Monday, April 5, 2010

Is this a Bank of America Short Sale? Or a BLOODY nightmare?




Is this a Bank of America Short Sale? Or a BLOODY nightmare?
Someone has to do something about some of these Lenders that have no clue how to get a home sold!!!
And, that someone will be me! I am on month number 9 with B of A, and a first time buyer...the poor soul. They first appraised the wrong house...how the heck does that happen? Then they went ahead and approved the HUD statement...eventhough, they had foreclosed on the home 2 weeks Prior! Guess what? They didn't even know they had foreclosed on the property, and told Title they were wrong-and held to that stance even when Title showed them the County records reporting on the Property. Let's not mention-that it took them 3 months to figure out they appraised the wrong house...but, what does that matter-now that they foreclosed anyway? Why must we Realtors adhere to specific timelines, rules and regulations-and the Banks not have to do the same? It is time to write our Legislators as Consumers as well as practitioners in the business-we need to protect our clients' best interests'! AND, stop working for FREE! Agreed?

Wendi-Mae Davis, CRS, GRI,
Broker Associate for Connect Realty,
Real estate Counselor-
Email wendimae@wendimae.com
Personal website: http://www.wendimae.com
or call us Toll Free 866-333-6333 We look forward to hearing from you!

1 comment:

Unknown said...

My longest BofA was 36 weeks - but we got the puppy closed! I am in a new one in the Equator system and although there was much hype about being the kinder softer BofA - I'm not feeling it!