Bank of America Short Sale Specialist | Porter Ranch
There are several things homeowners can do, a no cost when having mortgage difficulties that can help avoid foreclosure. They can either work with a Realtor like myself in getting a loan modification or homeowners can seek the help of a HUD approved housing counselor to help determine the options available so a decision can be made on how to proceed. A real estate professional, like myself is well versed in the various programs available. What to do depends on your specific situation. As a real estate broker, I play an important role as a resource for homeowners and an advocate for homeowners by working with the lender. Please call me and remember there is no cost to do a short sale since the short sale lender must approve the agent commission.
- Homeowners can visit the Bank of America Short Sale Programs page at: http://homeloanhelp.bankofamerica.com/en/short-sale.html
- Homeowners can visit the Bank of America HAFA Short Sale page at: http://homeloanhelp.bankofamerica.com/en/home-affordable-foreclosure-alternatives.html
To do a HAFA Short Sale, homeowners must use a licensed real estate professional . Luckily, you came to the right place as I am someone who handles several short sales and I am also HAFA short sale certified because the HAFA short sale program has benefits over a traditional short sale. If you have income and haven't already applied for Making Home Affordable, you can apply with your lender and the assistance of a free HUD counselor or myself. If a loan modification is not approved, however the next step is more than likely going to be a traditional or HAFA short sale. The earlier you start working with your lender on an alternative to foreclosure, the better chance you have of staying in your home longer. The fact that you have found my website shows that you are taking action to get the information you need to get help you need. Studies show that the most homeowners first contact a real estate professional, like myself for help. My expertise is in real estate and working with the lenders but my goal is also to help relieve some of the stress they are experiencing.
Bank of America Short Sale Department:
1-866-880-1232 Phone (for urgent calls or to inquire about short sale options)
Bank of America HAFA Short Sales (currently handled by third party companies):
1-888-387-0523 Phone (Loan Resolution Servicing on behalf of Bank of America)
1-877-459-2021 Phone (UTLS Default Servicing on behalf of Bank of America)
Bank of America Foreclosure Department (AKA Home Retention): 800-669-6650 Phone
