Bank of America changes Short Sale approval Verbiage!

By
Managing Real Estate Broker with Property Management & Sales at REALTY WORKS TEMECULA, CA 92590 (951) 217-6745 01233850

Bank of America changes Short Sale approval Verbiage!
After 3 tries I finally get Short Sale Approval for my client, but there is the normal
deficiency clause in it. My client is upset and will not sign it. I tell him this verbiage is
standard and as his home is in Calif  & his loan is purchase money the bank can not go after him.
Still, he is very uncomfortable and asks that we ask to have the verbiage deleted. I have tried this
before with no luck. I give the seller the direct email to the team leader at Bank of America and I
message the team leader and negotiator via the Equator & Voila! See the result below.Short Sale Approval Letter

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Adam Kutchuk Murrieta 05/03/2010 04:50 PM
Topic:
ActiveRain Community
Location:
California Riverside County Temecula
Groups:
Short Sales Specialists
Short Sale REALTORS®
Tags:
bank of america approval letter
by sidney kutchuk temecula murrieta short sale specialist

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