we work with a lot of short sales and working with the asset managers and banks is frustrating at best. i'm really hoping the changes being made (BOA last month and Fannie and Freddie in June) will help the process along. i have one with BOA that was in about 3 days prior to their 'changes' last month. we sat in 'stalled' position for absolutely no reason (asset manager supervisors were baffled... or so they say). we finally had to cancel the file Friday and re-submit under their new process (tomorrow). we'll see if it's all it's cracked up to be (hoping it is).
in the meantime, keeping the buyer in the deal is a full time job.
i know we are only 2 weeks in after the BOA changes but has anyone seen positive changes with the new BOA process?