shortsale: A Recent BofA Inquiry to Me We Can ALL Learn From
- 12/14/09 04:26 AM
"I have a property that I am trying to do a short sale for. The realtor that I am working with is not able to negotiate with Bofa (heloc) to settle the account. They want to take $5000 in cash to release the lien but charge-off the remaining balance (about $200,000). Do you think you can help me on this case?"Thanks,Natalie
Hello Natalie, Very common set of circumstances relating to a BofA HELOC account engaged in short-sale review; actually this is their standard resulting resolution. Unfortunately, they almost always include a clause regarding the deficiency in the approval docs, its … (0 comments)
shortsale: The 3 Must Have Qualifications for Short-Sale
- 10/23/09 08:34 AM
I have made this report absolutely FREE of charge to you, so you can act quickly to identify options that work for you. Just enter your information and click "submit", and you will automatically download this important report. http://www.montanogroupc21.com/Free-Report.aspx … (0 comments)
shortsale: 7 Dangerous Myths About Short-Sales
- 10/23/09 08:30 AM
Click this link to download a FREE Report. http://www.montanogroupc21.com/Seven-Short-Sale-Myths.aspx There are millions of homeowners just like you who are looking for answers and don't know what to do. You're not alone and you're in the right place. … (0 comments)
shortsale: MHA, New Guidelines May Radically Change How Short-Sales Get Done
- 10/20/09 08:49 AM
We've been successfully specializing in short-sales since mid 2005 and have been as much a part of the evolution of how these things get done as we have been a witness to the evolution.We've seen first hand how lenders have buckled under the deluge, and struggled to create, adapt, and adopt systems, & new personnel to handle it all; it hasn't been pretty.All in all, I think these newest guidelines under the MHA program will generate significant improvements to the process, and remove substantial "waste" from it. Two thumbs up!I am a realist however. As such, I realize that since this … (4 comments)
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"I have a property that I am trying to do a short sale for. The realtor that I am working with is not able to negotiate with Bofa (heloc) to settle the account. They want to take $5000 in cash to release the lien but charge-off the remaining balance (about $200,000). Do you think you can help me on this case?"Thanks,Natalie
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