"Jim, if there's a decrease in the Net, the approval will have to change and that's what could take on a new review. Generally, it doesn't take as long as the earlier process but it depends on a few factors. One may be whether the…"
"I represent the buyer in this one.
We received BoA SS approval and started inspections.
6K worth of pest damage discovered under the house.
The sellers' negotiator says that if the buyer requests a credit that she has to start over with BoA.…"
"If you have a short sale assignment with RealTime Resolutions, be very cautious in the way you or your agent work with this debt collector. RTR is an unsophisticated predatory boutique debt collector that primarily works non-mortgage debt.…"
"I am negotiating a FHA short sale where the servicer (Kentucky Housing Corporation) owns the second mortgage. They are refusing to order the appraisal because they said they would get in trouble by FHA for ordering it when they know it is worth more…"
"Jim, I'm having horrible issues with Wells Fargo and appraisals. I spent 3 hours on the phone with them, refusing to get off the phone until they found the appraisal I made them do and send it to me. Lies and games and 3 hours later they…"
"The home was listed in August of 2016 at $129,900 In November the price was dropped to $119,900. We put in an offer of $110,000 in Late December. We reviewed all the comps in the area with our Realtor so $110,000 seemed like a fair price taking into…"
Back in December My wife and I put in an offer on a Short Sale. Yesterday my Realtor advised us that the sellers bank had completed the appraisal (Original loan is a VA loan) and our offer was too high. They advised us to re-submit for $40K less…See More
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