Facebook-f Instagram Linkedin Youtube

Tag: bank of america short sale

Information about the Bank of America Short sale Process

November 15, 2012

Hey guys, Kelly Cook here with the Kelly Cook Real Estate Group, :k1: short sale specialists. You can find us online at www.KellyCookHomes.com. Now we specialize in helping homeowners across the entire :k1: area find alternatives to foreclosure through the means of a short sale. Today I would like to talk to you specifically about Bank of America short sales. We also represent buyers and we represent and market equity sellers as well. We also do a lot with short sellers. We have a passion for helping people out from a bad situation to a better situation without a lot of effort on their part. We handle the short sales from start to finish. The bank we are specifically addressing today is Bank of America short sales.

A lot of you probably have Bank of America mortgages right now on your current house or you originated your mortgage with Countrywide and Bank of America bought them out. Maybe you’re struggling today or you have a hardship or maybe you need to relocate for your job. Whatever the case may be, if you are underwater and need to sell or want to get out from your current mortgage debt, give us a call. This is what we specialize in, again we have a passion for it. My entire team has a passion for helping people out of their current situation. So give us a call and you can also email us. Bank of America is currently offering incentives to people who do short sales. There are three different programs, their traditional, their HAFA, and their co-op program. Each one of those do provide a seller incentive to do the short sale. Not only could you possibly get out from a bad situation to a pretty good one, but you could also be paid to do that.

Again, our fee is nothing. You don’t pay us a dime unless we successfully get the short sale done and the lender pays for our fee. So, again, you don’t owe us a thing whether we get it done successfully or something else happens where we cannot based on extenuating circumstances. We’d love to help you out with your Bank of America short sale. We have plenty of good contacts with them over the years of probably doing close to 100 Bank of America short sales.

Again, I’m Kelly Cook with the KC Real Estate, one of :k1:’s leading short sale teams and we’re here to help. You can send us an email at info@kellycookhomes.com or give us a call at 480-442-9868 at our Phoenix, Arizona office or in Columbus, Ohio at 614-600-2028. Go to our calculator page where we tell you instantaneously your home value so if you want to know where it currently stands in today’s market at MyHomeValueCalculator.com. Please take advantage of that tool, it’s a great free tool and it can help you make a better informed decision as to what you should do at this current time. Thanks and we look forward to hearing from you soon.

Bank Of America Offering Short Sale Incentives

June 8, 2012

Hello everyone, short sale specialist Kelly Cook here with the Kelly Cook Real Estate Group, part of The Real Brokerage here in :k1:. We can be found online at www.AZKCrealestategroup.com. We specialize in helping homeowners throughout the :k1: area avoid foreclosure through the means of a short sale, which we are discussing here today.

Our topic today is very popular right now because Bank of America just came out with some new initiatives last week. The topic is Bank of America’s proprietary short sale program. Bank of America basically came out and said they are going to give incentives to homeowners to do a short sale by offering them anywhere from $2500 to $30,000. The $30,000 will be for a rare set of individuals, obviously, but they will be issuing monetary incentives for short sales closed to people who are underwater on their homes or late on their payments.

This program is pretty big; we have negotiated up to $30,000 before for clients with other banks. In fact, the largest one we did was with Chase bank and that was at $55,000. Bank of America has capped their incentives at $30,000, for whatever reason, but if you think you might be headed towards foreclosure or are struggling right now and not sure what to do with your mortgage and would like to do a short sale, please give us a call. You can also go to our website at www.KellyCookShortSales.com and put your information in our short sale calculator. The calculator will not only tell you when you will breakeven but when your home will become an asset again. It’s a very useful tool and I encourage you to take advantage of it. You can also call us at 480.442.9868 or email us with your short sale questions at info@kellycookhomes.com. We hope this video finds you well and we look forward to helping you with your short sale needs.

What You Need To Know About the New Bank of America Short Sale Process

June 7, 2012

Hey guys, I’m Kelly Cook here with the Kelly Cook Real Estate Group part of The Real Brokerage and your :k1: short sale specialists. We can be found online at www.AZKCRealEstateGroup.com. We specialize in helping area homeowners find alternatives to foreclosure through the means of a short sale.

Our topic today is the new processes with Bank of America short sales. They came out and had a big announcement this past week on the new processes for homeowners and agents alike. The one program that we are going to talk about today is their cooperative short sale program. Bank of America basically has three separate short sale programs and we are going to talk about the cooperative program today. The cooperative short sale program is basically a pre-approved short sale program so if you are out there wondering if a short sale is right for you and you have a Bank of America loan, chances are you can get qualified for a pre-approved short sale through the cooperative short sale program. By doing that you simply contact an agent like us who specialize in Bank of America short sales and then we submit your information along with a letter of authorization to see if you qualify for that program.

To qualify you simply have to have a hardship. So give us a call today to speak about this further or if you have any other questions on what a qualified hardship is. The best part about this program is that Bank of America will pay you up to $2,500 at closing with a successful short sale. It’s a great deal, you don’t have to do anything just let us take care of all the work. You don’t pay us a dime because our fee is paid for by Bank of America and you can get a check for up to $2,500 at closing.

Again, I’m Kelly Cook with the Kelly Cook Real Estate Group, your :k1: short sale experts and I’m here to help. Give us a call today if you have any other questions about this program, we would love to talk to you more about it. We can be reached at 480-442-9868 or you can email us at info@KellyCookHomes.com. Take care and we look forward to speaking with you soon.

Bank of America is Offering Relocation Assistance to Some Homeowners who Complete a Short Sale

March 30, 2012

Hey guys, I’m Kelly Cook here again from the Kelly Cook Real Estate Group, your :k1: short sale specialists. We can be found online at www.AZKCRealEstateGroup.com. We specialize in helping homeowners find alternatives to foreclosure, through the means of a short sale.

Today the topic we are discussing is Bank of America short sales. This is a hot topic because so many people have a Bank of America loan and the vast majority of people that are underwater on their properties have their mortgage with Bank of America. Bank of America started off not being so great in the short sale industry. They took over Country Wide as many of you know. They had a lot of non-performing assets and weren’t sure how to deal with all of those. They were naturally one of the worst banks to deal with when it came to a short sale several years ago. However, I will commend Bank of America because they did turn the tide. They started to use technology to help the short sale process out to help streamline the process so that more agents or homeowners could be more useful in trying to short sale their properties and get all the documentation sent in to Bank of America.

Now Bank of America does also offer an additional program that a lot of the other banks don’t. It’s called the short sale co-op program. So at Bank of America you have the opportunity to do a regular short sale, a HAFA short sale, or a cooperative short sale with Bank of America. If you are approved with a HAFA short sale, you can receive up to $3,000 in relocation assistance which is awesome. Also the short sale cooperative program works pretty well, you can receive up to $2,500 in relocation assistance in the short sale co-op program with Bank of America. The process is kind of reverse engineered with the appraisal happening first as soon as you apply for a short sale. That way we know exactly what price to sell the property.

Please give us a call if you have more questions about those three issues with Bank of America. Again, my name is Kelly Cook with the Kelly Cook Real Estate Group, :k1:’s short sale specialists. You can email us at info@kellycookhomes.com or call me at 480-227-2028. I hope you have a great day.

Contact Us

© Cook & Associates Real Estate Advisors