to google the forms and you will find the PDF online. Here's the link to the form they are legal size.

http://shortsales66.com/bofa/FHA%20Short%20Sale%20Packet.pdf

Hope this help everyone.

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Tim Lorenz

TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA

949 874-2247

Thomas,

Thanks for the info. it is definetly helpful. Good luck with B of A they are tuff to deal with.

Apr 05, 2010 05:20 PM

Peggy James

SAMSON PROPERTIES - Woodbridge, VA

Woodbridge Virginia Area Real Estate Specialist

Hi Thomas, I will file that new information since I have three short sale listing appointments this week. Don't you just wish they could get all this stuff standardized? Goodness..

Apr 05, 2010 10:25 PM

Tony and Suzanne Marriott, Associate Brokers

Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ

Coldwell Banker Realty

Let's hope this lender doesn't follow the path of Wells Fargo: No more extensions on approval letters - close by the approval date - or don't close at all!

Sep 17, 2010 03:54 PM

Paul Gapski

Berkshire Hathaway / Prudential Ca Realty - El Cajon, CA

619-504-8999,#1 Resource SD Relo

Yes sometimes you get 3 different answers with the 3 people.

Mar 09, 2011 02:10 AM

Anonymous

Carol Haddock

You are a life saver on the forms. B of A has been trying to email them to me for days but the button wont open to let me print them. Their system is messed up!! Ive done all the Java, Chrome, Adobe, updated nothing works. I tried Active Rain on a long shot and you came though on the forms.

Mar 29, 2011 11:27 AM

Bank of America FHA Short Sales can not be processed on Equator.com

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Thomas Otis

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