Tuesday, February 14, 2012 / by Lynn Horner Baker
North Metro Atlanta In 2010, an agent I know talked to the person at Bank of America in charge of the Loss Mitigation Department.
He was the top manager in the department that handles short sales, loan modifications, and foreclosures. He contacted this agent because agents were banding together to educate the public on the mistakes he thought that Bank of America was making.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
Today, almost 2 years later, Bank of America is starting to make a few, small changes to the short sale process. This agent recommended small changes to how Bank of America handled the short sale process.
He recommended several changes that would be easy to implement. But, it still took almost 2 years for them to implement those small changes. Why?
We think it was because Bank of America has been in crisis mode since the beginning of 2009. It's hard to make proactive changes when you are putting out fires every day.
Will Bank of America ever recover? Will the ever fix the processes they use to handle loan modifications and short sales?
Well, at the slow rate they are going it will be a while before we see any progress. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an e-mail at Lynn@HornerBakerPartners.com. I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at 770 579-4060
Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.
Thinking about a loan modification? Our North Metro Atlanta loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.
Thanks for reading this, Lynn Horner Baker.
lynn is a Real Estate Agent and owner of Horner Baker Partners. North Metro Atlanta Short Sales Realtor:
Phone: 770 579-4060. Lynn@HornerBakerPartners.com.
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