bank of america short sales: Bank of America Backs Down on Short Sale Request Due to Blogs!
- 03/14/13 06:10 AM
The power of social media has been proven again as I posted on my Active Rain blog and several other short sale specific blogs about Bank of America's ridiculous request to have the individual real estate agents sign the purchase contract and also our individual names on the Hud-1. Although I informed the negotiator that it would be breaking current State of IL contract law for signatures on the purchase contract and IL Real Estate Act 2000 on the Hud-1 since Realtor must be paid directly by the sponsoring broker. You can read my original blog here!
As I was … (0 comments)
bank of america short sales: Delay Delay Name of Game with Bank of America FHA Short Sales
- 02/27/13 01:54 AM
I know I am not alone with having issues with Bank of America and their processing of FHA Short Sales. Realtor forums across the internet from Linkin to Short Sale Superstars and our own Active Rain have hundreds of blogs on this subject. I am in the 10th month and my 3rd buyer on my FHA Short Sale with Bank of America. After surviving the "waterfall", the denial of another loan modification despite the fact that the homeowenr had been denied several other times, to finally getting the Approval to Particiapte I have gone through each phase. The various assigned Phase … (2 comments)
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Evelyn Santiago, Managing Broker Heart Realty Group, Inc.
The power of social media has been proven again as I posted on my Active Rain blog and several other short sale specific blogs about Bank of America's ridiculous request to have the individual real estate agents sign the purchase contract and also our individual names on the Hud-1. Although I informed the negotiator that it would be breaking current State of IL contract law for signatures on the purchase contract and IL Real Estate Act 2000 on the Hud-1 since Realtor must be paid directly by the sponsoring broker. You can read my original blog here!
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