Carol Pease
  • Female
  • Leander, TX
  • United States
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Carol Pease's Discussions

Bank of America FHA Short sale problems and Changes!!!

Started this discussion. Last reply by Joe Beauchamp Nov 2, 2012. 24 Replies

I have been trying to get an FHA file open since June 21, 2012 when it was imaged into the Bank of America  system. For whatever reason I have not been able to get the file open even though they have…Continue

Tags: Pease, Carol, FHA, HUD, center

 

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Latest Activity

Joe Beauchamp replied to Carol Pease's discussion Bank of America FHA Short sale problems and Changes!!!
"First send your authorization to HUD, next day call them and explain about your deadlines. You can tweet to @BofA_HELP and maybe get them to get SS FHA off of their butts and out of the donut room, but don't count on it.  HUD DOES want to…"
Nov 2, 2012
Kelly Sutliff replied to Carol Pease's discussion Bank of America FHA Short sale problems and Changes!!!
"I totally understand, we are in our Phase 2 of negotiations, and we have received 3 full price offers on the house, all 3 are conventional loans, and 1 is preapproved through bank of america, and yet our negotiator has yet to accept an offer, all we…"
Nov 2, 2012
Paul Francis replied to Carol Pease's discussion Bank of America FHA Short sale problems and Changes!!!
"Nice to know I'm not the only one getting the run around by Bank of America on a FHA short sale. One of my files keeps getting switched around all over the place since April. Playing Musical "Stage 2 negotiators" I suppose... pass the…"
Aug 23, 2012
Carol Waldrop replied to Carol Pease's discussion Bank of America FHA Short sale problems and Changes!!!
"Bank of America has been an unbelievable nightmare getting an FHA PFS active. One case I'm working on now goes back to February when the seller went through the FHA "waterfall" and was closed out of Loan Mod. It finally comes to…"
Aug 23, 2012
Brenda Arvidson replied to Carol Pease's discussion Bank of America FHA Short sale problems and Changes!!!
"Bank of America FHA Escalation Specialist Tina Masters Tina.masters@bankofamerica.com, President of SS escalation is Breanne Francis Breanne.Francis@bankofamerica.com"
Aug 23, 2012
Evelyn Santiago replied to Carol Pease's discussion Bank of America FHA Short sale problems and Changes!!!
"Carol: I feel your pain!  I have 3 FHA short sales with BOA.  All 3 were submitted within days of each other in April.  1 is close to getting an approval letter, 1 just got the official Welcome Package and 1 we are still trying to…"
Aug 23, 2012
Joe Beauchamp replied to Carol Pease's discussion Bank of America FHA Short sale problems and Changes!!!
"There is a minor good side to this - BofA is starting to follow the FHA guidelines for starting a short sale. I've had files yanked and sent over to loan mod in the middle of a short sale because BofA didn't first check to see if the…"
Aug 22, 2012
Tammy L Dittman replied to Carol Pease's discussion Bank of America FHA Short sale problems and Changes!!!
"I just did this and will see what the outcome is. Thanks for the input and I love your description of the closer.    "
Aug 20, 2012
Joe Beauchamp replied to Carol Pease's discussion Bank of America FHA Short sale problems and Changes!!!
"I am used to the closing officer having brains at BofA - it has been a while since I had an issue with the final HUD-1 - which could be attributed to the closer being a pinhead. My guess is that you have been hit by summer vacation and BofA is both…"
Aug 20, 2012
Tammy L Dittman replied to Carol Pease's discussion Bank of America FHA Short sale problems and Changes!!!
"My problem is that BoA will not return phone calls and I've been waiting on the negotiator to sign off on the final HUD-1.  Buyer's and seller's have all signed but can't get the final HUD-1 approved.  "
Aug 20, 2012
Tammy Davis replied to Carol Pease's discussion Bank of America FHA Short sale problems and Changes!!!
"You're welcome :)    That's what I love about this forum...sharing invaluable information!!"
Aug 19, 2012
Lynn d' Lindsey replied to Carol Pease's discussion Bank of America FHA Short sale problems and Changes!!!
"Thank you Tammy!"
Aug 19, 2012
Tammy Davis replied to Carol Pease's discussion Bank of America FHA Short sale problems and Changes!!!
"Lynn....register at Twitter.com and contact BofA thru there....their customer service is very good and we call them "Twitter Angels". Update on my file...I got "contract approval" on 8/17"..it looks totally different that a…"
Aug 19, 2012
Larry Hollingsworth replied to Carol Pease's discussion Bank of America FHA Short sale problems and Changes!!!
"Good comments Joe! I know you said Equator and I know you know FHA is not on equator unless you have some news I/we don't have."
Aug 18, 2012
Larry Hollingsworth replied to Carol Pease's discussion Bank of America FHA Short sale problems and Changes!!!
"Carol, I feel your pain. I submitted loan mod papers in April. In June HO still had not heard and called His third CRM and requested to be moved to SS status. We listed began marketing, got an offer and sent total package with cover letter asking to…"
Aug 18, 2012
Lidia Vilaverde deCarvalho replied to Carol Pease's discussion Bank of America FHA Short sale problems and Changes!!!
"I've had the same problem here. I have had several SS's, one of which was 11 days away from closing.  I have worked hard for the past 2 to 3 years with people living for free, some times collecting rents to…"
Aug 17, 2012

Profile Information

Occupation
Realtor
Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
Williamson County, Texas including Leander, Cedar Park, Liberty Hill, Round Rock.
Website
http://carolpease.com
Short Sale Transactions Completed
25-50
About Me/Profile of yourself: - Please add your Brokerage Company name also!
Carol Pease, ABR, CRB, CRS, e-PRO, GRI, SFR
PLEASE READ THIS!!! - This site is primarily for Realtors, REAL buyers or sellers with questions are welcome to ask, anyone here for other purposes may be banned. 1. Because this site is primarily for agents agents, Any soliciting is pointless and is not allowed. Please do not sell or promote products or services in any way, directly or indirectly. Do not link or sneak in links promoting your services on comments, posts, discussions or blogs. You may have links on your profile pages to your websites as long as your are not selling things other than real estate! Again, absolutely no outgoing links to your websites, blogs or listings 2. Do not speak disparagingly about members on this site. This community is meant to be helpful, and we are here to help each other. 3. We reserve the right to delete content and/or ban members that violate these rules. 4. Member Name (Full Name Field) format must be FIRST NAME, then LAST NAME! Please no company names, DESIGNATIONS, or website in the name field! Please read the terms of service under the "home" tab! IF YOU AGREE TO THESE TERMS, PLEASE TYPE "I AGREE" IN THE BOX BELOW!! Thanks for your cooperation, and welcome to the Network!
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At 2:48pm on May 02, 2011, Mike Linkenauger gave Carol Pease a gift
At 1:14am on February 10, 2010, Mike Linkenauger said…
Hi there Carol! Just wanted to welcome you to our website! I look forward to your participation and shared experiences!!
 
 
 

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