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Bank of America HALTS ALL FORECLOSURES!

By Jami Asanovich

Real Estate Agent with Smart Concept Realty, LLC

October 08, 2010 07:42 AM

BEST NEWS EVER!!! As soon as I heard about this announcement from Bank of America, it was like a huge weight being lifted off my shoulders. They are halting foreclosures in ALL 50 STATES! This will allow more time to negotiate some short sales that are at the wire and will hopefully urge other banks to follow suit. YAY!

Check out the full article here:

http://www.usatoday.com/money/economy/housing/2010-10-08-foreclosure-halt_N.htm

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Cynthia Larsen

Cotati, CA

Independent Broker In Sonoma County, CA

This market never ceases to amaze me. What's going to happen next? I feel like buying a ticket and a bag of popcorn for the next show.

Oct 08, 2010 08:49 AM

Damon Gettier

Damon Gettier & Associates, REALTORS- Roanoke Va Short Sale Expert - Roanoke, VA

Broker/Owner ABRM, GRI, CDPE

I hope that this gets BofA working short sale files in a timely manner.

Oct 08, 2010 05:17 PM

Curt Baumgarth

Mesa, AZ

inactive

Wow, incredible news. Thanks for the link. I have a short sale with them now that has a foreclosure date!

Oct 08, 2010 07:10 PM

John Ryan

Century 21 Alliance - Havertown, PA

Hard to figure, isn't it? After playing on their Equator site it's not hard to understand why.

Oct 22, 2010 04:57 AM

Bank of America HALTS ALL FORECLOSURES!

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