I am fortunate to have been in the real estate business long enough that I’ve seen Bank of America come through an incredible evolution in the way they handle short sale transactions. Completing a short sale with them used to not be so pleasant, but now it’s much better thanks to them streamlining their processes and improving their employee training. The entire process as a whole, from the communication to the turnaround time has drastically improved in the past few years. Through this time, and because I’ve been working with them for so long, we’ve actually developed some incredibly strong relationships at Bank of America. Also because of this, we have a large amount of resources available to us to help with this type of transaction; we have a really good working relationship with Bank of America along with several different points of contact to reach out to should issues arise with your transaction.
If you have a loan with Bank of America, whether it’s Freddie Mac, Fannie Mae, VA, FHA, and you’re finding yourself in a position where you can’t stay in your home please reach out to us. We can help you determine what the best solution for your situation is, whether it’s a short sale, deed-in-lieu or another alternative. We can educate you on the different processes so that you understand exactly what each one entails and how they benefit your situation. Don’t just sit back and do nothing because before you know it, the bank will be foreclosing on your home. Take action today and contact us to get help with your mortgage crisis. I’d also like to encourage you to browse our website further for additional information. On there you can find a number of different resources to answer your basic questions about short sales.