I can't believe what I'm about to write: Bank of America short sales are actually getting easier! I just got approval on a short sale with them in under 50 days! (This is where I break out into spontaneous dance, much to the embarrassment of my co-workers.).
Ordinarily, this wouldn't be a big deal, we get approvals with them all the time, but it's the circumstances that really make this important. As they say the devil is in the details.
This approval was for both the first and second mortgage, with no money out of my clients pocket, the client has never missed a payment, AND they're being given $3,000 in relocation assistance thanks to the Home Affordability Foreclosure Alternative Program (HAFA).
Two years ago this short sale wouldn't have even been possible, but banks are anxious to avoid foreclosure here in Maryland, and that shows when it comes to their short sale properties.
Days like today remind me of why I love my job so much.
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