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I had my first offer in 11/11, submitted to BofA and it took them until 1/19/12 just to acknowledge they received anything. The first offer was processed, but the approved sale price was higher than the offer. The buyer didn't agree, so the house went back on the market.
On the first day back on the market we received an all cash offer for $10,000 above the approved price. This was all submitted on March 13th. There has been no activity from BofA. My realtor has been in contact with them multiple times, but we are both getting the blow off.
Is there anything I can do to motivate BofA to get this deal done? I want the house out of my name, and I don't want to lose another buyer!!
I had my first offer in 11/11, submitted to BofA and it took them until 1/19/12 just to acknowledge they received anything. The first offer was processed, but the approved sale price was higher than the offer. The buyer didn't agree, so the house went back on the market.
On the first day back on the market we received an all cash offer for $10,000 above the approved price. This was all submitted on March 13th. There has been no activity from BofA. My realtor has been in contact with them multiple times, but we are both getting the blow off.
Is there anything I can do to motivate BofA to get this deal done? I want the house out of my name, and I don't want to lose another buyer!!
Yes, an unfortunate massive income loss and forced relocation dictated that. Last payment was 4/2011 after BofA refused to accept HAMP paperwork. They said I was denied prior to me ever submitting any documentation.
Quote:
Originally Posted by 2bindenver
Who is the investor? They can't really blow you off, you are the customer.
Did your agent upload all the assigned docs to equator? Or fax them, if you have an FHA loan?
It is FHA and the latest documentation was submitted to BofA on 3/13/12. I'm not sure what method of transmittal was used.
We are well beyond modification, but it was our first go to when times got rough.
The preforeclosure sale program and a hardship letter have long been submitted, accepted and we have HUD's minimum sale price approval. The latest offer that was submitted is for $10,000 over that price, that was submitted 3/13. Now I just need BofA to process the sale! They have not responded since 3/13. How to I light a fire under their behinds??
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