BofA Short Sale Experience?

[SD Transplant]

I’ve made an offer on a short sale, and I’m wondering if anyone has any current/recent experience with short sales handled by BoA.

Note: The listing agent tells me that a negotiator is will be working on behalf of BoA for this listing.

My question: What’s the typical amount of time to wait for feedback on a BoA short sale?

[sdrealtor]

It depends upon alot of factors like was it originally a CW, BOA, Greenpoint etc loan. 1st or 2nd? Refi’d or not? Who the investor is?

Find out when the BPO gets done. Thats a sign things are moving. Ultimately it depends upon whether the listing agent knows what they are doing and most dont. Hope this one does for your sake.

[sdrealtor]

It depends upon alot of factors like was it originally a CW, BOA, Greenpoint etc loan. 1st or 2nd? Refi’d or not? Who the investor is?

Find out when the BPO gets done. Thats a sign things are moving. Ultimately it depends upon whether the listing agent knows what they are doing and most dont. Hope this one does for your sake.

[sdrealtor]

It depends upon alot of factors like was it originally a CW, BOA, Greenpoint etc loan. 1st or 2nd? Refi’d or not? Who the investor is?

Find out when the BPO gets done. Thats a sign things are moving. Ultimately it depends upon whether the listing agent knows what they are doing and most dont. Hope this one does for your sake.

[sdrealtor]

It depends upon alot of factors like was it originally a CW, BOA, Greenpoint etc loan. 1st or 2nd? Refi’d or not? Who the investor is?

Find out when the BPO gets done. Thats a sign things are moving. Ultimately it depends upon whether the listing agent knows what they are doing and most dont. Hope this one does for your sake.

[sdrealtor]

It depends upon alot of factors like was it originally a CW, BOA, Greenpoint etc loan. 1st or 2nd? Refi’d or not? Who the investor is?

Find out when the BPO gets done. Thats a sign things are moving. Ultimately it depends upon whether the listing agent knows what they are doing and most dont. Hope this one does for your sake.

[fun4vnay2]

Just curious, you offer the asking price or less than that ?
thanks

[fun4vnay2]

Just curious, you offer the asking price or less than that ?
thanks

[fun4vnay2]

Just curious, you offer the asking price or less than that ?
thanks

[fun4vnay2]

Just curious, you offer the asking price or less than that ?
thanks

[fun4vnay2]

Just curious, you offer the asking price or less than that ?
thanks

[SD Transplant]

thanks for the extra notes sdr (I know the 1st and all refis were all done via BoA…..so 1 lender to work with). I’ve been told tonight it might be 3 months, so I’ll keep hunting.

dd123,

I didn’t offer the asking price, but I had resonable analysis/comps to back up my offer + a list of house dislikes. Furthermore, it’s in my DNA not to give someone what is asked (professional habit). Having said all that, it is a decent offer + I’m qualified.

[SD Transplant]

thanks for the extra notes sdr (I know the 1st and all refis were all done via BoA…..so 1 lender to work with). I’ve been told tonight it might be 3 months, so I’ll keep hunting.

dd123,

I didn’t offer the asking price, but I had resonable analysis/comps to back up my offer + a list of house dislikes. Furthermore, it’s in my DNA not to give someone what is asked (professional habit). Having said all that, it is a decent offer + I’m qualified.

[SD Transplant]

thanks for the extra notes sdr (I know the 1st and all refis were all done via BoA…..so 1 lender to work with). I’ve been told tonight it might be 3 months, so I’ll keep hunting.

dd123,

I didn’t offer the asking price, but I had resonable analysis/comps to back up my offer + a list of house dislikes. Furthermore, it’s in my DNA not to give someone what is asked (professional habit). Having said all that, it is a decent offer + I’m qualified.

[SD Transplant]

thanks for the extra notes sdr (I know the 1st and all refis were all done via BoA…..so 1 lender to work with). I’ve been told tonight it might be 3 months, so I’ll keep hunting.

dd123,

I didn’t offer the asking price, but I had resonable analysis/comps to back up my offer + a list of house dislikes. Furthermore, it’s in my DNA not to give someone what is asked (professional habit). Having said all that, it is a decent offer + I’m qualified.

[Author]

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