Bank of America postpones Foreclosures in all 50 states

Bank of America has announced it is  holding all foreclosures for all 50 states until their assessment of all documentation is complete.

This gives the bank incentive to complete the short sale transactions which benefits the seller and all involved.  

http://online.wsj.com/article/SB10001424052748704657304575539963605720860.html?mod=googlenews_wsj

Gloria Bumanglag, GRI

Century 21 Award

Realtor, DRE# 01762609

gloriabb.posterous.com

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