46 Days For Full Short Sale Approval !!!

I'm now a HUGE fan of the new Equator System Bank of America is using now for most short sales. They made our Easter weekend by e-mailing a full approval letter for 1 of our short sale listings today. 1 loan with Bank of America and a full deficiency release for the seller. Here are the facts of this deal- 29 days for the first counter to come through, then 2 counters back and forth and full approval letter on day 46 !! WOW. In the past we have been 6 months to get an approval letter, way to stream line the process BofA !! If you are a seller in the Reno/Sparks Nevada area and you are considering a short sale, don't wait, call us today ! Maybe all the other lenders will follow BofA'S lead and get this back log of short sales approved so we can return to a healthy market.