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Bank Of America Loan Modifications. What Happens When You Get Denied by BofA?

By Fernando Herboso - Associate Broker MD, & VA

Managing Real Estate Broker with Maxus Realty Group of Samson Properties Broker - Realtor - CEO

September 04, 2011 11:53 PM

Bank Of America Loan Modifications

One thing you should know about loan modifications with Bank Of America . . is that getting it approved is not something that happened in a matter of days.. .most loan modifications take between 3-6 months for getting it approved.

The most disheartening thing for a lot of homeowners is that after all this time. . there still the possibility that after a full 6 months of long wait, you may still get rejected.It is extremely recommended that you fill all the required papers as asked by the negotiator. Do not miss a single piece of document because that will only delay your case much further. .

Being patient is a virtue when doing a loan modification with Bank Of America.

Want to know different tools, Techniques and Tactics for battling with your bank?

Do you want to save your home?

Do you want to save your credit?

Better get the truth About Your Options. . .

Because. . .

. . and it should
NOT BE
your only option. .

TO avoid A . . .

10 Loan Modification Secrets Your Bank Does Not Want You To Know. . .

Hi, my name is Fernando Herboso and a licensed broker in Maryland that specializes in distressed properties.

Having listed over 100 short sales in the last 4 years, this is a compilation of the HORROR stories that came from all these people that tried to save their homes and couldn't. . .

Don't make the same mistakes and read all 10 secrets by going to www.LenderLoanModifications.com

Watch SECRET #7

Watch SECRET #8

Are you standing in line for a loan modification or loan mortification?

Find Your Options. . .
Fernando Herboso

I want to work for you. . .this is my bio.

240-426-5754

Bank Of America Loan Modifications short sales Maryland

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Patricia Kennedy

RLAH@properties - Washington, DC

Home in the Capital

Fernando, we need to trade books! But mine is old enough that it doesn't have any short sale or foreclosure information. Time for a second edition!

Aug 30, 2011 02:13 PM

Fernando Herboso - Associate Broker MD, & VA

Maxus Realty Group of Samson Properties - Clarksburg, MD

301-246-0001 Serving Maryland, DC and Northern VA

I remember the one I wrote where you can buy a home with no down-payment and you can even walk away with cash at closing. . .I need to send that one to a museum.. .ahh the good old days!

Aug 30, 2011 02:18 PM

Thank you for stopping by Patricia!

Aug 30, 2011 02:19 PM

CA COASTAL ESTATES Lauren Selinsky Perez CRS

California Coastal Estates - Aliso Viejo, CA

"Your Real Estate Broker" #oclauren

It's unfortunate that they take that long to respond!

Aug 30, 2011 03:01 PM

James Dray

Fathom Realty - Bentonville, AR

In these times you must be a very busy man

Aug 30, 2011 11:24 PM

Conrad Allen

Re/Max Professional Associates - Webster, MA

Webster, Ma, Realtor

Hi Fernando - It is criminal what they are doing. There is a special place in hell for people doing this.

Aug 31, 2011 12:20 AM

Jeffrey Richman

Immediate Home Solutions - Waxhaw, NC

Creative Real Estate Specialist

Hi Fernando,

Not only are you educating those that can help others, you are at the forefront of making it happen!

Keep up the good work.

Aug 31, 2011 12:39 AM

Gita Bantwal

RE/MAX Centre Realtors - Warwick, PA

REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Good advice for consumers and agents. Patience is a virtue when dealing with banks.

Sep 04, 2011 11:56 PM

Andrew Mooers | 207.532.6573

MOOERS REALTY - Houlton, ME

Northern Maine Real Estate-Aroostook County Broker

When BOA denies you, only an arm, maybe a leg too is the price. And about the new born....

Sep 05, 2011 12:20 AM

EC, JF, Double R and Zoey the Cool Cat

Russel Ray Photos - San Diego, CA

I think being patient is always a virtue, but some of the posts I've been reading about short sales and Bank of America indicate that being comatose for six months might also be a virtue. lol

Sep 05, 2011 02:44 PM

Anonymous

Dennis

If your looking for a HARP refi, look at your local credit union. In most cases they can save you a lot.

Jun 11, 2012 08:52 AM

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Bank Of America Loan Modifications. What Happens When You Get Denied by BofA?

Comments(11)

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