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NOVAD and HUD with reverse mortgage

Started by Lili Youngblood in Short Sale Discussions. Last reply by Lili Youngblood Aug 14. 2 Replies

FHA Investment property Short Sale Options?

Started by Ryan Braunagel in Short Sale Discussions. Last reply by Brett Goldsmith Jul 29. 1 Reply

Kondaur Capital not accepting a short sale

Started by Catherine Gheen in Short Sale Discussions. Last reply by Donna Giaccio Jul 29. 2 Replies

Shellpoint Mortgage Contact

Started by Steve Doan in Short Sale Discussions. Last reply by Brett Goldsmith Jun 7. 1 Reply

Cashcall

Started by Janine Margaret Nielsen in Short Sale Discussions May 2. 0 Replies

Fannie and Freddie Allow Short Sale Negotiator Fees

Started by Tony Morales in Short Sale Discussions Apr 19. 0 Replies

HAS THIS HAPPENED TO YOU?

Started by Minna Reid in Short Sale Discussions. Last reply by Minna Reid Mar 19. 4 Replies

Due Diligence Fee & Short Sale

Started by Sharon Burgos in Short Sale Discussions. Last reply by Smitty Mar 18. 2 Replies

Fay Servicing Issues

Started by Tony Morales in Short Sale Discussions. Last reply by Brett Goldsmith Feb 21. 3 Replies

Cornerstone Home Lending...help

Started by Nicole Espinosa in Short Sale Discussions Feb 13. 0 Replies

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Short Sale with HERO Assessment

Posted by Tony Morales on April 9, 2018 at 12:59pm 3 Comments

 

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Rose Beaverson joined Edward Codelia's group
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Loancare Servicing

A 3rd party company processing short salesSee More
22 hours ago
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Jason Sanseverino replied to Rose Beaverson's discussion VA Short Sale Appraisal Value Dispute in the group VA Compromise Sales
"Hi Rose - The servicer has limited authority on these matter.  I see you did contact VA directly -  Here is what I use:  1. No more than 3 comparable sales that closed prior to the effective date of the VAappraisal report that are…"
23 hours ago
Rose Beaverson replied to Rose Beaverson's discussion VA Short Sale Appraisal Value Dispute in the group VA Compromise Sales
"I am waiting to see the official appraisal report and I'll work on a dispute after.We tried disputing previously because the appraiser did not note any of the damage which we have contract estimates for.  VA and the appraiser were…"
yesterday
Brett Goldsmith replied to Rose Beaverson's discussion VA Short Sale Appraisal Value Dispute in the group VA Compromise Sales
"Contact VA and try to speak to the assigned rep that overseas your region when it comes to matters like this. Disputing VA appraisals isn't an easy thing. Remember, they typically want to NET 85.05% minimum of the appraised…"
yesterday
Rose Beaverson added a discussion to the group VA Compromise Sales
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VA Short Sale Appraisal Value Dispute

We have received a second appraisal from the short sale lender that is far too high for the condition of the property and the market.Ironically the short sale lender is stating the value is the same as the previous appraisal.  We are waiting to…See More
yesterday
3 Comments
Rose Beaverson joined Wendy Rulnick's group
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VA Compromise Sales

Group devoted to discussions for Veterans Administration short sales, called Offers in Compromise, or VA Compromise Sales.See More
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Kisung Park posted a status
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Lili Youngblood replied to Lili Youngblood's discussion NOVAD and HUD with reverse mortgage
"I realize it is a very short process. Its been 15 weeks since I submitted the original contract to NOVAD with endless revisions to the CD. My contact from NOVAD finally responded today and said that HUD denied the short sale which now requires…"
Aug 14
Brett Goldsmith replied to Lili Youngblood's discussion NOVAD and HUD with reverse mortgage
"Short sales aren't quick unfortunately. If you can get it approved within a month or two consider it a blessing as that's faster than most. Hopefully a manager or your rep can push it through quickly for you and your client. Best of…"
Aug 14
Lili Youngblood posted a discussion

NOVAD and HUD with reverse mortgage

I have a 92 year old seller who is now in the hospital. He has a reverse mortgage. I've submitted all docs to NOVAD who was to forward to HUD for approval. Initially NOVAD said it would take approximately 2 weeks to get approval. We are closing in…See More
Aug 14
2 Comments
 
 
 

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