"Xome.com/Homesearch.com are affiliates of Nationstar and owned by the same investor. The investor wants to generate revenue through the auction process, 5% premium, so they will always steer short sales to this platform I…"
"I am not sure of the actual "rules", but, I DO know generally if you make a big enough fuss about it, to the right people, you can get around it.
It is generally NOT an Investor requirement/directive, but something "strongly…"
"We have been able to circumvent the RIDICULOUS Auction.com process on a handful of occasions, but it is a pain in the rear!
Glad to get my team involved if you email me - Ben@ShortSaleShop.net
Guessing the obvious, no one will pay anything near…"
"I haven't had one pulled from Auction yet. In fact, even though the auction is over, and I bring them a new offer, they re-start the auction process. The sellers are happy, they're living in their homes for free.…"
I am currently working with Pennymac trying to send them a cash offer which they are refusing due to their 37 day rule (short sales need to be submitted 37 days before a foreclosure). Is there an escalation number I can contact?See More
"Since I don't see NS getting offers higher than our original offers, I agree with your concern that their goal is to get their 5% premium. I'm hoping it is just a matter of time until a government agency catches wind of their antics…"
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