Bank of America's short sale equator

http://www.allianceshortsales.com/ Click Here to Visit our Website

Known to most real estate agents as REO Trans, the new Bank of America system Equator is in full swing.
Want to know the best part? We get to image our own files! That means, at the very least, Equator should eliminate the imaging time at the bank. (Imaging was taking a good two weeks or longer.)

In this weeks video, I'll let you in on something we spotted in the Equator system that, as far as we can tell, no one else has discovered. Basically, its a glitch in the system, which has been escalated to supervisor levels at Equator, itself.
The glitch involves BPOs too. SCARY!

It is a good thing our team does not like to take, No, for an answer.

Agents all over the country are throwing up their hands in frustration over the current state of Bank of Americas short sales--partly because those agents just dont have the time to dig deeply enough to find the type of solutions we are discovering.

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Category:

Education

Tags:

• shortsale strategy
• short sale training
• short sale education
• short sale
• offers
• excite price system
• bpo factor
• short sale approval
• short sale success
• real estate agents
• strategies
• short sale services
• realtors
• foreclosure
• short sale help
• short sale mentoring
• short sale coaching
• Keller Williams
• Exit Real estate
• ReMax
• Century 21
• Windermere
• Bank of America
• Chase
• Citi
• Well Fargo
• Midland
• Suntrust
• Countrywide
• Flagstar
• Aurora

[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.

[ClearShortSalesBoA]

Yeah, That's not how Equator works. I appreciate that you think that's how it works having worked with it from the outside. But we worked on the inside and what you are assuming Equator does or BoA negotiators tell you is not the case. Just hire us to take care of the negations with BoA for you. We get it done, faster and cheaper. We can guarantee 45 day or less on approvals because we know the system inside and out!

[AllianceShortSales]

@ClearShortSalesBoA Thanks for the thoughts. We are doing just fine with B of A and the process is much smoother now than it was when it was launched for short sales a year+ ago. We get most of our files with B of A done in 45 days or less as well. I am not sure how you can guarantee it however. When there are other parties that have to make a decision it can always take longer. Since you can not charge up front fees what is your guarantee?

[tha411now]

Anyone who buys this alliance short sale training info woud be out of your mind, and def do not listen to him. this is the most concentrating load of b.s i have ever heard, and trust me, I know short sale.

[AllianceShortSales]

@tha411now I have never had anyone who actually purchased our training and went through it call it a load of B. S. If anyone ever did think it was bad they can always send it back. We are so confident in our material that we offer a 6 month return policy. We want people to prove to themselves that it actually works in their business. There are not many trainers that will stand behind their product that firmly.

[Raguilsh]

I am a Buyer and currently 135 days into the short sale process. The Seller has two loans, one being from B of A and the other from a unknown lender. B of A has sent the Seller Agent their Equator agreeing to Sale Price, HAFA, and $4200-2nd Lender. There was changes to Termite and Home Warranty amount, and both parties agreed to terms. The changes were adjusted to the Equator and sent in immediately. They said they will answer in 48 hours. It's been 4 days added to the 48 hrs and no answer yet.

[businessesforsales]

great video. keep them coming.

[AllianceShortSales]

@32leerod Don't be offended. We don't have issues with Equator. This video was during your transition. There was a lot of confusion even at B of A when you were mid-transition. The main thing we don't like about Equator is that it has created a barrier between us and the negotiator. Talking on the phone with them was a helpful way to communicate. Thanks for taking agent calls all day. I am sure you are very helpful to newer agents.

[32leerod]

@AllianceShortSales all you guys are dumies!!! i get your phone calls allday and all of you think you got a problem with the ss you there is something as little as updateing the borrower contact info that holds ya back from continuing ss negotiator will not be asigned till all your task are to be complete there is 5 steps in our equator system 1) initiation 2)document collection 3)valuation 4)negotiation 5) closing you will not be contacted till maybe negotions thats if you get counterd

[bofalawsuit]

I HAVE HAD ENOUGH AND I AM FIGHTING BACK!

John Wright Vs. Bank of America

Please join my fight or show your support through your comments at United Law Group webpage

Divided we might have fell America. UNITED WE MUST STAND!