Bank of America Short Sale Process Update – 2013

Bank of America Short Sale Process Update in 2013

Over the years, the Bank of America Short Sale process has gone through many changes.  From being one of the worst in the industry to being one of the better ones.  They’ve added equator, added twitter support and now they’ve added Dignified Transition Solutions as an outsourcer.  In addition, they are now also trying to interfere with our listing process, telling us to list properties as ACTIVE that are clearly under contract.    Too good to be true would be what could be said about Bank of America Short Sales.  Often they take around 90 days from start to approval letter if everything is followed, sometimes it is much faster and other times it’s not.  The only thing that can be said about Bank of America Short Sale processes is that they are only a servicer most of the time, not the actual investor.

 

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