B of A Short Sales:Bait & Switch or Incompetent?

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Uploaded by on Mar 24, 2010

This weeks Preforeclosure Daily Grind is about the latest shenanigans that Bank of Americas short sale department pulled. Their Equator System has been the right move for their over worked loss mitigators but their practices havent! And a HSBC update..

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  • so what to do in that situation? just resubmit as start this offer all over again? will you be able to take back your deposit if you deny their counter offer?

  • @BENITEZ1211 Lawyer up?

  • Hi Guys, I watch your videos everytime. I wanted to tell you about my experience with Bank of America. Today I found out that Bank of America forclosed on one of the properties i am working on evendough they had approved the short sale. The sale was approved on April 26, 2010 and was supposed to close on June 6, 2010. I contacted bank of america and they informed me that it was an error they had made because the investor did not approve for the sale to be postponed. Any advice? Thank you.

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