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Bank of America Short Sales - One of the Worst

Our buyers wanted a house in Spring Hill (Hernando County) and they are from New Jersey, so through an automatic e-mail, we notify them of homes coming on.

Although we are fully versed in short sales if a seller needs to list their home.  We are not big fans of short sales and always tell our buyers that.  However, there was a house that our buyer really wanted; they put in an offer and the listing agent didn't want to put it "active with contract" because he didn't want to take it off the MLS.  I still wonder about that.  However, he finally did on April 30th anticipating that we could close and my customer could get the tax credit.

Guess what?  Bank of America just notified us that they made a "mistake" in the system, have to cancel it and re-enter it.  So we have to start from scratch again.  It just doesn't seem right and they should be held accountable for their errors, but nobody is watching them.

Make sure you have a realtor that is familar with short sales (as we are); can tell you what might happen this way you are prepared.  Also, sellers need to be made aware of the process because it differs from bank to bank and again, make sure your realtor (like us) knows what they are doing.

Call on us at any time with any real estate questions.

If you are selling a home in Spring Hill, Weeki Wachee, Brooksville, Citrus or Pasco Counties, we are aggressive and have innovative marketing.  It is a tough market and unless you have realtors (here you would have two for the price of one), it does not sell.

Hope to hear from you.

We will always keep you posted!

Have a great day and enjoy!

Elsie Kempsey (352-428-5232

Julie Ludovic (352-442-9386)

Team Tropic Hernando/Tropic Shores Realty 



Published Thursday, July 8, 2010 8:34 AM by Julie Ludovico & Elsie Kempsey

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