Special offer

SHORT & SIMPLE SHORT SALE TIPS- Bank of America

By
Real Estate Agent with Coastal Real Estate - Cape Coral FL SL3150658

SHORT & SIMPLE SHORT SALE TIPS - If you attempt to submit an offer on Equator for Bank of America and you get the instant response that the offer is too low call Bank of America.  The staff at Equator does not set the minimum price.  This recently happened to me on what I considered a reasonable offer and when I called Bank of America I found out the minimum price was based on a 2007 BPO.

The end result of the phone call was Bank of America ordered a new BPO and will adjust the price in Equator based on the updated BPO.

Comments(2)

Melissa Zavala
Broadpoint Properties - Escondido, CA
Broker, Escondido Real Estate, San Diego County

I think that they use a computer generated system, and that impacts the declines. A call definitely makes a big difference. Wendy Rulnick also has some other creative solutions!

Mar 18, 2010 06:18 AM
Ann Nguyen
eXp Realty of California, Inc. - Truckee, CA
Lake Tahoe Truckee Homes For Sale

Terry...thanks for the tip. Short Sale is such a long process that any tip definitely helps.

Mar 19, 2010 11:44 AM