BANK OF AMERICA SHORT SALE UPDATE By Jeff Cameron for Phoenix Scottsdale.
I met with executives from Bank of America recently. They were here in the valley meeting with top Short Sale Realtors. They wanted to send this message. “We know you think we are the worst bank for Short Sales. We realized to get this done we needed to meet with Realtors and find out how we can work together better. We hired more Short Sale negotiators. Now each negotiator has about 70 files compared to 500- 700 they had last year. We have increased our communication. WE WANT TO DO SHORT SALES, BUT WILL NO LONGER BE EXTENDING FORECLOSURE DATES!”
It was a real good meeting. What people need to get out of this is:
1. Don’t wait to start the Short Sale process, they will foreclose on you.
2. Bank of America is more willing to help and accept a short sale in today’s world.
3. Do a Short Sale, rather than getting a foreclosure, but only after seeking legal and tax advise.
We are here to help. We can refer you to legitimate legal and tax advisers. We are very successful with our Short Sales and we know what we are doing!
Call The Cameron Team NOW 480-502-7699!
480-652-2004