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Bank Associated With America Brief Sale Help
Listen. I understand Bank of America might be frustrating.
I've been forced to deal with all of them for many years.
We've negotiated along with B of a to get our clients loan Modifications, short payoffs and to finish a
short sale.
You've certainly heard the nightmares of dealing with Bank of America.
Homeowners doing work for MONTHS on a short purchase , only to have B of a foreclose.
Homeowners needing to send identical info to the bank over and over and also over and…
You obtain the idea.
So how have we had a huge amount of success where others failed ?
Well read below. We took the time to put all of our best B of a content in one location for you.
Getting began With bank of america Short Sales
Were you aware of what is necessary for a bank of america Hardship package ?
Bank of America short Sale Package
The hardship package with b of A resembles that of additional banks, although they do have a few of
their own documents.
Aside from the traditional documents, you have to sign b of A's own authorization Form as well as
have the purchasers sign a distinctive addendum towards the purchase agreement.
What types of a hardship will b of A take ?
Bank of America Hardship
Hardships are simple enough to define.
Do you owe more then your home is really worth ?
Have you ever experienced a loss of income ?
Has your family experienced the medical emergency of some kind ?
Are you currently unemployed ?
Have you been UNDER-employed?
Have your expenses elevated ?
If you answered indeed to any of these questions, there is a GREAT possibility of getting your deal
approved.
Did you know what the actual timeline is for the Bank of America short Sale procedure ?
Bank of America short Sale Process
B of A lately streamlined their approval procedure , making it easier then ever for getting your file
looked at and approved. Previously , it could go ahead and take bank months to examine the actual
file prior to they may ever send them back for authorization. Now, b of A is actually claiming in order
to get answers out inside 3 weeks.
Can you get paid to do a short sale along with Bank of America?
Bank of america Short purchase Incentive Programs
You can find a number of programs available to help borrowers actually GET PAID to complete a
short purchase. B of a has their traditional program (where you will not get paid), the actual HAFA
program (government backed program), and what they call their "cooperative Short purchase "
program. These programs can get you up to $3000 whenever your sale closes. real estate in costa rica