After attending a recent seminar given by Bank of America, I must say I was impressed. They are certainly a major player when it comes to foreclosures and short sales. Bank of America has decided to take a look at how short sales were being processed and have made a lot of positive changes that will benefit the consumer; one being, their goal is to process a short sale within 30 days. This goal is to be implemented by the end of the year.
Talk of "other" incentives for the consumer were mentioned but not clarified, so I will keep you posted on that. All in all, they seem to be making positive changes and are certainly trying to be the "good guy" after all the bad publicity they have received in the past.
Contributed by:
Jeanine Corcoran, CDPE
Coldwell Banker Ackley Reatly
www.FLshortsalePros.com
407-922-3308
