"First, Thanks Brett for a quick response. I'm not sure who the investor is and yes I've spoke to management and they had the same sentiments as the rep. I'm kind of lost for words because there're not willing to budge. My next…"
"Tough situation. Who is the investor on the note? Can they be contacted or have you spoken to senior management at Rushmore about ordering a new value? I've seen small private investors who have recently bought non performing notes take their…"
I currently working on a short sale with Rushmore. There're holding firm on a 200K net with no regards to the certified engineer report. The engineer report states the property has about 40K in repairs to bring the property into compliance. They're…See More
"Hate to be the bearer of bad news. You are most likely wasting your time on this short sale. Even if you accept the 112K, HUD will most likely deny the variance because the property is not marketable"
Beaumont, California Short Sale REALTORS - Helping People with the Short Sale ProcessAre you under-water on your Beaumont, California home? Have you experienced a hardship that has made paying your mortgage difficult or impossible? We can help you.…See More
"Yes, they can still be reviewed for a short sale. They are not eligible for HAFA due to loan origination date. What type of loan did borrower use to purchase the home? They may be able to qualify for another relocation incentive but I would not…"
"It depends on how long the property has been vacant for and also the reason they moved as seen in the guideline below from Allan. A variance may need to be submitted and approved to allow the borrower into the Pre Foreclosure Sale…"
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