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Wednesday, January 30, 2013

Bank of America Cooperative Short Sale for 2013

2013 Bank of America Cooperative Short Sale Program

by Sidney Kutchuk

Changes to the Bank of America Cooperative Short Sale Program
for 2013.

Temecula Short Sale Agent

Temecula Short Sale Agent

The Bank of America Cooperative Short Sale Program may be able to help Temecula homeowners complete a short sale if they owe more on their mortgage than their Temecula house is worth and do not qualify for the Home Affordable Foreclosure Alternatives (HAFA) short sale program. This short sale program can streamline the approval process and offers financial assistance to help homeowners with relocation and moving expenses.

As of January 15, 2013, there will no longer be a temporary foreclosure hold during the Cooperative Short Sale property marketing phase. Bank of America may begin or continue the foreclosure process up until a submitted offer to purchase the property is approved by all relevant parties.  Any existing Temecula short sales in progress will not be impacted by these changes. Call aTemecula short sale agent for more info 951-217-5745

Sidney Kutchuk | January 30, 2013 at 8:39 pm | Categories: Temecula Short Sale Agents | URL: http://wp.me/p24A2i-dE

Posted via email from Temecula Short Sale Specialist