Wednesday
October 1, 2014

Lending Giant Offers Short Sale Webinar

|
-A A +A

Lending Giant Offers Short Sale Webinar

Bank of America announced it will host a webinar for real estate professionals to teach them how to better navigate the short sales process.

The webinar will cover such topics as mortgage servicing transfers, common short sale document errors, and how to resolve short sale problems in a transaction. The presenters also will explain how to handle short sales for mortgages guaranteed by the Federal Housing Administration, which Bank of America now processes through its system Equator. The one-hour session will include a Q&A for responding to questions that were submitted by agents during the registration process.  

Short sales still make up a big bulk of home sales, even though they’re starting to decline as home prices rise and lenders have less incentive to complete them. Still, 14 percent of all residential sales in June were short sales, according to RealtyTrac data.

The Bank of America short sale webinar will be held at 4 p.m. Eastern on Sept. 5. 

Source: Bank of America and “BofA to host short-sale webinar for real estate agents,” Inman News (Aug. 30, 2013)

Read more

4 Reasons Lenders Want to Work With you on Short Sales