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The Button for No BS?

By
Real Estate Broker/Owner with Daytona Condo Realty, 386-405-4408

This house in Palm Coast is a short sale, and looks like it is a contender for the title of the longest one.

Anyway, we were hoping that we would get to the approval soon. And then a few days ago I got a frantic call that there was a notice on the house, and it was about foreclosure.

We asked the Seller, but she claimed she did not receive anything. Well, she does not live in the house anymore, so that did not really surprise me. We checked the house, there were no notices on it. The record in the Courthouse showed that it was far from foreclosure.

I thought it was some mistake, and a sense of panic alleviated. And then we received the notice, taken by an IPhone. And it clearly stated that the house was foreclosed upon… Here is a part of the note:

Lettter from Bank of America 

Seller’s dad took the note and send the photo to the Seller, and she, in turn, sent it to me. There was no address, case number or anything, that would attach the note to the house. I called the negotiating attorney. She was very surprised, checked the court records and told me the same thing, that it was quite far from foreclosure.

Could it be a prank? Somebody took the notice from one house and stuck it to the other house, and the same bank was just a coincidence? There is the number on the note, and we call. Give the address… No, it is not a prank, it is their standard tenant notification letter.

It is to let the tenant know their rights. Noble task. But has the house been foreclosed. The lady on the other end is quiet, she is checking. No, it is still in the name of the Seller.

So, why do you, people, state that this house has been foreclosed upon by Bank of America? The lady says that their partners (?) should have said it differently.

Oh, it is simply the semantics.

Calling the bank we have a choice of pressing some numbers allowing them to communicate with us in different languages.

Where is the button for simple English and no BS?

Comments(111)

Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Ed & Tracy - we hope that this will not derail the short sale

Oct 29, 2013 02:00 PM
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Dagny - yes, they do...

Oct 29, 2013 02:01 PM
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Terry - I would love to believe it :)

Oct 29, 2013 02:02 PM
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Wayne & Lean - it is not even shocking. You just know that you can run into something like this, and you do...

Oct 29, 2013 02:03 PM
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Gene - good sense of humour, thank you

Oct 29, 2013 02:03 PM
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Travis - Ibelieve I am not the only one dealing with this.

Oct 29, 2013 02:04 PM
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Marnie - you must be doing well to be able to say "no" to short sales. Good for you, though

Oct 29, 2013 02:05 PM
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Thank you, Karen

Oct 29, 2013 02:05 PM
Kimo Jarrett
Cyber Properties - Huntington Beach, CA
Pro Lifestyle Solutions

Sometimes it is difficult and almost impossible to secure the correct information from the lenders involved in a SS, thus, wasting a lot of time, energy and effort to negotiate a successful closing. Some patience, perseverance, and determination is the remedy and eliminating the barriers along the way eventually will lead to a close without any BS.

Oct 29, 2013 06:16 PM
Brien Berard
Remax Professionals Laurel MD - Laurel, MD
Maryland Real Estate Agents - Laurel Real Estate

Still, six years after the bubble burst, no standardization!  Sheesh!

Oct 29, 2013 08:59 PM
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Kimo - and was so difficult for the Servicer not to make false statements, like that it has beeen foreclosed? They have this information.

Oct 29, 2013 11:18 PM
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Brien - still no economic sense, and we are still in this mess, while letting them go into foreclosure would have ended the crisis long ago. We do not need to standardize the crisis, we need to do what is right, and short sales were a social thing, not anything else.

Oct 29, 2013 11:20 PM
Jared Garfield
Rich Life Real Estate Team - Buford, GA
Invest With The Best For The Highest Returns!

Jon, 

That type of garbage sure makes it frustrating when you are listing short sales!

Oct 30, 2013 01:23 AM
Gloria Commiso
Keller Williams - Hermosa Beach, CA
Hermosa Beach

Unfortunately it doesn't surprise but saddens me ...the banks have lost all integrity and sensitivity in the quest for profit

Oct 30, 2013 01:42 AM
Bob Miller
Keller Williams Cornerstone Realty - Ocala, FL
The Ocala Dream Team

Hi Jon does your short sale beat 4 years and 9 or 10 buyers?  lol

Oct 30, 2013 06:56 AM
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Jared - it sure does.

Oct 30, 2013 02:06 PM
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Gloria - I am not sure it the quest for profits. I am sure they would be great in thhis. I am afraid it is because their arms been twisted by the government, that demands the short sales. It is not a natural thing for the banks. never was, and should not have been.

Oct 30, 2013 02:08 PM
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Bob - not yet, but I am afraid we are getting there :)

Oct 30, 2013 02:09 PM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

John after this time and they still can't have a workable process.  Frustrating for those involved in the process.

Oct 30, 2013 03:20 PM
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Jennifer - this is true. Very frustrating. Seems like all ends are still loose

Oct 30, 2013 11:26 PM