Category: Short Sale Programs

Bank Of America Short Sale Specialist In Tucson

Hi there, Shawn Polston with TucsonShortSale.com and Keller Williams Southern Arizona in Tucson. I wanted to talk to you today about Bank of America short sales.

In my opinion, Bank of America is by far one of the most proactive banks out there when it comes to wanting to help homeowners avoid foreclosure and short sale their homes or otherwise come up with a solution to the problem they are having. Bank of America has come out with a few new programs that offer financial assistance to sellers that do a short sale. It’s a program that I am a part of so I am able to quickly process you into the Bank of America system to see if you qualify for any of those programs where they would offer you cash to do a short sale. They also recently came out and said that on a traditional short sale (not an FHA or VA short sale) their goal is to have the response time down to three weeks on a short sale. I’m cautiously optimistic about this because this would be incredible if they’re able to pull it off.

We’re on all of Bank of America’s training programs; they email us and keep us up-to-date on all the changes in their systems. If you have a Bank of America short sale and are looking for someone to help you with that, it’s really important that you find someone that has a great relationship with them and really understands their systems and processes. At any given time, my team will be working approximately 80 to 130 short sale files and about 30-40% of those are with Bank of America.

If you’re looking for help with your Bank of America short sale, please fill out the form on my website or pick up the phone and give me a call. I look forward to working with you on your short sale.

Active Military Short Sale Information

Hi there, I’m Shawn Polston with TucsonShortSaleNegotiator.com and 520ShortSale.com, with Keller Williams and your Tucson short sale specialists. Today we have breaking news from the Federal Housing Financing Agency. The Federal Housing Financing Agency has a great deal of control they exert over our friends at Fannie Mae and Freddie Mac. Today they just announced something very important to members of our military. They have made some changes in that if you are a member of the military and you have received a permanent duty station change and you have your orders and you are going to have to move, even if your mortgage is current, that is considered a legitimate hardship for the purpose of a short sale. Not only does this guidance say they have to process your short sale but they also have to completely relieve you from the debt if your loan is owned by Fannie Mae or Freddie Mac.

If you have questions about whether or not your loan is owned by Fannie Mae or Freddie Mac and is this program going to qualify? I have very easy access and a very easy way to determine if that’s the case. I encourage you if you know you have a permanent duty station change coming up and you have a house that is underwater or even if it’s not under water, we are here to help you with getting you out of that house and getting you moved on.

Again I’m Shawn Polston with your Tucson short sale specialists and we’re here to help answer any questions you may have. Please feel free to fill out my request form on this page or give me a call today. Thanks and I look forward to speaking with you soon.

Bank of America is Offering Incentives to Customers who complete a Short Sale on their Homes

Hey there, I’m Shawn Polston with 520ShortSale.com, from Keller Williams and your Tucson short sale specialist. I wanted to talk to you today about my friends at Bank of America and short sales. Bank of America just released a brand new program. If you have a Bank of America loan and you have been having trouble with your payments or maybe even not, you may be receiving a letter in the mail that looks something like this. I’m putting this out there to just emphasize the importance of opening your mail from your lender because Bank of America has a limited time program that they are going to start paying owners to short sell their homes and giving them between $5,000 and $30,000 worth of relocation assistance. It’s an invitation program; it’s something that you need to receive one of these letters from them. My staff and I also have the ability to check within their system and communicate with them to see if you would in deed qualify for this program.

This is really an amazing thing, we have seen it from a couple of other lenders out there and it’s really a great step on Bank of America’s part to helping their customers and helping their homeowners in need. Also, I just want to get it out there that if you do receive this letter, it is definitely the real thing and this program does exist.

Again, I’m Shawn Polston your Tucson short sale specialist and I encourage you to ask any questions you may have about this program. We are here to help in any way that we can. Please give me a call today or fill out my short sale request form on top of the page and I look forward to speaking with you soon. Thanks and have a great day.

About Shawn Polston

Shawn has been a Realtor since 2006. Prior to becoming an agent Shawn and his wife were active real estate investors. Shawn takes his education seriously; he’s taken over 200 hours of continuing education classes, to keep up-to-date on current laws and trends. Shawn is a member of the Arizona Association of Realtors Master of Real Estate Society and a Graduate of the Realtor Institute. He is also a HAFA certified Short Sales and Foreclosure Specialist in addition to being a National Association of Realtors Short Sale and Foreclosure Resource.