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Caliber Home Loans? Charges agents FEE to use their negotiation system???

Posted by Smitty on July 18, 2013 at 8:31am in Short Sale Discussions

We have a new sale that came in and it went from Vericrest to Caliber.  Haven't dealt with them so we went to their site which directs you to res.net in which you must sign up and pay $30 month to use the software to negotiate the sale??? 

 

Anyone heard of this or run into it before?

 

Fannie Mae backed.  I feel like tacking the fees onto the sale.

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Replies

  • Celeste ODea July 21, 2013 at 1:56am

    @Pattie - Can you do that with all Fannie Mae loans?

    • Ken Ryan > Celeste ODea July 23, 2013 at 7:58am

      Fannie Mae is now requesting on all Fannie Mae short sales that all offers are submitted direct to Fannie at the same time the offers are submiited to the servicer.This is accomplished by using the HomePath Short Sale site.

  • Pattie Johnson July 20, 2013 at 9:15am

    I would recommend you use the HomePath website to submit your packet direct to Fannie Mae. There is a short sale tab and you can submit your package at the same time you're submitting to the servicer.

    • Smitty > Pattie Johnson July 22, 2013 at 4:20am

      I may do that.

  • Smitty July 19, 2013 at 7:37am

    Well I was told I can get a FREE 30 day trial, but then it's $30/month.

    Seriously?  I don't pay to use Equator..shouldn't that be a servicer paid fee?

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