Well, first off, I don't want to question anyones integrity however, you raise a valid question that only the seller or seller's agent can answer. Because of this, when advising my buyers in multiple offer situations, I make it clear that they need to offer their highest and best so that if they are outbidded, for any reason, fraudulant or legitimate, they can walk away satisfied that they did all they can do.
Thanks Justin for the link to the application. I've talked to my loan rep who in turn had her manager contact me. They said very nicely that in order to be considered it's a "scratch my back and I'll scratch yours" in other words give us some good leads and continue to give us leads and we'll refer you as a REO agent. How's business with you otherwise? I know this is the same way Chase does business too...I'm already an approved agent with them.
Justin, Is this rep someone you have been using as a lender or just a local BofA rep. I have been mainly a listing agent so I don't have much repore with any BofA rep. My senior loan officer does have a contact I might use. Any advice is greatly appreciated.
David, you need to get referred by your local mortgage rep. When you talk to them, they have no idea what you are talking about. I had to press pretty hard for her to look into it within B of A. Finally, she found the right contact and I'm being reviewed.
Justin, I was with Country Wide doing REO's and when they were bought by BofA I was dropped. What are you doing to get set up with them? I would appreciate the info if you don't mind. I am in Southern California.