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Why Does Bank of America Have Such a Bad Reputation On Short Sales? I Am Dislike Bank of America Because: 1. Bank of
America often pays a pathetically low 4-5% commission on a short sale,
when they take twice as much work as a normal sale.
2. Buyers can't get an answer on their
offer in a reasonable time, thereby causing more and more of them to
give up on buying short sales. Sometimes I feel like the banks could
care less about the buyers and treat them like dirt.
3. Customers
trying Loan Modifications with a large bank said their documents
were automatically deleted every 30 days and they had to re-submit
all of their Loan Modification Paperwork for approval. 4. Bank of
America turns down short sale files with good offers because one
single document is needed. 5. Bank of
America requires agents to completely resubmit the entire file if a
buyer who waited 75 days gets impatient and cancels their contract. 6. Bank of
America would rather foreclose on a house and destroy a home
seller's credit than hire on more staff to properly handle the short
sale negotiations. 7. Ken Lewis
lied to stockholders about Merrill Lynch employee bonuses. 8. Bank of
America's constant rejection of short sales without the proper
review process causes harm to buyers, home sellers, and real estate
agents. 9. Despite
the destruction of Bank of America's finances, Ken Lewis still gets
to walk away with a $71 Million Dollar Retirement Pay Package.
If you're interested in helping us "Change the System, Starting With Bank of America", then enter your name and e-mail address to the right. You can help do your part to get the message across to Bank of America and their CEO, Ken Lewis. Real Estate Agents are sick and tired of being treated like dirt on Bank of America Short Sales. I know that I am!
Real Estate Agents are one of their biggest customers! Why are we sending our business to them when they treat us like dirt on short sales? Simply enter your name and email address to the right...
Talk soon, Ben Curry
P.S. Are you sick and tired of Ken Lewis and the other Fat Cats thumbing their nose down at us from their Ivory Towers, thinking we don't matter to them? You can play a part whether you want to get involved publicly or not. Do your part and help us to get the message out. |
Join the movement! Help us get Bank of America to do the following:
1. List homes at FMV value and then drop prices slowly. 2. Give buyers an answer on their offer within 3 business days. 3. Allow sellers to move on with their lives without a huge debt. 4. Pay agents 6% commissions on any and all short sales. 5. Assign a negotiator within a week of when a property is listed. Then, order 2 BPOs to determine the listing price. 6. Stop asking for the seller's docs once the foreclosure process has started. What are the banks going to do once they foreclose? Duh! List the property for sale! Will they be asking the sellers for docs at that time? Then why ask for them now? 7. Pay the listing agent $1,000 for collecting all of the "docs."
Just enter your name and primary email address - then click the "Send" Button to join our movement. (Use the info when returning. All information is kept 100% confidential.) Then, allow the next page a few seconds to load...
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