In the recent weeks, I have noticed that BofA is behaving strangely. Not that they didn't before. All my short sales with them have overdue tasks by their negotiators and they are postponing sales 15 days at a time. I've been working with BofA for awhile and this is the first time that I've seen every one of my 10 short sales that I'm negotiating have over due tasks.
I've learned that anytime things are bizarre and strange, it means I am missing information. Anyone have any information?
YES! I definitely think something is fishy with BofA.. I just posted a blog about my experience with them..
http://activerain.com/blogsview/1687073/another-one-bites-the-dust
If you type Bank of America in ActiveRains search engine I'm sure you'll find dozens, maybe even hundreds of horror stories from other agents all over the country complaining about BofA.
I wish you lots of luck and patience with this transaction.
~ Vienna
Mary, they are by far the slowest and most uncooperative of the banks for short sales. Part of the problem could be the acquisition of Countrywide, who had so many bad loans to start and that burden was shifted to BOA. Good Lcuk
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