Bank of America 'Secret' Short Sale Program | BoA HPO Short Sale Program Details

Reblogger Brady Howard
Managing Real Estate Broker with The Cascade Team Gig Harbor 98335

If Your Home loan is through Bank of America, your upside down and want, or need to sell please read and email me if you have any questions.

 

Brady Howard

bradyhoward@kw.com

Original content by Tim and Julie Harris

Breaking News….

Bank of America is testing and will soon have a national roll-out of a new  program that will revolutionize the short sale process.

This new program is called HPO Short Sale. (We know the ‘H-P’ stands for High Performance but, as of this post we still don’t know what the ‘O’ represents.)

This program is NOT a rumor...its real. I have posted actual paperwork including an HPO Acceptance Letter on our blog. Read it now.

Watch the New Harris Real Estate University, Bank of America HPO Short Sale Videos NOW.

Why do you care about this new program?

Here are the details:

(Remember, this program is being quietly introduced, using only a hand-selected group of top short sale agents across the country. HREU will publish any additional information about this new program the second we get it…stay tuned to this site!)

* 6% commissions

* Every short sale seller and agent will be assigned a personal advocate who will shepherd the short sale through, using the new, simple process.  Think of this as your own ‘short sale personal representative’.

* No pre-qualifying, no hardship required.  Being upside down in the house IS the hardship.

* No documentation.

* No bank statements.

* No tax returns.

* No financial worksheets.

* No deficiency judgement.

* No financial contribution from the seller of any kind will be requested.

* Only requirements?  -A listing contract -A purchase contract -An appraisal, though we’ve been told the appraisal will not have an adverse bearing on the final acceptance.

* 2 WEEK approvals.

Listen NOW to the Emergency Harris Real Estate University and Bank of American HPO Short Sale Teleconference…..all the details about this new program are uncovered. <———CLICK HERE TO LISTEN NOW!

Let me be clear, this new Bank of America HPO Short Sale program is what Harris Real Estate University has been an advocating for nearly 5 years. 

HREU is the original Realtor short sale training source. When you are ready to go beyond the basic short sale designation and training…when you are ready to build a true short sale business…watch this FREE Accredited Short Sale Designation (ASD) and download the FREE Short Sale Guide Book.

Needless to say, we are very excited about what this new HPO Program will mean to our industry.

Watch the Just Released HPO Bank of America Short Sale Videos. <---------Click Here To Watch NOW.

Agents, REBLOG this story. Every agent in the nation needs to know about this new BoA program!

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Rainmaker
217,621
Richard Shuman
The Only B.S. I Have is from the University of Massachusetts - Lake Mary, FL
Real Estate Broker - Orlando Area - Love Referrals

 

thanks for the information

Lets hope they all go through

Aug 11, 2010 02:52 AM #1
Rainmaker
145,213
Brady Howard
The Cascade Team Gig Harbor - Gig Harbor, WA
Managing Broker, The Cascade Team Gig Harbor

Yeah, love that sign, I want it!

Aug 11, 2010 02:55 AM #2
Rainmaker
214,717
Nick Bastian
Realty Executives - Tempe, AZ
Real Estate Agent - Tempe

Hopefully, many more of the banks and their investors will continue to make the long short sale process better than what we are working on today...

Aug 11, 2010 02:56 AM #3
Rainmaker
145,213
Brady Howard
The Cascade Team Gig Harbor - Gig Harbor, WA
Managing Broker, The Cascade Team Gig Harbor

I hope, would make for a better recovery!

Aug 11, 2010 05:01 AM #4
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Rainmaker
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Brady Howard

Managing Broker, The Cascade Team Gig Harbor
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