BofA Short Sale - The Inside Scoop on Determing Foreclosure Date

If you have a Bank of America short sale, it is important that you call short sale support at 866-880-1232 even if you are working within Equator to make sure there is no sale date. A lot of agents are under the impression that if they have an active short sale within Equator, the property cannot go into foreclosure.

So when you call short sale support, the support representative has three sources to check on the foreclosure status:

1. Equator

2. Their Main system called "Homebase"

3. The foreclosure application called "LODI"

It is important that the support representative looks into LODI for the most accurate information on foreclosure dates and information (all communication regarding extending sale dates are in this system as well). I run into a lot of support representatives that only look into their main system for the answers.

Hopefully this information helps you get to the bottom of any foreclosure dates.

Shameless Plug:

If you are looking for a free short sale negotiation service in California, please feel free to contact me. We never touch real estate commissions and we'll go the distance to make sure your deal gets approved.