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Thursday, May 23, 2013

West Sacramento Short Sale Information – Bank of America Short Sales



Bank of America Short sales. Love ‘em or hate ‘em, if you are going to have success in West Sacramento Short Sales you are going to have to learn to work with them. It’s funny (peculiar not ha-ha). We can click right along with never an issue on a Bank of America Short Sale for months without a problem and then all of a sudden every file is a dog fight. Unfortunately we are in the Bank of America Short Sale dog fight mode. We have several files that for whatever reason seem to get hung up or stalled at every turn. We have some very helpful contacts at Bank of America Short Sale Department that we go to when there is a problem file. For the longest time we had no reason to bother them and then this week we had to reach out three separate times.

Fortunately for us our Bank of America Short Sale escalation contacts know we don’t cry wolf and each time we have reached out within hours the file is miraculously back on track or the Bank of America Short Sale negotiator is calling us with an update. The funny thing is, if the Bank of America Short Sale negotiator was doing their job in the first place I would not have had to escalate the file. Go figure.

The real issue is I suspect the problem is going to get worse before it gets better. Why? Because the Mortgage Debt Forgiveness Relief Act expires at the end of this year and Bank of America Short Sale volume should go up the closer we get to the end of the year. We certainly don’t expect Bank of America to gear up for the onslaught – that would require forward thinking on the part of senior management.

The moral of the story is if you are considering a Bank of America Short Sale or any West Sacramento Short Sale for that matter you can’t start early enough to ensure getting the file closed before the end of this calendar year.

Is a West Sacramento Short Sale Right for Me? Give me a call and let’s find out. We also offer a short sale lease back program for those who qualify allowing you to short sale and stay in your home. Call me for details

To get a better idea of when your West Sacramento home will be worth what you owe, log in to www.shortsaleandloanmod.info for a free estimate or call me today for a free no obligation consultation or for the latest West Sacramento short sale information. Call me today and sleep better tonight; you’ll be glad you did.


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