Just be prepared that you may be waiting a while for a shortsale. As a shortsale buyer, you need to be patient... however, since you said it is B of A, then more than likely, the offer was submitted online on "Equator" With this system, the listing agent will submit various information "tasks" as they are requested from the lender. In the beginning of the submission process, the system is automated while it is requesting documentation for the file. Once all requested docs are gathered, then a negotiator will be assigned and the listing agent will automatically have the negotiators contact info to direct updates.
If you submitted over a month ago and do not have any further info, just have your agent contact the listing agent and ask them how and where the offer was submitted. Find out what "task" if any, is the system on, or have all tasks been completed. If so, it may take another week or two to get the bpo. Just know, sometimes the bpo can be a driveby and will not contact the agent for interior access and that there is a chance that it was already done. But in all fairness, one month in on a shortsale is still in the begining stages... if it is a good deal then trust your agents but still be on them... The bottom line is all the same to each of you... the sell this property... you want the home and they want their commission, so it may take a little time but any competent agent will do their part to close this deal as soon as possible. Good luck.
Richard "RJ" Kas (SFR, SRES)
"Representing the finest properties from Los Angeles worldwide"
KAS Properties - Coldwell Banker Previews International - Beverly Hills East
9388 Santa Monica Blvd, Beverly Hills, CA 90210
310.859-5334 office - 310.488.9826 mobile - 310-273-0670 fax ATT: RJ
RichardKas@gmail.com - www.RJforLA.com - DRE: 01352771
Sellers Buyers Investors Leasing Consulting