"yes you are right, I would say the negotiator needed to be fired but I guess I have to deal with her until day 31 passes. unfortunately, when you have 10-20 short sales going at once, it is hard to tell who is how many days late. Things change all…"
"You're right but the problem is I'm in the deep water so to speak and the listing agent seems to be apprehensive about ruffling the faethers of the negotiator. My advice to her is if we don't shake things up the buyer is…"
"Sorry Kim, It is upsetting when you are ready and able to close and you have something like this come up.
I have found BofA to be one of the easier banks when they have control of the Investor's guidelines. Meaning they have a lot of…"
"Thanks for the advice. I can see why so many of my contemporaries shy away from these transactions. BTW is there any way for me as the buyer's agent to contact the negotiator and get a reasonable answer w/o blowing the deal…"
"Blame the negotiator, not the whole bank! I have found BofA to be the easiest of all the banks to deal with in short sales! I got a final approval on one yesterday - a mere 25 days after submitting all the docs! There was a first AND a…"
"Hi - unfortuantely, you cannot ever depend on the bank employees to understand the rules and communicate them to you. You have to study the programs and understand the rules for your clients. FHA Pre-Foreclosure Sale guidelines clearly outline…"
"I was just told about using a forensic audit to stop the foreclosure process. You ask for a QWR (qualified written response) where they have to produce the original loan app, as well as original paperwork associated with the loan. I'm about to…"
Do you have any experience in Commercial Real Estate? If so, do you have the CCIM or any commercial designations? How many commercial transactions and dollar volume have you CLOSED?
partner closed approx 60-70 transactions 30 million approx. Brokerage is also a licensed auction house.
About Me/Profile of yourself: - Please add your Brokerage Company name also!
12+ years in all aspects of real estate including: traditional real estate, property management, short sales, foreclosures, sales management, business brokerage etc.
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May 14, 2010
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