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Bank of America Short Sale stops HAFA end of 2012

HAFA Short Sale Program no longer available with Bank of America   The Home Affordable Foreclosure Alternative program, known as “HAFA” was incepted by Fannie Mae and Freddie Mac and adopted by many lenders, including Bank of America. However, after the last day of 2012, Bank of America will no longer use the HAFA program […]

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Bank of America Short Sale Now Allow E-Signatures

Electronic Signatures now allowed on most documents used in Preapproved Short Sale Process   Many Arizona short sale realtors get frustrated when trying to initiate a short sale with lenders and servicers who don’t accept “E-Signatures” (electronic signatures), a popular way of gathering verified signatures the last few years. It saves on time, gas, energy, […]

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Bank of America to offer Short Sale Auctions

Bank of America Short Sale department testing new Auction marketing   Auction.com and Bank of America are strategically partnering a try a new type of marketing to get short sales completed faster. The purpose would be to get a lot more activity in a short amount of time to complete more Bank of America short […]

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Bank of America Short Sale Process: Updates November 2012

Bank of America updates it’s short sale process by streamlining forms   New Uniform Borrower Assistance Form 710   Starting November 1st of 2012, the Uniform Borrower Assistance Form 710 will now go out with the foreclosure solicitation letter to all Fannie Mae, Freddie Mac, Deeds in Lieu of Foreclosure, and military short sale transactions. […]

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Bank of America Short Sale Program Updates

Arizona Short Sale Help for Bank of America Customers: Short Sale Relocation Assistance Program Updates   If you are facing foreclosure and need Arizona short sale help, you could receive $5,000 to $30,000 in relocation assistance.   That’s why Bank of America is excited to offer enhanced relocation assistance. Qualified homeowners who initiate a Preapproved […]

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