West Sacramento Short Sale Agent, Default Advocate, Distressed Property Expert and West Sacramento Short Sale Specialist Mike Rigley here
bringing you the latest West Sacramento Short Sale Information. Thank you
for joining us.
Bank of America Short Sales with Dignified
Transition Solutions – can you say “what a knarled up mess?” With Bank of America reducing their payrolls
through job layoffs we are seeing more and more Bank of America Short Sale negotiations
going to third party negotiators like Dignified Transition Solutions or DTS for
short.
We just received an
approval from Bank of America through DTS that took almost
120 days. Our average with Bank of America Short Sales when dealing
directly with Bank of America Short Sale personnel
directly is about 48 days. We had to escalate this file no less than 8 times to Bank of America Short Sale senior management
just to keep the file on track. Heck, it even took an escalation to get the
approval letter because the DTS agent told us on a Friday we were approved but
did not submit the final paper work to Bank of America for final review for
another 10 days. Unreal.
Fortunately the first
and the second were both with Bank of America so the delay did not mess us
up with the other lender and at the end of the day, while it took nearly 3
times longer than average we still got the approval, the seller walks away from
$250,000 in debt and the new owners are pleased as punch. All’s well that ends
well!
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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