Bank of America's Equator Counter Offer Process

[Freeskies]

if you really understood the fraud of "lending" you would learn there is no "investor"..The Bank Never Loses..Why not find out What the HUD Guidelines are as the Banks need to Conform to the HUD Guidelines..you cant make the rules as you go

[AllianceShortSales]

@Freeskies HUD being synonymous with FHA does not apply in Equator files at this time. FHA is processed in a traditional manner and is not submitted through Equator. Therefore HUD guidelines do not matter for your Equator files. I'm not sure I understand the comment on investors but is sounds like you could just be angry at the banks. I get that.

[sammyjr12]

good video thank yuo so much, i have a counter offer now just going to take it to the next step.

[jofantioch]

If the buyer could only afford 255, then that's it. It doesn't matter how well you communicate. If they can't afford it, they can't afford it. Banks are insuring that they will have more toxic assets by these policies.

[vongtayvietnam]

Bank of America? The worst bank in the world. If you buy a house in short sale related to Bank of America, BoA will give you many days in nightmare. Do not waste your time with Bank of America. I wasted more than 100 days with BoA pending approval for a short sale.

[AllianceShortSales]

@vongtayvietnam  B of A is getting faster believe it or not. We are getting our counter offers or approvals in about 45 days from submission now. I am sorry your's took so long but it is getting better.