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Debbie, Home Buyer in Arizona

What does Equator participant mean concerning a short sale?

Asked by Debbie, Arizona Thu May 5, 2011

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3
It means if your agent doesn't know what Equator is... you probably should find one that does. It's a website / document input and tracking system.
0 votes Thank Flag Link Wed Dec 21, 2011
Equator is an online system for processing short-sales. Basically, you can e-mail all necessary documents to the bank instead of faxing or mailing them in. Bank of America processess all of its short sales using equator
0 votes Thank Flag Link Wed Dec 21, 2011
Hi Debbie,

Equator is a computer system which is designed to move the short sale along faster than normal. It is a place where the agent can upload documents directly into the system, ask questions of the negotiator and see status updates. I like it....I've found that the short sales using it do go faster.

Karen
0 votes Thank Flag Link Fri May 6, 2011
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