Bank of America to Discuss the State of Short Sales in 2013

January 14th, 2013 in Alex Charfen by cdpe

Last month, more than 13,000 agents registered for our industry web broadcast with the U.S. Treasury to make sure they were completely in step with the new HAFA rules.

This time, we’re bringing in the industry’s largest short sale lender to talk about their new programs that will affect short sales in 2013. Bank of America has completed nearly as many short sale transactions as the next two biggest lenders combined, which means these updates are going to affect agents nationwide.

The Mortgage Forgiveness Debt Relief Act of 2007 was created to relieve homeowners of the phantom income tax associated with forgiven debt from a short sale, foreclosure, or loan modification. Although this legislation was set to expire at the end of 2012, the recently passed American Taxpayer Relief Act extended this exemption, which means short sales aren’t going anywhere in 2013.

As the industry’s largest short sale lender, Bank of America is in a unique position to share how short sales are going to change in 2013, and how updates to their own programs will affect your business…

Don’t let these updates surprise you later this year and possibly delay your deals.

Register for our FREE live broadcast on Wednesday, January 16th at 4pm ET, and hear about these updates directly from the source. Alex Charfen will be interviewing Stephanie Lowe, Senior VP of Short Sale Production at BofA, about the state of short sales and what agents should expect this year.

You will also be able to call in and ask questions live on the air, so don’t miss this rare opportunity to get the answers you’ve been looking for.

Join us on Wednesday, January 16th at 4pm EST to make sure you’re ready for this year, and you will also learn…

  • Where to find new opportunities in the 2013 market
  • How to get free listing exposure via a new BofA program
  • FHA short sales vs. other BofA short sale programs
  • How clients can get relocation assistance of up to $30,000
  • Why BofA’s deal with Auction.com will benefit you
  • And much, much more…

Don’t miss out on this critically important, FREE broadcast! Register Here.

EXCLUSIVE INDUSTRY BROADCAST | 
Bank of America to Discuss the State of Short Sales in 2013
Wednesday, January 16th | 4pm EST

Let the world know about this now!

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