Bank of America announces that Foreclosures are back on

Bank of America today announced that the freeze on mortgage foreclosures in the 23 states that have Judicial foreclosure is lifted. That includes here in Florida. Over 100,000 new foreclosure filings will take place next week. This was probably expedited to get nervous stock holders more comfortable. Since many investors have worried that a protracted… Read More

Understanding HAFA when you are doing a short sale

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Download now or preview on posterous HAFA.pdf (3111 KB) There has been a lot of issues in the past few weeks with Bank of America and Wells Fargo with regards to complying with HAFA. I have had to actually start over a short sale that was in process on a Bradenton home that Wells Fargo… Read More

Are you curious what Bank of America thinks your home’s worth?

This entry discovered a great site that Bank of America uses to evaluate home value. If you ever wondered what Bank of America thinks your home is worth, you can just type in the address and there you go! It's surprising why they need to do so many appraisals and BPOs on their short sales when they… Read More

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