User:ShaeBrett245

There happen to be a lot of rumors that Bank of America is difficult that would function with when it comes in order to short sale. Some of us have extensive experience dealing with Bank of America and even some of us can certainly honestly say they've come a long way. Within 2009, they were antiquated and also unorganized dealing with all the short sale task. Lately they migrated within the old fashion techniques of fax and even paper to be able to the actual electronic online method. Contrary that would the particular horror stories we've heard from other agents and homeowners, our experience was plus has been truly positive. Uploading all the the files our Bank of America negotiator requested goes a lot smoother via their on the net portal. The actual a large number of cumbersome part is actually usually collecting the particular documents and in addition waiting for document collection agent that would analyze docs. Luckily, the document collection reps are generally for the particular most part more worried with the clarity and also structure of copies than anything else. On a bunch of properties the actual asset manager did come back with a counter offer and other people certainly not. We've heard that they constantly do, but we all would furthermore like to dispel that rumor. When the actual Asset manager did counter our highest provide, they were usually quick in order to respond, and in addition it wasn't long before we had a created short sale approval with regard to hand. The closing agents with Bank of America tend to be generally additionally very helpful. In case needed, a additional couple of days in order to close escrow typically is usually granted extremely conveniently from this particular closing agent. Today the particular closing agents usually call that would check with regard to on details. They usually are at this point plainly directed from upper management to expedite the short sale task. Just what impresses us a large number of was just how quick in order to respond just about everyone was on their end. At this point some of us do would like to point out that some of us come with extensive experience dealing with Bank of America not to mention with the whole short sale procedure on the whole. Those agents which venture into the particular realm of short sale usually find which it redefines their whole job description as well as can conveniently fall victim in order to the task. Nevertheless even and so, the particular reputation that they "takes forever" not to mention typically is "difficult to function with" is actually something which hasn't rung true for us, based found on the numerous lucrative closings we've experienced from 2010 to the present. From list date that would closing, the entire Bank of America short sale procedure took regarding 4 months. From date of submission in order to created approval, it took with regards to 2 months. Some of us kept all the people engaged (seller, buyer's agent, buyer) with weekly updates via email. Throughout the whole process keeps the status with updates up to the actual minute with all the on the net portal. They equally let you that would utilize the portal for seconds and in addition HELOCs, streamlining the actual entire short sale procedure. Several of previous customers could attest, it really is typically a smooth and even painless process. For more information on Short sale, refer 物件