BofA completes more short sales than REO for last 18 months

Senate bill requires response to short sale requests within 75 days 7 days ago · Trump says he will confront Theresa May over Britain’s role in ‘spying’ on his campaign and ask AG Bill Barr to take his ‘investigate the investigators’ mandate global by looking at Australia and.

After dragging my short sale request out for almost ten months on a 3 family house, and after telling me they were going to order an appraisal they rejected my short sale request. The reason they gave me "Occupancy or Rented more than 18 months PFS/DIL requirement not met". Its a BS reason. I am fighting it through the executive escalation team.

And Bank of America. has more than doubled the number of short sales it processed. This is a huge change from even just six months ago when the short-sale market was stalled and most people.

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Short sale basics | Housing | Finance & Capital Markets | Khan Academy The Kristin Stampini Team, a real estate team that specializes in Short Sales in Palm Beach County and Broward County, has closed another real estate transaction. This time, The Kristin Stampini Team helped complete a short sale for a seller with a Bank of America and Green tree financial loan in Weston. Seller released of deficiency judgment.

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Short sales occur when the loan on a property is greater than what the property can be sold for. Learn about this real estate strategy and what is entailed by asking your questions here. Share on Facebook

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How buying a short sale/foreclosed home differs. Buying a home in short sale or foreclosure is similar to buying a traditional home, but there are differences: Sales can take months to complete. Foreclosures tend to be a little faster than short sales, but in both cases, the lender has to approve the sale.

Federal Housing administration(fha) short sale. call us. 800 669 6650. The house wasn’t purchased for rental or used as rental for more than 18-months. the sale of the property must close by the closing date in the short sale agreement. Bank of America reserves the right to change or alter.

HomeGain Releases 3rd Quarter 2011 National Home Values Survey Results.. Buyers who understand the market has changed in the last 18 months are more likely to make offers Sellers will accept. Buyers who low ball, especially short sales and REO, will lose.”. There are far more Short Sales than Foreclosures. Give me some balance!”

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Bank of America Short Sales. Below are all of the contact numbers needed to do a short sale with Bank of America.Visit www.short-sale-specialistsif you need to find an agent to help with your short sale.. 800-846-2222 General Info: 800-285-6000 Fax: 716-635-7255 Bank of America Short Sale Department: 866-880-1232