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Short Sale Specialist Network

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Forum

Nationstar

Started by Jane Davies in Short Sale Discussions. Last reply by Brett Goldsmith yesterday. 1 Reply

Section 8 Tenant in Duplex being short sold!

Started by Ann E Richardson in Short Sale Discussions. Last reply by Marti Sauers 6 hours ago. 5 Replies

Do FHA Short Sale Limits Buyer Closing Cost to 1% ALWAYS?

Started by Frank Biganski in Short Sale Discussions. Last reply by ElizabethWeintraub00697006LyonRE 2 hours ago. 8 Replies

HAFA 2nd lien release

Started by Tony and Robin Pickett in Short Sale Discussions. Last reply by Kevin - Greenville, SC on Thursday. 8 Replies

Help with GreenTree...

Started by James Mulhern in Short Sale Discussions. Last reply by Brett Goldsmith on Wednesday. 4 Replies

Citizens Bank

Started by Jill Schappel in Short Sale Discussions. Last reply by Ron Scribner on Tuesday. 2 Replies

HELP! Seterus

Started by Robin Lemmons in Short Sale Discussions. Last reply by Robin Lemmons on Thursday. 9 Replies

Any help in shortsales for Disable Vets???

Started by Charlotte Lloyd in Short Sale Discussions. Last reply by Kevin - Greenville, SC on Thursday. 11 Replies

I Need your help and you Need mine!!!

Started by Douglas Juenke in Short Sale Discussions. Last reply by Harry Clay on Thursday. 4 Replies

 

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Latest Activity

Loren Hoboy replied to Frank Biganski's discussion Wells Fargo Short Sale - About to enter foreclosure status next month - Need Advice
"Like Tony's comment about Missouri, here in Arizona one can get foreclosure sale dates postponed by WF as long as they get my SS Package at least 10 days before the scheduled sale date.  More time would be…"
1 hour ago
Profile IconRebecca Howard and Gary Waters joined Wendy Rulnick's group
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Short Sale Referrals

Post your referral needs here! Join this group to be automatically notified of new referrals for listings or buyers!See More
1 hour ago
ElizabethWeintraub00697006LyonRE replied to Frank Biganski's discussion Do FHA Short Sale Limits Buyer Closing Cost to 1% ALWAYS?
"It sounds like the listing agent is on the ball and trying to protect his seller by obtaining the offer that is the easiest for HUD to approve. That would be an offer with a limit of 1% toward closing costs. Does this mean that HUD will never…"
2 hours ago
Thalia Poulos replied to Thalia Poulos's discussion Will investor ever deal directly with the shortsale buyer and hold paper
"Thank you, everyone.  I have my answer.  Especially enjoyed Wayne Brooks' "but sometimes 'outside the box' is the same as "not in touch with realitly'".  Best of luck to all you in your short…"
2 hours ago
Tracy Johnson posted a discussion

Need Advice for U.S. bank Short Sale (both 1st and 2nd)

So everyone knows U.S. bank is one of the few worst lenders to deal with for short sale, I'd like to know any good advice for my scenario below: The underwriter for our first (U.S. bank Home mortgage) has request "the letter of intent to release" in…See More
3 hours ago
Tony Watkins replied to Frank Biganski's discussion Wells Fargo Short Sale - About to enter foreclosure status next month - Need Advice
"Hi Frank You need to turn in a complete short sale package except the offer right away. Make sure you have a legit hardship and then call and ask them when they are doing the appraisal. Once you get that offer, then turn it in right away as well.…"
3 hours ago
Tony Watkins replied to Linda Cadotte's discussion US Bank Escalation Contact Needed
"Hi Linda You need to find out who the investor is. If it is Fannie, you can escalate through homepath, FHA you can escalate through FHA call center  877-622-8525.  I am doing an FHA US Bank escalation as we speak and I am making progress.…"
4 hours ago
Jim McCormack replied to Frank Biganski's discussion Do FHA Short Sale Limits Buyer Closing Cost to 1% ALWAYS?
"FHA allows 1% of the Buyer's Mortgage Loan amount for FHA buyers only. I have had buyers get 1% of the sale price (usually a very small difference) and you can request a variance for more than 1%, but it will delay the approval at best and it…"
4 hours ago
Jackie W. McDermott replied to Thalia Poulos's discussion Will investor ever deal directly with the shortsale buyer and hold paper
"Loved your last line Marti.  Good chuckle for a Sunday morning."
4 hours ago
Wendy Rulnick liked Bryant Tutas's blog post NEWSLETTER: Does FHA PFS Always Limit Closing Costs Assistance To 1%?
5 hours ago
Shel-lee Davis replied to Linda Cadotte's discussion US Bank Escalation Contact Needed
"Great info Ron, as always.  I agree with your caution when going to the FDIC. Use them when the bank is really violating the rights of your client, not just when you are angry at your negotiator."
5 hours ago
Susan Sandoz joined Jeff Payne's group
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US Bank

US Bank services Florida Housing loansPh#: 1-800-365-7900Fx#: 1-866-563-9508See More
5 hours ago
Tony Morganti commented on Wendy Rulnick's group Chase
"Can anyone tell me if Chase will pay past due condo homeowner fees, buyers closing costs, or a home warranty as part of a short sale.  They are first lien holder and there is no second. "
5 hours ago
Marti Sauers replied to Ann E Richardson's discussion Section 8 Tenant in Duplex being short sold!
"I worked with Section 8 qualified housing in Missouri and know LLTT rights in AZ.  But, it will really depend on California code regarding Tenancy.  In AZ, the lease runs with the land.  A short sale doesn't affect Tenant's…"
6 hours ago
Kathy Fuhriman replied to Thalia Poulos's discussion Will investor ever deal directly with the shortsale buyer and hold paper
"The buyer is likely thinking that he could just take over the loan that is being shorted. If the lender was in a position to do that don't you think that notion would be made public for all buyers to inquire about? The lender the seller is…"
6 hours ago
Dirk Jeanis replied to Frank Biganski's discussion Wells Fargo Short Sale - About to enter foreclosure status next month - Need Advice
"Sounds like a FUN file to play with!!!. You didn't mention what type of foreclosure, administrative (trustee with right to non-judicial) or legal (court based) action. This is always inportannt information when asking such questions. Be sure…"
6 hours ago
 
 
 

13 Training Sessions

$25 Each

(Audios are 45-90 min each).

  • Why a Short Sale?
  • Qualifying The Seller
  • Pricing and Marketing The Property
  • Negotiating Techniques 1
  • HUD1 Tips
  • Escalation and Communication Tips
  • Disputing Bad BPOs
  • Cash Contributions and Prom Notes
  • Negotiating Junior Liens
  • Lead Generation
  • 10 Short Sale Mistakes
  • VA, HAP and FHA
  • Getting Short Sales Closed

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