There Are Three Totally Different Methods To Accomplish A Short Sale With Bank Of America
Posted on January 16th, 2012
Hello, I am Mark Peek with Keller Williams Real Estate, California’s premiere short sale specialists. I need to talk to you today about Bank of America. Lots of people think that doing a short sale with Bank of America is an uphill battle. I’ll tell you that I’ve closed a number of short sales with Bank of America and lots of people do not know there are literally three other ways to close a short sale with Bank of America.
There is a traditional short sale, a cooperative short sale and a HAFA short sale. The cooperative short sale and the HAFA short sale are literally providing incentives to vacate and complete a short sale with them. Usually they are providing $three,000 of relocation assistance. Nonetheless, what they aren’t telling you with these applications is they solely offer you 4 months to market this property at their value. If that value does not work, they force you to do one thing known as a deed in lieu of foreclosure. A deed in lieu of foreclosures is essentially the same on your record as having a foreclosure. It’s a voluntary foreclosure.
So, in case you have a short sale with Bank of America, earlier than you determine to move ahead with that, you positively need to give me a call. There is positively a better option to go about completing a short sale with Bank of America that won’t give the bank as much power and can will let you close the short sale successfully.
Again, Mark Peek with Keller Williams Real Estate, California’s premiere short sale specialists. Contact me right now so I can answer any questions you might have. Thank you.
For more information on short sales and how to avoid foreclosure, visit the Short Sale Specialist blog or you can also contact the Mark Peek team and get started today.
Filed under 4 Months, Applications, Bank America, Blog, Contact, Deed In Lieu of Foreclosure, Hello, How To Avoid Foreclosure, Incentives, Keller Williams Real Estate, Mark Keller, Peek, Premiere, Real Estate California, Relocation Assistance, Uphill Battle, Williams Real Estate, bank of america, deed in lieu, foreclosure, foreclosures, short sale |
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