Coffee Talk: Bank of America needs to change this short sale policy

Bank of America short sale process has a flaw

East Valley Team member Dean Ouellette talks about a policy Bank of America has that needs to be changed. .

Bank of America has come a long ways in their short sale process and is now more often than not a great bank to work with. One problem they have though is rejecting short sale offers because a conventional finance buyer wants closing costs. While they may approve that same offer for an FHA buyer, they will reject those costs for the conventional buyer even though the dollars in their pocket is the same.

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  1. [...] on September 16th, 2010 in Deedstreet News | No Comments » EAST VALLEY, AZ Coffee Talk: Bank of America needs to change this short sale policy ast Valley Team member Dean Ouellette talks about a policy Bank of America has that needs to be [...]

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