Bank of America Short Sales

By
Real Estate Broker/Owner with McBride Kelly & Associates Realty

Has anyone had any luck with Bank of America's new Equator system? We have about 25 files clogged up in this "streamlined" version of short sale mitigation. The counters we are getting back from the banks are too high?  I am amazed that Bank of America has not been more proactive in resolving our foreclosure crisis. It has become common place for buyer's Realtors to ask who the bank is. Once they know it is Bank of America they run for the Hills. We have had files sitting for 8 to 9 months. Buyers are backing out and we are starting the process all over again. It seems like other banks such as Wells Fargo have figured it out. Why can't Bank of America do the same! If you have any positive insight on this please respond. WE truly appreciate it!

Posted by

Brian McBride

Broker/Owner

501 S Dakota Ave #5

Tampa FL 33606

813-493-0507

www.mkarealty.com

 

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