Short Sale Superstars2024-03-29T11:22:39ZEric Middlebrookhttp://shortsalesuperstars.com/profile/EricMiddlebrookhttp://storage.ning.com/topology/rest/1.0/file/get/3144311406?profile=RESIZE_48X48&width=48&height=48&crop=1%3A1http://shortsalesuperstars.com/forum/topic/listForContributor?user=1k8zccvdtxlm8&feed=yes&xn_auth=noSolar Panel Lien Negotiationstag:shortsalesuperstars.com,2024-03-14:3468065:Topic:5047352024-03-14T20:44:46.167ZEric Middlebrookhttp://shortsalesuperstars.com/profile/EricMiddlebrook
<p>Anyone have any success at negotiating Solar Panel liens as a second/subordinate lien? I've got 1 in Texas and 1 in Florida. Both are major road blocks. </p>
<p>Anyone have any success at negotiating Solar Panel liens as a second/subordinate lien? I've got 1 in Texas and 1 in Florida. Both are major road blocks. </p> Looking for a short sale agent in Alexandria Vatag:shortsalesuperstars.com,2023-12-29:3468065:Topic:5041662023-12-29T19:55:52.102ZEric Middlebrookhttp://shortsalesuperstars.com/profile/EricMiddlebrook
<p>Who do you know who does short sales in Alexandria, Va or surrounding areas?</p>
<p></p>
<p>Deb Orth</p>
<p>Coach House Realty<br/>Glen Allen Va 23060</p>
<p>804 314-4575</p>
<p>Who do you know who does short sales in Alexandria, Va or surrounding areas?</p>
<p></p>
<p>Deb Orth</p>
<p>Coach House Realty<br/>Glen Allen Va 23060</p>
<p>804 314-4575</p> Looking to add a few referral partnerstag:shortsalesuperstars.com,2023-12-23:3468065:Topic:5044342023-12-23T19:39:13.853ZEric Middlebrookhttp://shortsalesuperstars.com/profile/EricMiddlebrook
<p>I am looking for a few additional websites to add for short sale listing business. Is anyone pleased with any particular websites slash companies currently? </p>
<p>I am looking for a few additional websites to add for short sale listing business. Is anyone pleased with any particular websites slash companies currently? </p> USDA as Investor / PennyMac as Servicertag:shortsalesuperstars.com,2023-03-07:3468065:Topic:5008332023-03-07T18:48:10.554ZEric Middlebrookhttp://shortsalesuperstars.com/profile/EricMiddlebrook
<p>We're currently working on a short sale where PennyMac is the servicer and USDA is the investor. PennyMac relayed their appraised value and the required minimum net needed for approval. We submitted an offer that exceeded the minimum net required, but the USDA still denied the short sale stating that the appraisal listed 113k in repairs needed to the property. Their official denial was that it was denied due to excessive repairs needed. This is also an estate deal so the seller is a…</p>
<p>We're currently working on a short sale where PennyMac is the servicer and USDA is the investor. PennyMac relayed their appraised value and the required minimum net needed for approval. We submitted an offer that exceeded the minimum net required, but the USDA still denied the short sale stating that the appraisal listed 113k in repairs needed to the property. Their official denial was that it was denied due to excessive repairs needed. This is also an estate deal so the seller is a representative of the estate and has never lived in the property.</p>
<p>Has anyone had any luck getting around this/ disputing this? The appraisal and subsequent offer are reflective of the true as is value so it doesn't make sense why they would deny the short sale. Any recommendations are greatly appreciated!</p> Software/membershiptag:shortsalesuperstars.com,2023-01-20:3468065:Topic:5001012023-01-20T22:13:06.954ZEric Middlebrookhttp://shortsalesuperstars.com/profile/EricMiddlebrook
<p>What skip tracing tools that finds cell # for HO and allows you to search who lives at a subject address and bankruptcy potential previous filings are you using? Similar to lexis nexus or tlo?</p>
<p>What skip tracing tools that finds cell # for HO and allows you to search who lives at a subject address and bankruptcy potential previous filings are you using? Similar to lexis nexus or tlo?</p> Newrez (PHH) & Real Time Resolutions - short payoff allowed even if 1st isn't short? Current allowed contributions to Jr lienstag:shortsalesuperstars.com,2023-01-12:3468065:Topic:5000832023-01-12T20:29:58.209ZEric Middlebrookhttp://shortsalesuperstars.com/profile/EricMiddlebrook
<p>Hi All:</p>
<p>I have a listing where I thought I had crossed all the T's and dotted the I's. Long story short (pun), the payoff on the 1st is significantly higher due to arrears and other fees accumulated during 2 loan modifications. </p>
<p>SUMMARY:</p>
<p>1st Newrez (PHH) - est $425k payoff</p>
<p>2nd RTR - est $240k payoff</p>
<p>3rd Private - est 25k (verbally agreed to 12k) </p>
<p>IRS - $25,0000</p>
<p>FTB - $3,000</p>
<p>HOA - $3,000</p>
<p></p>
<p>Shortfall is likely around…</p>
<p>Hi All:</p>
<p>I have a listing where I thought I had crossed all the T's and dotted the I's. Long story short (pun), the payoff on the 1st is significantly higher due to arrears and other fees accumulated during 2 loan modifications. </p>
<p>SUMMARY:</p>
<p>1st Newrez (PHH) - est $425k payoff</p>
<p>2nd RTR - est $240k payoff</p>
<p>3rd Private - est 25k (verbally agreed to 12k) </p>
<p>IRS - $25,0000</p>
<p>FTB - $3,000</p>
<p>HOA - $3,000</p>
<p></p>
<p>Shortfall is likely around $50k</p>
<p></p>
<p>1. Will newrez entertain a short payoff since the principal is really around $380k? Back in the 2010 era the first would only allow to be made whole </p>
<p>2. Would the 1st or 2nd allow any proceeds to go to the seller? </p> States prohibiting 3rd party negotiatorstag:shortsalesuperstars.com,2023-01-06:3468065:Topic:4998722023-01-06T19:23:21.644ZEric Middlebrookhttp://shortsalesuperstars.com/profile/EricMiddlebrook
<p>I have done short sale and helped many brokers in about 15 different states. I recently have found out that there are certain states that STRICTLY prohibit 3rd party negotiations(someone that is not the agent or broker or working for the listing brokerage) unless done by an attorney. Anyone know about this and or what states are ok with what? Think this could be a cool collaboration from our short sale nation. Where are you from and what are your local rules? HAPPY NEW YEARS! MAY ALL…</p>
<p>I have done short sale and helped many brokers in about 15 different states. I recently have found out that there are certain states that STRICTLY prohibit 3rd party negotiations(someone that is not the agent or broker or working for the listing brokerage) unless done by an attorney. Anyone know about this and or what states are ok with what? Think this could be a cool collaboration from our short sale nation. Where are you from and what are your local rules? HAPPY NEW YEARS! MAY ALL YOUR DEALS BE APPROVED AND CLOSE THIS YEAR!</p> short sale bank asking for above their BPO valuetag:shortsalesuperstars.com,2022-10-21:3468065:Topic:4984842022-10-21T16:36:57.990ZEric Middlebrookhttp://shortsalesuperstars.com/profile/EricMiddlebrook
<p>Can a short sale bank ask for above their BPO value?</p>
<p>Selene BPO value came in at 375K and they are denying it countering at 430K. Can they do that? If not who can I report this to? </p>
<p>Can a short sale bank ask for above their BPO value?</p>
<p>Selene BPO value came in at 375K and they are denying it countering at 430K. Can they do that? If not who can I report this to? </p> Short sale value disputetag:shortsalesuperstars.com,2022-10-21:3468065:Topic:4987812022-10-21T16:21:57.587ZEric Middlebrookhttp://shortsalesuperstars.com/profile/EricMiddlebrook
<p>Been having a hard time getting short sales approved with banks that are looking for market value with properties that are handy man and in bad conditions. Any suggestions?</p>
<p>Been having a hard time getting short sales approved with banks that are looking for market value with properties that are handy man and in bad conditions. Any suggestions?</p> How do I get a Payslip/Pay Stub??tag:shortsalesuperstars.com,2022-10-05:3468065:Topic:4977612022-10-05T13:05:11.493ZEric Middlebrookhttp://shortsalesuperstars.com/profile/EricMiddlebrook
<p>How do I get a Payslip/Pay Stub??</p>
<p>How do I get a Payslip/Pay Stub??</p>