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Countrywide/BAC short sale not going anywhere? Prequalify it!

At time it seems that short sale isn’t going anywhere. At times it could be a snafu on the servicing side or some missing items but sometimes it is because you may have missed a step that is not always necessary. We have done hundreds of short sale for our...

Bank of America(BAC): Foreclosure Net Proceeds; Forecast points to Death for your Deal

Really this rule works across the board for most lenders as they all generally forecast what they expect to receive from sending a home to foreclosure. An example of this is, a bank, prior to foreclosing has a “net” amount or “net proceeds”...