Wow. You can’t make this stuff up!
About two months ago we helped a family, whose house was in Porter, Texas, short sale their home. A key component of a successful short sale is protecting the homeowner and their REALTOR from the mortgage company because while these companies can be sneaky and unethical they are also disorganized.
In this case, Bank of America was the servicer. After a lot of wrestling and a well aimed lawsuit, B of A agreed to accept the short sale with complete debt forgiveness. File closed and funds wired. Done with a testimonial to prove it.
Fast forward about two months…they contact the now “former” listing agent, sending them a short sale package for submission to the FHA. What a joke! Just another example of how they don’t know which way is up. Morons.
- The Bank Slayer
