Groups are smaller communities within the larger ActiveRain. Join groups created by others. or start your own and
get others to join
This is the place to view the past and present contests put on by ActiveRain and its members. Everyone can join the
group and help encourage each other. Current contest will be highlighted posts so it's easy for you all to see. Let it
Curious as to what others in your profession think about a certain product or tool?
AR's community takes the time to leave honest and transparent reviews of their experiences
so you can be a bit wiser about your purchase.
Broken down by categories and subcategories for easy finds
Get an unfiltered look at what real users are saying
Leave a review yourself for others to benefit from
Add new products as you use them and gain points for doing so
ActiveRain University (ARU) provides free on-line training. We coach, consult and support real estate professionals about real estate trends, technology and social media.
ARU Calendar provides class types and registration links
Watch short tutorials on updating your photo, inserting a hyperlink and much more
Sign up for the Daily Drop so you don't miss out on AR's daily happenings
Find answers to most FAQ's
Whatever it is you're into and wherever you are, AR surely has a group for you to join.
Brand, off the wall, specific subject matters…whatever it is you're looking for.
Each time you write a post you can syndicate your post to 5 groups.
And if by chance you don't find what you're looking for, start a new group today!
Get your content in front of more eyes
Search by location or type
Feel free to start your own group
Find some that are close to home and close to heart
Each month AR runs numerous contests as a way for our members to engage in activities
that will boost their business and increase their visibility in the community and beyond.
Earn points by partaking in these contest and climb the leaderboard
Do what's good for you and your business by participating
If you have an idea for a contest, just let us know
Stay motivated and on track with new contests popping up each month
Ask a Real Estate Question
Here's another avenue for you to build relationships with others. Share your expertise with someone searching for answers.
Play the teacher role and help someone out today
Your Homepage will alert you of new questions in your state
A wonderful way to open a door to a possible new client
Ask a question yourself to get help
These state pages or hyper-local pages provide content directly related to a specific geographical location.
State, County, City and Neighborhood pages make it easy for consumers to find what they're looking for.
Post your listings, school information, local events, market reports and more
Consumers peruse these pages for information
Farm your niche market and cover all the happenings in your neighborhood
Bank of America Cooperative Short Sales Aren't So Cooperative
This isn't a news flash to any Short Sale Agent who's been dealing with Bank of America Cooperative Short Sale, but Bank of America Cooperative Short Sales are anything BUT cooperative.
The concept behind the Bank of America Cooperative Short Sale is a solid one. Bank of America reaches out to distressed home owners who are behind in their payments and suggests a Short Sale if loan modification has failed. The home owner gets relocation money from Bank of America, Bank of America doesn't have to spend the legal fees foreclosing on the home. And the process is supposed to be streamlined. Bank of America sets the list price after a property valuation. If you get a full price offer, should be fast, right? That's where the cooperative part of these Short Sales falls short.
I've got a Bank of America Cooperative Short Sale that has been under contract, at the full list price demanded by Bank of America, since late October. In mid-December, I was contacted by the third party company that Bank of America uses to handle these cooperative Short Sales and begged for an extension to the Short Sale Approval deadline and and extension to the settlement date. Buyers and Sellers executed an addendum, though it was puzzling why, when there was a full price offer on a list price approved by Bank of America, we needed more time. We gave them two months to approve the sale and three months to get to settlement. Turns out we needed one more month on each.
January comes and the Bank of America hired hand calls and suddenly has ME in a rush to do what is a nothing task. I have to hurry and accept a counter offer in Equator because Bank of America needs to get this done NOW. Excuse me? Weren't you the guy that wanted more time? I guess this hired company lost track of the file (and from what I hear this is normal) and just realized there is a foreclosure sale date set that they need to avoid. And the counter offer was one WE initiated when we found out the second trust has released their lien on the home and there would be no need to give them money. So that meant more money to Bank of America. What's the problem?
Not our fault, Bank of America. That's all you! So much for a Cooperative Short Sale. If all goes well and the company you hired does what they should do, we'll have the foreclosure sale canceled, get our approval and get to settlement. I don't like to be negative, but I'll believe it when I see it.
Chris Ann Cleland, Associate Broker- Licensed in Virginia, GRI, SFR, Northern Virginia Short Sale Specialist. Affiliated with Long & Foster, 7526 Limestone Drive, Gainesville, VA 20155. To contact Chris Ann, call 703-402-0037 or email chrisann@LNF.com. Or you can visit her website: www.nvarealestate.net.
Header photos taken by Chris Ann Cleland.
The opinions expressed in this post are those of Chris Ann Cleland, not those of Long & Foster REALTORS®.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.