Bank of America Short Sale Success

Another successfully closed Bank of America Short Sale.  This one took just as long to get an approval as BOA usually does in Florida, close to 90 days.

BOA has been notorious for changing their short sale process a couple times a year, which automatically lengthens the timeline if you have a short sale currently in process (which we always have a slew of BOA short sales).

The previous owners to this Jacksonville home were savvy sellers.  They took the advise of their REALTOR, me, and their short sale attorney, and they continued paying their HOA fees.  Delinquent home owners association fees continue to be a huge problem in short sales as the fees have to be short payed or paid in full in order for the association to cooperate with the sale.....which they have to do if you want the sale to go through.

Congrats to the new home owners!  They got a great house at a great bargain.

Posted by Brad Officer on
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