Just a quick note to say that if you are trying to do a short sale with Bank of America, you will need to have lots and lots of patience. Recently I’ve had the opportunity to attend a few short sale events and trainings for real estate agents. If there is a bank that has the absolute worst reputation amongst real estate agents, it’s Bank of America.
Generally speaking, most of us get little information and guidance from Bank of America and it can take months to move a short sale along.
I heard today that perhaps they were in the middle of reorganizing their short sale department. Perhaps it will get better, but for the past year, it’s been terrible dealing with them.