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Kondaur Capital not accepting a short sale

Started by Catherine Gheen in Short Sale Discussions. Last reply by Brett Goldsmith Jun 27. 1 Reply

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Short Sale Questions Or Help?

If you need short sale help or have questions about a specific short sale transaction please reach out to our community of specialists at 1-888-664-6964. We are happy to answer any questions and help point you in the right direction to accomplish…See More
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Jun 27
Brett Goldsmith replied to Catherine Gheen's discussion Kondaur Capital not accepting a short sale
"Unfortunately servicers are not forced to review short sales. Most will, but at times certain accounts and servicers won't review short sales at all."
Jun 27
Catherine Gheen posted a discussion

Kondaur Capital not accepting a short sale

I submitted a file to Kondaur Capital on a home in Califonria.  they were granted a Motion for Relief and will  not review the short sale.  I filed a complaint with the DOJ and nothing seems to be helping.  the trustee is Wilmington Saving Fund…See More
Jun 26
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Catherine Gheen replied to Wendy Rulnick's discussion Kondaur Capital
"I submitted a short sale with Kondaur and the borrower is in a bk.  They will not respond to the offer as they said they received a Motion for Relief. Are you still doing short sales with them? Thank you for your response. Sincerely, Catherine…"
Jun 26
Terry Hammill added a discussion to the group VA Compromise Sales
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Servicer Guidelines for Compromise Sale

Does anyone have a copy of a current servicer guide for VA Compromise sales?  Having issues with Navy Fed cutting commissions and some standard fees claiming the VA allows them to..... when speaking with the VA, they state otherwise.  Navy Fed is…See More
Jun 26
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Terry Hammill 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
Jun 26
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Profile IconCarlos Montano and Gingergaye Holowel joined Short Sale Superstars
Jun 21
Chad Gelsinger replied to Guerry Clegg's discussion Borrower current in the group VA Compromise Sales
"Hi Guerry, We have never closed a VA Compromise Sale with the Borrower being current. VA regulations typically require 60 days of delinquency. It makes sense the Servicer will not close without the VA backing. I would agree with Brett, where the…"
Jun 19
Brett Goldsmith replied to Guerry Clegg's discussion Borrower current in the group VA Compromise Sales
"Maybe they were okay with not taking out a claim after that sale if the deficiency was small. Most servicers won't approve short sales for FHA or VA if they won't pay out the…"
Jun 19
 
 
 

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