Dawn Barrier REALTOR®, 's Blog,LAS VEGAS BLOG

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BANK OF AMERICA SHORT SALES TO GET DONE FASTER -LESS PAPERWORK?? CAN IT BE TRUE?

Thanks to Tim & Julie Harris for getting the information on this this program Bank of America is hopefully going to implement soon.  It is in the "testing" phase now.

This is what we all have been hounding the banks to do for a few years now.  This will be AWESOME!!

This program is being quietly introduced, using only a hand-selected group of top short sale agents across the country.

* Every short sale seller and agent will be assigned a personal advocate who will shepherd the short sale through, using the new, simple process.  Think of this as your own ‘short sale personal representative'.

* No pre-qualifying, no hardship required.  Being upside down in the house IS the hardship.

* No documentation.

* No bank statements.

* No tax returns.

* No financial worksheets.

* No deficiency judgement.

* No financial contribution from the seller of any kind will be requested.

* Only requirements?  -A listing contract -A purchase contract -An appraisal, though we've been told the appraisal will not have an adverse bearing on the final acceptance.

* 2 WEEK approvals.

Lets hope this becomes mainstream soon!! 

Go to Bank of America 'Secret' Short Sale Program BoA HPO Short Sale Program  to read more.

We do Bank of America Short Sales, Wells Fargo Short Sales, GMAC Short Sales and many more!

   SEARCH LAS VEGAS MLS                SHORT SALE Information for Sellers

If you would like me to list your home for sale, please call me at (702) 812-4550.

If you would like more information, pricing and pictures of homes for sale, just call or email me and I can email you the information to you.

Dawn Barrier SHORT SALE SPECIALIST  ,CSP® Las Vegas Short Sale Realtor®

Century 21 Realtor®               My website:  www.LasVegasDawn.com

I am a Las Vegas REALTOR® I specialize in residential real estate, single family homes, Short Sales, Preforeclosures in the Las Vegas area.

Blog Disclaimer-This is a personal blog. All information is provided for informational purposes only and is Not legal advice, consult an attorney or financial expert for legal advice. This is general information and is not intended to provide advice on any specific question or transaction. Parties to any real estate transaction should seek competent legal and/or tax counsel to determine the legal, credit and tax consequences of buying or selling a home.     Copyright © 2010, 2009 Dawn Barrier. All Rights Reserved. Any Stats are per the GLVAR MLS as of this writing.

Dawn Barrier at HOMESMART ENCORE Las Vegas, Nevada   

 

(702) 812-4550 

 

Las Vegas, Nevada   

January 2020

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Any Stats are on Resale Single Family homes only per the GLVAR MLS as of this writing or as noted,covers the Las Vegas Valley, North Las Vegas, Henderson area or as noted.

All photography on this site are the property of Dawn Barrer unless otherwise noted and are

protected by U.S. Copyright laws and are not allowed to be downloaded or reproduced in any

way without written permission of Dawn Barrier.If you would like permission to use a photo

please email Dawn     Important Notice -This is a personal blog.

 

HOMESMART ENCORE Las Vegas Dawn Barrier

(702) 812-4550

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Comments

This is great news.  We'll definitely see how it plays out! Here's the oxymoron of the day...Bank of America and 2-Week Approvals. :-)

Posted by Michael Spickes about 10 years ago

Yes!  I know I think the 2 week approvals may be a stretch, but maybe not on some!

They already are so much faster now on Equator, I just rec'd a Bank ofAamerica short sale approval this morning!

Posted by Dawn Barrier in Las Vegas at HOMESMART ENCORE, Homes in Las Vegas Nevada 702-812-4550 (HomeSmart Encore - Las Vegas) about 10 years ago

Sounds to good to be true! I guess any steps at this point will be forward since the Banks are so backwards as it is...

Thanks for the info!

Posted by Cody Steele (Steele Realty) about 10 years ago

There are some out there right now in this program, waiting to see if they close

Posted by Dawn Barrier in Las Vegas at HOMESMART ENCORE, Homes in Las Vegas Nevada 702-812-4550 (HomeSmart Encore - Las Vegas) about 10 years ago

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