webinar (2)

24 Asset Management and VRM

Anyone else feeling totally conflicted on whose mandatory webinar training to attend, you know, ever since they started SCHEDULING RIGHT ON TOP OF EACH OTHER?! lol. Trying to get me to choose who I will serve or just major coincidence?

So obviously, they're not getting 100% attention tomorrow as I'll have my screen split and be fading the volume from one to the other every so often...since they TRACK your attendance. *sigh*

Thankful for replay links, I am...

Good night.

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Bank of America has assumed a leading role in processing Short Sales. It is well known in the real estate industry that BofA was the first bank to start tracking Short Sales on-line in the Equator platform, making the transaction more transparent and shortening the time it takes to process.

This morning, BofA held their third webinar related to Short Sales. The title of today's webinar was 10 Tips to a Successful Short Sale. Here's are the ten tips offered by the webinar:

1. Agent Short Sale Education & Training

2. Setting Realistic Expectations for Both Buyers & Sellers

3. Get Outside Liens Released As Quckly As Possible (2nd liens, HOA etc.)

4. Work to Sell Property @ Fair Market Value.

5. Fully Execute Purcahse Contract Before Submission.

6. Negotiate Escrow Fees in Advance & Submit Complete HUD.

7. Check all Documents Prior to Submission to Equator. Illegible documents will be rejected.

8. Complete Tasks in Equator in a Timely Manner. Counter not answered on time will be automatically rejected.

9. Agree on Counter Offers Before Accepting.

10. Identify Potential/Common Causes for Delay

Here's hoping other banks follow BofA's example!!!

Here's a link to the entire recorded webinar: http://video.webexlivestream.com/events/webx001/35673/eFrame.jsp?mei=35673&cf=webx001&;

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