My sellers and myself were so excited this week to learn that their short sale was approved (2 liens both with BOA). Before we even got a chance to say "Woo Hoo!" my sellers received another notice from a different division within BOA that their 2nd lien was being transferred to a different serv
...
10/21/2011
I recently attended a class on FHA Financing and found that "Only One FHA Loan at a Time Please" is not alwasy the case, so thought I would share my new bit of knowlege with you. FHA loans are only for owner occupants and not for investors and most of the time only limited to a single loan at a t
...
10/16/2011
I was just recenty informed that Bank of America Mortgage Lenders were pulling out of Colorado soon and going to Utah. Last I heard they were opening multiple facilities in the Denver Metro Area. My how things change ever so quickly. Have we hit bottom yet and is the real estate market stabili
...
10/14/2011
I am very impressed with how quickly Bank of America is processing a current short sale which I have listed. My sellers just accepted an offer 11 days ago, and all documents have already been given to BOA, the valuation has been completed, and we are now waiting for a response from Bank of Ameri
...
10/06/2011