May 2010 Blog Posts (22)

Just closed BofA short sale that had gotten lost on Equator....

This past week put to rest a short sale that was lost on Equator , had to bring BofA office of the president in and was still sent to trustee sale in March, fortunately postponed at last minute, re instated purchase offer

and finally closed last week.

This one started in early december.

I will say once I was able to get it to another negotiator BofA did work with us to move things along.

This was a short sale that had been tried a year or so earlier with another…


Added by Terry L. Osburn, SFR on May 3, 2010 at 1:50pm — No Comments

Help Please! Alternative RASS

Please Help if you can!

Can anyone clarify how exactly a seller (borrower) submits an Alternative RASS when the lender is part of the HAMP / HAFA program? Can the borrower use the template from and submit this to the the lender or does the lender have to provide the Alternative RASS to the borrower? How would you request this from the lender?

Also, does anyone know if there is a guide for timelines when submitting an Alternative RASS like there is with the HAFA SSA and… Continue

Added by Thomas F on May 1, 2010 at 7:44pm — 3 Comments

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