The long and short is that I have had to learn the short sale process first hand with 4 files this year. One close 2 weeks ago after 5 months THE SPRINGWAY and a second is closing(god willing) THE RUSTLING OAKS 11/23/09.
The Rusting oaks was the most perplexing. The contract was written in Jan. of this year, cash sale no contiencies?
Why does it take almost 11 months?
The truth is that BofA can not find their behinds with both hands. I have THE KITERIDGE which has had 4 contracts, yes four!! All walked . Working on my 9th contract. Listed for 16 months.
The Summer Sales listed for 24 months has had 2 buyer walk.Currently under contract but nothing was done on it since June. Last week I get an email requesting information and documents I had already submitted.
This is subdued narative of my experiance with Bunch of A@#@$@$@. I would be glad to post more detail work and some of my new methods of dealing with BofA. They are un-belivable. They are doing a diservice to their customers and the Realtors who will help bail them out.This on top of our bail out goverment money some of which went to corporate bonus plans.
In the Tampa Bay area a few months ago a man went to cash a personal check from his wife from a BofA bank. He didn't have an account there so they demanded he provide a thumb print. He argued that he couldn't and a manage was called. He repeated the bank policy and refused to cash the cheak. The man couldn't provide a thumb print because he had no hands.
One rotten apple in the barrel, ok but it appears that BofA has more than half a barrel full of rotten apples.
Hey, I'm being nice here.
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