BofA has announced changes in their short sale process. If you have a short sale in progress you must make sure that certain documents be uploaded to their Equator® platform by midnight April 13, 2012. If you have not uploaded these docs you may need to upload all docs again or the file may be rejected. BofA has also announced that a new “Short Sale Third Party Authorization Form” must be used after April 13, 2012. This form requires the designated representative to be a licensed real estate salesperson, broker or attorney. Unlicensed persons who may currently be negotiating short sales will no longer be able to be an authorized third party. For more info go to: https://realestateagent.bankofamerica.com/ptff.aspx?p=251
