Short Sale Superstars
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Fannie Mae Home Path / Seterus
Started by Judith Canero in Short Sale Discussions. Last reply by Vikki Lucas on Wednesday. 2 Replies 0 Likes
Short Sale BPO Appraisal Price lower than the offer
Started by John in Short Sale Discussions. Last reply by Brett Goldsmith Aug 29. 1 Reply 0 Likes
Investor says short sale no longer feasible??
Started by Robert A. Carrino in Short Sale Discussions. Last reply by Brett Goldsmith Aug 25. 1 Reply 0 Likes
HAFA Short Sale
Started by David R. in Short Sale Discussions. Last reply by Wayne Brooks Sep 12. 8 Replies 0 Likes
Nationstar and Xome for Short Sales
Started by Kelly Magreevy in Short Sale Discussions. Last reply by Fiel Barrow Aug 29. 1 Reply 0 Likes
Help
Started by David R. in Short Sale Discussions. Last reply by Fiel Barrow Aug 29. 3 Replies 0 Likes
J.G. Wentworth shortsale
Started by Don Ferguson in Short Sale Discussions Aug 11. 0 Replies 0 Likes
Nationstar
Started by Jill Schappel in Short Sale Discussions. Last reply by Brett Goldsmith Aug 4. 1 Reply 0 Likes
Fannie Mae countered offer - withdraw and relist property?
Started by Jacqueline Gonzalez in Short Sale Discussions. Last reply by Jacqueline Gonzalez Aug 4. 2 Replies 0 Likes
Tax Consequences in Divorce
Started by Tracy Gibson in Short Sale Discussions. Last reply by Fiel Barrow Aug 29. 3 Replies 0 Likes
Need a Short Sale agent for Property in Moline, Illinois
Started by Tracy Gibson in Short Sale Discussions. Last reply by Tracy Gibson Aug 1. 2 Replies 0 Likes
Wells Fargo HAFA Approval
Started by Tony Morales in Short Sale Discussions. Last reply by Fiel Barrow Aug 5. 1 Reply 0 Likes
ShellPoint Mortgage Servicing
Started by Richard Zucchini in Short Sale Discussions. Last reply by Brett Goldsmith Aug 1. 1 Reply 0 Likes
California State Teachers' Retirement System loan modification
Started by Dominique Van Ryckeghem in Short Sale Discussions. Last reply by Brett Goldsmith Aug 1. 3 Replies 0 Likes
does fannie mae have to send of copy of BPO to borrower
Started by Tony Watkins in Short Sale Discussions. Last reply by Tony Watkins Jul 29. 2 Replies 0 Likes
Blog Posts
BOK Financial
Posted by Vincent Donaldson on September 22, 2016 at 12:08am 0 Comments 0 Likes
Investor says Short Sale is No longer an option...
Posted by Robert A. Carrino on August 25, 2016 at 11:20am 0 Comments 0 Likes
Wells Fargo - Short Sale Rejected - Looking For Suggestions
Posted by James Faulkner on August 22, 2016 at 8:55am 2 Comments 0 Likes
Beaumont, California Short Sale REALTORS - Helping People with the Short Sale Process
Posted by Garrigus Real Estate Group on July 15, 2016 at 1:52pm 0 Comments 0 Likes
Fannie Mae1st is made whole +, Will they pay more than $6000 to 2nd
Posted by Robin Lemmons on June 14, 2016 at 10:44am 1 Comment 0 Likes
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Groups
Latest Activity
Dean E Eshelman, CPA, CDPE, IRES replied to Vanessa Machado's discussion Real Estate Commission in the group PennyMac Loan Servicing"How was this resolved? I am getting the same thing. I have a clause in the listing contract that says the "sales commission may not be reduced to less than 6% as a condition of the sale". And I am running into the same thing."
Vincent Donaldson posted a blog postBOK Financial
I have a short sale signed up out of Tulsa OK for the Bank of Oklahoma. Part of BOK Financial Corp, BOKF, which operates seven banking divisions: Bank of Arkansas, …See More
"My experience has been that you can get list price guidance without an offer using HomePathforshortsales.com. If it comes back high, you can even dispute the valuation before you get an offer. Just did this on a Seterus deal."
Luther Fisher replied to Judith Canero's discussion Fannie Mae Home Path / Seterus"My procedure is get listing agreement signed, enter into MLS, get contract and then submit to Fannie Mae. They usually don't give list price guidance until after they do an appraisal/bpo, and they won't do that until you send an offer…"
Judith Canero posted a discussionFannie Mae Home Path / Seterus
Any advise on whether to get listing agreement, enter into MLS, get contract & submit OR Request List Price guidance prior to listing??See More
Dean E Eshelman, CPA, CDPE, IRES commented on Sara Mehrpouyan Los Angeles CDPE's group PennyMac Loan Servicing"Short Sale, HAFA, Conventional Loan. Short Sale Terms and Conditions. a) Closing costs paid by your or on behalf of the seller, including commission may not exceed 5.5%. c) Real Estate Commissions. 5% of the sales price. Listing and Selling agent…"
Bill Garrett commented on Wendy Rulnick's group VA Compromise Sales"Wendy: Thanks, as always, for the quick and reliable info. Appreciated."
Wendy Rulnick commented on Wendy Rulnick's group VA Compromise Sales"Bill - VA says they cap, but in reality, if the net to the VA is within limits, they have allowed the excess to pay the junior lien. I have not seen a requirement from the VA for the junior to forgive, Kevin Lancaster?"
James Faulkner commented on Wendy Rulnick's group Wells Fargo Short Sales"So here's the latest. I purchased this 3 family 10+ years ago as a residence, and then refinanced it 4 years ago as an investment. Wells is rejecting my request because they are saying it was purchased as an investment. They…"
Bill Garrett commented on Wendy Rulnick's group VA Compromise Sales"JUNIOR LIEN PAYMENTS____________ Two Questions: _____ (1) Does VA cap what is allowed to a 2nd mortgage? ______ (2) Does VA require the 2nd mortgage to forgive the balance of the loan? ______ Thanks.
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cat gellatly commented on Wendy Rulnick's group Wells Fargo Short Sales"@James -- Yes I have and I am working a short sale right now where the borrower is not late. First I sent in an authorization. After 3 days I called and they sent me the Uniform Borrower Assistance Form to be filled out, asked for Hardship letter…"
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