San Jose Short Sale Agent Closes Another Short Sale
HAFA Short Sales
Short Sale time frames will most definitely vary depending on the number of loans and who services the loans.
Below is an outline of the time frame for closing a San Jose short sale. This property qualified for, was approved as, and closed as a HAFA short sale.
- List Date: 10/2/2011
- List Price: $368,888
- Number of Offers: 3
- Sale Date: 10/12/2011
- Days on Market: 10
- Lender Approval 1st Lien with Bank of America: 12/9/2011
- Lender Approval 2nd Lien with Bank of America: 12/10/2011
- Sales Price: $370,000
- HAFA Incentive to Borrower: $3,000.00
- Close of Escrow: 1/6/2012
- List to Close: 3 months
- Bank of America HAFA short sale servicer: UTLS
Working with UTLS was extremely difficult. Thankfully Bank of America is now managing their HAFA short sales in-house provided there is an offer on the property at the time the short sale is initiated.
You can save your home from foreclosure. Get the help you need now. Don’t wait until you run out of time. Call your local San Jose short sale agent who is trained, certified, experienced, with a track record of helping homeowners avoid foreclosure.
Call 1-800-972-1822 today!