I just closed a short sale with Bank of America. We got acceptance and close on the same day. My client was an investor, the subject property a rental for 4 years. My client wanted to know if I can short sale his home. Bank of America has a program called the Co-Op program. No more bank-statements, pay-stubs, tax returns, profit and loss statements. Nada no more .. I did not need a thing. Called DTI. DTI told me what to list the property for. I listed the property got a cash offer. Best part, my client walked away with $3000.00. The Bank of America Short Sale has come a long way.
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Weems Property Group | KW North Sound - Bothell, WA
Managing the details one home at a time.
Keller Williams Realty Metropolitan (Keene,NH) - Keene, NH
GRI
How in the world did that happen? Tell me your secret! My sellers threw iup their hands, stripped the house and walked away because they couldn't even get a phone call returned. While BOA aka Equator was asking us to provide paperwork-they were planning an auction. Not okay.....
Sep 16, 2011 12:17 AM
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