October 24, 2011

Bank Of America’s New Program To Assist Agents With The Short Sale Process

Let’s get real — foreclosures, short sales and a mortgage crisis have plagued us for too long.  Realtors are inundated with the aftermath of what is one of the worst markets in our history.  I’ve seen questions, issues and confusion about short sales on a lot of message boards and am glad that help is on the way!

I got an email announcing a live broadcast from BofA where Bob Hora 
SVP, Mortgage Servicing Executive at Bank of America Home Loans and Alex Charfen 
CEO and Co-founder of the Distressed Property Institute and Author of the Certified Distressed Property Expert (CDPE) Designation will be on the call.

Charfen shall be asking the questions and will address BofA’s recent announcement of significant improvements, including new incentives, manpower and resources to help both agents AND homeowners.

Here are some key points mentioned:

Join us as we cover:

  • The critical factors that prevent a Bank of America short sale from closing.
  • Bank of America’s new Short Sale Customer Care Call Center, and how it will benefit agents.
  • How Bank of America’s new Short Sale specialist are contributing to the process.
  • Bank of America’s new focus on agent and homeowner education.
  • Changes and improvements to the escalation process.

Bank of America’s official policy on proving hardship (delinquency is NOT necessary).

The live broadcast will be held on Wednesday, October 26, 2011 at 4:00 p.m. EDT.  For more information or to register, go here: http://www.cdpelive.com/

Teresa Ryan

Ryan Hill Realty, a privately-owned real estate company, has served the Chicagoland area since 2001. Originally focused on Residential / "Premier Properties", we have added a Commercial and an REO/Foreclosure division, making it a full service brokerage for both Business to Business and Business to Consumer clients. Ryan Hill Realty's marketing is "Best-In-Class", creatively marketing each home for maximum exposure, and professionally serving every buyer during their home buying experience. Ryan Hill Realty attributes it growth and success to their commitment to delivering "Outstanding Service and Results", adjusting to the market and their client's needs, and their expertise in specific marketing strategies for serving "High End" Luxury Property clients, to First-Time Homebuyers, as well as Multi-Family and Investment clients. Ryan Hill Realty is also a "Woman Owned" Company and is committed to giving back to community with over 45 Realtors serving the 6-county Chicago Metro area. The company's mission is to deliver the ‘American Dream' by serving clients and community with passion and excellence.

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