Bank of America HAFA Short Sale process improvements.

By
Managing Real Estate Broker with Property Management & Sales at REALTY WORKS TEMECULA, CA 92590 (951) 217-6745 01233850

Bank of America HAFA Short Sale process improvements.

Bank of AmericaBank of America sent out a letter today that as of Dec 1 2011 they made changes to the short sale process that will reduce the time needed to complete a short sale.

When a short sale is submitted with an offer and the homeowner is HAFA eligible, we will no longer halt work on the file while waiting to contact the homeowner. HAFA eligible homeowners are no longer required to call our Short Sale Customer Care to indicate whether they will participate in the program."

This is a good step forward and can cut weeks off the time currently needed to complete a short sale.
Currently our Temecula short sales with Bank of America are taking about 100 days to get full short sale approval.

If you have a home loan with Bank of America and want to know if a short sale is an option for you,call or email me.I have 16+ years of short sale experience and there is never a fee for my short sale help.

Link to Bank of America HAFA page
Link to Temecula Short Sale Specialist. 

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Topic:
ActiveRain Community
Location:
California Riverside County Temecula
Groups:
Active Rain Newbies
Realtors®
California Short Sales, REO's, and Foreclosures
Short Sales Specialists
Short Sale REALTORS®
Tags:
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bank of america short sales
hafa
temecula short sale agents

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Ambassador
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Nestor & Katerina Gasset
International Properties and Investments LLC - Wellington, FL
Realtors, Wellington Florida Homes For Sale

Thanks for sharing this information Sidney. As top Temecula Short Sale Agents, you share important short sale details and information that your consumers must know. Keep up the good work! 

Dec 02, 2011 01:12 PM #1
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Rainer
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Sidney Kutchuk

Property Management & Sales Experts 951-217-6745
Avoid foreclosure,ask me about your many no cost options
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