I'm working with a client who has BOA as his note holder.

I talked with a realtor yesterday who said he had no problem representing the seller as well as representing me as seller for B-C as well as letting me hire out the negotiations The part I didn't get was that he said he has been able to close 100% of his short sale listings with exception of a couple when BOA went to the equator system.

I was just told from my title company that some banks(BOA) are not allowing business to purchase Short Sales, but I was also told from another source, that I should never buy in my own name.

And I have two deals moving through BoA now, though I just fired my negotiator due to poor service, so choose wisely!

It may be rejected if you ignore the lender's restriction (if any) in the approval letter, like BOA's paragraph #10.

So again, are we dumping BOA deals or what?

BoA requires a MLS listing, but have accepted the postlet flyer as the MLS listing.Most of the short sales we deal with are not listed on the MLS.

Early today I received an email from the closing agent saying that the buyer's lender Wells Fargo worked their loan with zero seller paid CC and can't rework their stuff at this point and suggested me to collect the LM from the SS lender BOA (yea, right!!).

Depends who its with...I did a shortsale in 2009 with CW/BOA and had a 2% (of PP) Buyers Fee.

BoA held both the first and second liens in Nick's case, but that really doesn't matter.