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Need response quickly from Bayview Loan Servicing

Started by Garey Keathley in Short Sale Discussions. Last reply by Brett Goldsmith 3 hours ago. 3 Replies

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Brett Goldsmith replied to Garey Keathley's discussion Need response quickly from Bayview Loan Servicing
"Great, that's really all you can do in this scenario. One step in the right direction. [email protected] 310-564-6389 www.ishortsalenow.com"
3 hours ago
Garey Keathley replied to Garey Keathley's discussion Need response quickly from Bayview Loan Servicing
"Thank you, Brett.  They are entertaining a value dispute.  They are postponing the foreclosure while they decide. I appreciate your input."
Friday
Jerome Hale is now a member of Short Sale Superstars
Thursday
Brett Goldsmith replied to Garey Keathley's discussion Need response quickly from Bayview Loan Servicing
"Did they confirm they would entertain a value dispute? Seller should be consulting with an attorney potentially about BK if Bayview won't postpone. Very possible they won't want to postpone with a value 200k higher and non approved offer."
Thursday
Garey Keathley posted discussions
Thursday
Russ Trinidad replied to Russ Trinidad's discussion Messy Foreclosure defense. 4 liens on property! in the group NationStar Mortgage
"Very sound advice. Although I like a good challenge, this one might be more then I can chew. Thanks everyone! "
Wednesday
ElizabethWeintraub00697006LyonRE replied to Russ Trinidad's discussion Messy Foreclosure defense. 4 liens on property! in the group NationStar Mortgage
"My initial reaction is I would not touch this. I imagine the lawyer did not comply with the California Home Sales Equity Act as required when a property is in foreclosure and most likely did not give the owner adequate paperwork to sign nor respect…"
Wednesday
Brett Goldsmith replied to Russ Trinidad's discussion Messy Foreclosure defense. 4 liens on property! in the group NationStar Mortgage
"The biggest challenge is the 3rd and 4th lien due to non borrower cooperation. If the "friend" is the borrower of the 3rd and 4th then they likely need to provide financials and/or sign off on those short sale approval letters. Without…"
Wednesday
Brett Goldsmith replied to Russ Trinidad's discussion Messy Foreclosure defense. 4 liens on property! in the group NationStar Mortgage
"When a mortgage debt is discharged through a ch 7 the lien still remains on title. If the lien is on the property then the debt must be settled to release the lien from the property. Typically ch 7 do not strip subordinate liens. If it was a ch 13…"
Wednesday
Russ Trinidad replied to Russ Trinidad's discussion Messy Foreclosure defense. 4 liens on property! in the group NationStar Mortgage
"Thank you all for your comments and guidance. I know the "Friend" is no longer reachable. My client (Seller) has tried to contact them to help get it straighten out but to no avail.  As far as the title changing from person to…"
Wednesday
Thom Colby CA Brkr 888-391-5245 replied to Russ Trinidad's discussion Messy Foreclosure defense. 4 liens on property! in the group NationStar Mortgage
"When the property was Quit Claimed to the "friend / tenant" did the owner sign that Quitclaim Deed?  I think the bigger concern with this transaction will be Fraud - specifically Mortgage Fraud, Fraud for Housing, etc. If the seller…"
Wednesday
Elliot Ambalo replied to Russ Trinidad's discussion Messy Foreclosure defense. 4 liens on property! in the group NationStar Mortgage
"Russ, Brett brought up a very important factor that I forgot to mention. You need the cooperation of the "friend" otherwise how will you get authorization to the servicing company? Brett, "A ch 7 won't make it so you don't…"
Tuesday
Brett Goldsmith replied to Russ Trinidad's discussion Messy Foreclosure defense. 4 liens on property! in the group NationStar Mortgage
"Russ, you need to settle all liens on title. You likely need the "friend" to cooperate if they are the one who pulled out the other notes and the servicers may need their financials. I'd be exploring that before spending too much on…"
Tuesday
Brett Goldsmith replied to Greg Kristy's discussion Short Sale -> Short Pay in the group SPS Select Portfolio Servicing, inc
"Deal won't get done if they don't sign. What are they scared of? Are they related to seller or do they have a business relationship?"
Tuesday
Brett Goldsmith commented on Wendy Rulnick's group Chase
"@nicole who is the investor/insurer on the loan? What is the delinquency and is it a FHA loan?"
Tuesday
Elliot Ambalo replied to Russ Trinidad's discussion Messy Foreclosure defense. 4 liens on property! in the group NationStar Mortgage
"First of all is the property worth it to roll your sleeves up to do all this work? Because from what you are mentioning, this wont be that simple. Yes & No, on the short sale applications from Mr. Cooper & the standard 710 & RMA asks if…"
Tuesday
 
 
 

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