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	<title>San Jose Real Estate * Santa Clara County * Richard Gonzalez * Real Estate Broker * Realty World Powerhouse Brokers &#187; Bank of America</title>
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	<link>http://siliconvalleybrokerblog.com</link>
	<description>Silicon Valley Broker Blog - News, Views, and Opinions</description>
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		<title>What you need to know about HAFA in the Silicon Valley</title>
		<link>http://siliconvalleybrokerblog.com/2010/04/05/what-you-need-to-know-about-hafa-in-the-silicon-valley/</link>
		<comments>http://siliconvalleybrokerblog.com/2010/04/05/what-you-need-to-know-about-hafa-in-the-silicon-valley/#comments</comments>
		<pubDate>Mon, 05 Apr 2010 21:11:17 +0000</pubDate>
		<dc:creator>Richard Gonzalez</dc:creator>
				<category><![CDATA[Local Market News]]></category>
		<category><![CDATA[Bank of America]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[San Jose]]></category>
		<category><![CDATA[Short Sale]]></category>
		<category><![CDATA[Wells Fargo]]></category>

		<guid isPermaLink="false">http://rgonzalez.blogs.rwnetwork.com/?p=847</guid>
		<description><![CDATA[Today the banks who signed on for HAMP in 2009 have agreed to increase their participation in HAFA(Housing Affordable Foreclosure Alternatives) an extension of HAMP that provides incentives for banks and servicers to stramline the Short Sale process.]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Bank of America and Wells Fargo Short Sale Changes You Should Know About</title>
		<link>http://siliconvalleybrokerblog.com/2010/02/15/bank-of-america-and-wells-fargo-short-sale-changes-you-should-know-about/</link>
		<comments>http://siliconvalleybrokerblog.com/2010/02/15/bank-of-america-and-wells-fargo-short-sale-changes-you-should-know-about/#comments</comments>
		<pubDate>Mon, 15 Feb 2010 20:15:12 +0000</pubDate>
		<dc:creator>Richard Gonzalez</dc:creator>
				<category><![CDATA[Local Market News]]></category>
		<category><![CDATA[Bank of America]]></category>
		<category><![CDATA[HAFA]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[San Jose]]></category>
		<category><![CDATA[Short Sales]]></category>
		<category><![CDATA[Wells Fargo]]></category>

		<guid isPermaLink="false">/?p=740</guid>
		<description><![CDATA[I week ago I attended the California Association of REALTOR meetings in Indian Wells and attended an open committee meeting with high level managers from Bank of America and Wells Fargo. I added a video describing these changes to my Youtube Channel.

Click on the video below to see my report from the Indian Wells Resort.

http://www.youtube.com/v/SLb8JYccI90]]></description>
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		<slash:comments>3</slash:comments>
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		<title>What every Bank of America short sale seller must know</title>
		<link>http://siliconvalleybrokerblog.com/2010/01/15/what-every-bank-of-america-short-sale-seller-must-know/</link>
		<comments>http://siliconvalleybrokerblog.com/2010/01/15/what-every-bank-of-america-short-sale-seller-must-know/#comments</comments>
		<pubDate>Fri, 15 Jan 2010 23:00:55 +0000</pubDate>
		<dc:creator>Richard Gonzalez</dc:creator>
				<category><![CDATA[Brokers Opinion]]></category>
		<category><![CDATA[Bank of America]]></category>
		<category><![CDATA[equator.com]]></category>
		<category><![CDATA[seller]]></category>
		<category><![CDATA[Short Sale]]></category>
		<category><![CDATA[silicon valley]]></category>

		<guid isPermaLink="false">/?p=656</guid>
		<description><![CDATA[Until November of 2009 Bank of America / Countrywide short sales were difficult to navigate and a communication challenge to say the least. Our average time to receive an approval ranged from four to six months. As a result Bank of America created a partnership with equator.com thus reducing the short sale approval timeline from 6 months to 45 days.  For this reason and because there continues to be confusion with the process I decided to provide a 3 step list to successfully navigate through this new system.]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Bank of America Short Sale Fast Track?</title>
		<link>http://siliconvalleybrokerblog.com/2009/08/07/bank-of-america-short-sale-fast-track/</link>
		<comments>http://siliconvalleybrokerblog.com/2009/08/07/bank-of-america-short-sale-fast-track/#comments</comments>
		<pubDate>Fri, 07 Aug 2009 22:57:18 +0000</pubDate>
		<dc:creator>Richard Gonzalez</dc:creator>
				<category><![CDATA[Brokers Opinion]]></category>
		<category><![CDATA[approval]]></category>
		<category><![CDATA[Bank]]></category>
		<category><![CDATA[Bank of America]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[fast track]]></category>
		<category><![CDATA[negotiator]]></category>
		<category><![CDATA[San Jose]]></category>
		<category><![CDATA[Short Sale]]></category>

		<guid isPermaLink="false">/?p=251</guid>
		<description><![CDATA[Today I had a conversation with a short sale negotiator for Bank of America and was informed that Bank of America is implementing changes to there approval process for short sales waiting to be approved.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bank of America Short Sale Approval Tactics Worsening</title>
		<link>http://siliconvalleybrokerblog.com/2009/07/02/bank-of-america-short-sale-approval-tactics-worsening/</link>
		<comments>http://siliconvalleybrokerblog.com/2009/07/02/bank-of-america-short-sale-approval-tactics-worsening/#comments</comments>
		<pubDate>Fri, 03 Jul 2009 00:15:20 +0000</pubDate>
		<dc:creator>Richard Gonzalez</dc:creator>
				<category><![CDATA[Brokers Opinion]]></category>
		<category><![CDATA[Bank of America]]></category>
		<category><![CDATA[Countrywide]]></category>
		<category><![CDATA[Promissory. Note]]></category>
		<category><![CDATA[Short Sale]]></category>

		<guid isPermaLink="false">http://Siliconvalleybrokerblog.com/?p=200</guid>
		<description><![CDATA[Countrywide now Bank of America is now asking sellers to sign a 10% promissory note relative to the approved sales price and it appears to be getting worse before it gets better. For example if you are selling your property for $300,000 in a short sale you would have to sign a promissory note for $30,000 payable over 25 years at 0% interest.]]></description>
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		<slash:comments>0</slash:comments>
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