3 cheers to Bank of America!
What? Did I say that? One of the most notoriously difficult banks to work with?
Well, I give credit where credit is due, they did something right this time.
Bank of America is accepting back up offers on short sale listings now.
That means that if the buyer of your short sale does not move forward with the sale then the back-up buyer can take over without requiring the process to start again.
That saves months and months of time. Hallelujah!