Hello. I am working a short sale right now, with no offer. The lender in 2nd position is "spring leaf financial" I have called them to send my 3rd party authorization. I have asked them for a list of documents i will need to submit and was told, "oh we have never done a short sale here at this office. Once you get an offer call us back and we will figure it out then"
As you can imagine not comforting. I have tried to get more information in other areas and have had no success. Any help would be greatly appreciated.
Thank,
Casey Nicholas
NORVANT Short sale negotiator
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WOW. Tracy that is some good information. You are correct i did have a local branch number, i will try yours from now on. The lender in 1st position just happens to be BOA, and they are going thru HAFA evaluation now. They do not yet have an offer on the property. They owe less than 20k on the 2nd so i do not know if that will make it easier or harder. How long did it take to get an approval from them? I only ask because i am wondering if i am better off waiting to initiate with them until i have an offer to avoid an approval to soon that will expire before i receive one from BOA. Oh what fun jobs we have. LOL
Let me know how yours turns out. Thanks again for all the insite on this lender!
Hi Casey, I have full short sale approval on both BOA and Springleaf as of 20 minutes ago. Got the contract in April and will be closing by July 29!!!!!! Third short sale approval today!!!!! Good luck with yours!!!
Thanks, Tracy
Hi Casey, I have full short sale approval on both BOA and Springleaf as of 20 minutes ago. Got the contract in April and will be closing by July 29!!!!!! Third short sale approval today!!!!! Good luck with yours!!!
Thanks, Tracy
How do you get the loan moved from the local branch to someone who knows what they are doing? We have been trying to do a short sale thru the branch and they don't know what they are doing. Even talked to district manager and he is unwilling to do anything. BOA is the first but the offer will pay them off. We are asking Spring Leaf to release the lien at least. The didn't really know what the BPO was, so they ordered an appraisal. Our offer is right on the appraisal and they still refuse to do it. HELP! Nancy
Tracy Hatchell said:
Hi Casey, I have full short sale approval on both BOA and Springleaf as of 20 minutes ago. Got the contract in April and will be closing by July 29!!!!!! Third short sale approval today!!!!! Good luck with yours!!!
Thanks, Tracy
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