Posts tagged as:

Bank of America

Short Sale Bank Report

April 17, 2011

Bank of America Short Sale: Instituted a system called Equator to better handle the process.   It has!  They’ve gone from the worst to one of the best and to make it even better, BOA is often ordering a full appraisal on the property rather than hinging their entire valuation on a random Broker Price Opinion [...]

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Why Short Sales are Getting Faster in Jacksonville

April 15, 2011

Let’s be honest, short sales in Jacksonville are a part of our life and will be for some time to come.  Let’s also be honest about the process of selling or buying a short sale, it can be painful as you wait for months and months not knowing if the bank will accept the offer. [...]

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Loan Modification Denied? Short Sale your Jacksonville House

March 1, 2011

HAMP or Home Affordable Modification Program has been a complete failure.  Here are some of the more recent articles on the failures: Home Owners Protesting that it’s a SCAM Only 1 in 4 got mortgage relief And the most honest, realistic article of them all comes from Fox Business:  HAMP UPDATE:  Foreclosure More Likely Than [...]

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Bank of America HAFA Short Sales

June 4, 2010

Bank of America has been flooded with Short Sales.  They have been making large strides forward with helping to streamline the process.  One major move forward was the Equator system which allows for a more streamlined document uploading system.  It also allows homeowners, the agent, the attorney, and Bank of America stay on track with [...]

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Bank of America Short Sale

March 14, 2010

It’s been widely noted on this site and others that discuss short sales:  Bank of America has been one of the most painfully slow banks ever imagined when trying to complete a Short Sale. Bank of America Short Sales are starting to Speed Up! Bank of America introduced a new automated system that we use [...]

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