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Right now there happen to be a lot of rumors which Bank of America is actually complex in order to work with when it comes in order to short sale. You come with extensive experience dealing with Bank of America and in addition we may honestly say they've come a long technique. With regard to 2009, they were antiquated and in addition unorganized dealing with all the short sale procedure. Recently they migrated within the old fashion techniques of fax and in addition paper to the particular electronic on the net technique. Contrary that would the actual horror stories we've heard from different agents as well as homeowners, our experience was and in addition has been especially positive. Uploading all the the particular files our Bank of America negotiator requested goes a lot smoother via their online portal. The particular the majority of cumbersome part typically is usually collecting the actual documents as well as waiting for document collection agent that would analyze docs. Luckily, the particular document collection reps usually are for the particular a large number of part more worried with the clarity and format of copies than anything else. On a few of the properties the particular asset manager did come back with a counter offer and also other individuals not. We've heard which they constantly do, however we might equally like that would dispel which rumor. When the actual Asset manager did counter our highest provide, they were typically rapid in order to respond, and in addition it wasn't long prior to you had a written short sale approval within hand. The closing agents with Bank of America are often as well especially helpful. If needed, an extra couple of days to close escrow typically is commonly granted truly conveniently from this particular closing agent. At this point the particular closing agents typically contact to check in on elements. They happen to be at this point clearly guided from upper management in order to expedite the short sale procedure. Exactly what impresses us most was actually exactly how quick that would respond just about everyone was actually on their end. At present we do would like to point out which you come with extensive experience dealing with Bank of America not to mention with all the whole short sale procedure in most cases. All those agents which venture into the realm of short sale usually discover that it redefines their whole job description not to mention might easily fall victim that would the particular procedure. But even and so, the reputation that they "takes forever" plus is actually "difficult to work with" is something that hasn't rung true for us, based found on the countless successful closings we've experienced from 2010 to the present. From list date that would closing, the entire Bank of America short sale procedure took with regards to 4 months. From date of submission that would created approval, it took with regards to 2 months. We kept everyone engaged (seller, buyer's agent, buyer) with weekly updates via email. Throughout the entire task keeps the actual status with updates up to the minute with the online portal. They also let we in order to utilize the particular portal for seconds and even HELOCs, streamlining the entire short sale process. Countless of previous clients may attest, it's typically a smooth not to mention painless process. For more info on Short sale, refer 家 売却