Short Sale Discussions (4,385)

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Does additional Buyer contribution to junior lien need to show on first lien's approval letter?PLUS the HUD?

Hi, Ocwen first and RTR second. Have Ocwen approval letter with them paying 8% of balance due to RTR.Ocwen contact said if I need more for…

Started by Pat Hood

2 Aug 17, 2018
Reply by Pat Hood

OCWEN NIGHTMARE!!!!! WONT initiate a file it is an Estate! And now put it on auction list!

Hi All, A few months ago I went into contract with a property in foreclosure. It's an estate and right when we went into contract I hired…

Started by Elliot Ambalo

3 Jul 25, 2018
Reply by Brett Goldsmith

REO FIRE HOW DOES SPS DEAL WITH IT

Does anyone know who do I contact to get the Forced Place policy to pay out? The place was burnt out and now its wide open/ I learned the D…

Started by Dot Nicklus

1 Jul 5, 2018
Reply by Brett Goldsmith

Shellpoint / Shell point refusing to order there own BPO or Appraisal.

Hi. im in middle of a short sale, with shell point. the property is sitting vacant for several years. No electric or running Water. And in…

Started by Elliot Ambalo

1 Jun 12, 2018
Reply by Darren Bell

Xome

So I just initiated a file in equator and got an email about this xome platform.  Then got a call and email from a REO company local to do…

Started by Rick Houser

1 May 28, 2018
Reply by Smitty

Nationstar’s Fraudulent Price Validation Program (Xome.com)

Has anyone lost a property to foreclosure while participating in Nationstar’s “Price Validation Program” or after being told that there are…

Started by Vantis Law Firm

3 May 28, 2018
Reply by Smitty

Preliminary Seller's Disclosure Form Rejection: Bad Math or A Bank Negotiating Tactic

Hello all, I am doing my first short sale in Brooklyn through SPServicing. It’s been going smoothly thus far with submitting the paperwork.…

Started by Julian Cover

2 May 28, 2018
Reply by Smitty

Short pay off with ocwen & Shellpoint / shell point

Any one have any experience doing a short pay off with Ocwen & Shell Point?

Started by Elliot Ambalo

4 May 28, 2018
Reply by Smitty

Short Sales Flipping to Foreclosures after denied Offers

I am noticing a theme with several different lenders moving files to auction/foreclosure after an offer is denied.  Valuations are coming i…

Started by Jeanine Whitehead

6 May 18, 2018
Reply by Elliot Ambalo

Nationstar and Xome for Short Sales

Hey Everyone! Looks like Nationstar is at it again trying a new auction house similar to auction.com...who has worked with this company? I…

Started by Kelly Magreevy

2 May 16, 2018
Reply by Smitty

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