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The Bank of America comedy of errors contiinues!! the Short version!

By
Real Estate Agent with Re/Max Acr Elite Group

I am here to state that I have in fact closed 2 ss with BofA (aka a B of $%@#@)'S

http://activerain.com/blogs/armandoruiz

One agent suggested that the title of my blog should be a comment I made ," BofA can't find their rear with both hands". Sorry for the color but if you read on you will understand.

This would be an update to my blog. On the Springway file it cooked for about 4.5 months, clean contract. Swore that this would be be last ss listing, That was in April .

The second one would try the souls and sanity of many. I took the LISTING in Dec. 2008 I wrote the contract in Jan 2009, CASH SALE! NO CONTINGENCIES!! That one closed 11-15-09.

Got 2 more pending and both look like we may close in 4-6 weeks. Mind you one has been listed for 17months and has had 8 CONTRACTS AND 8 BUYERS WALK!!!

Best suggestions.1. Be persistent 2.Call weekly 3. Ask for names,emails,phone #'s 4.if you fax , fax no more than 10 pages at a time. 5 try to email doc's PDF. 6. TRAIN YOUR SELLERS to cooperate7. TRAIN YOUR BUYER TO  be patient 4-6 mts is the norm. 8. GET THE BUYER TO make an escrow deposit upfront, set a time table for a reply (refer to #7) without any skin in the game they lose int rest.

I have learned a lot this year with my 4 BofA  ss files. It is clear that we as Realtors can not shy away from this horrible situation that our clients are in just because we have to deal with the likes of a company like

B of @##%@%'S

The very best to you,

armando

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Suzy Morris
The Morris Team - Carlsbad, CA

I've been there with mutiple banks- including BofA.  I feel your pain! 

Dec 06, 2009 01:31 PM