HAS THIS HAPPENED TO YOU? - Short Sale Superstars2024-03-28T19:47:20Zhttp://shortsalesuperstars.com/forum/topics/has-this-happened-to-you?commentId=3468065%3AComment%3A396890&x=1&feed=yes&xn_auth=noInteresting. Planet Home just…tag:shortsalesuperstars.com,2019-03-19:3468065:Comment:3968902019-03-19T19:45:14.565ZMinna Reidhttp://shortsalesuperstars.com/profile/MinnaReid
<p>Interesting. Planet Home just bought this loan. They also refuse to order an interior valuation, they have no counter, and simply keep repeating their response of "we want more" to the contract in hand, which the buyer has already increased, and quite frankly is more than fair. </p>
<p>I cant imagine they would drag it through foreclosure which here in CT could take a year or more and costs lenders a fortune. I also don't see how they have a successful strategy or estimates of fixing up for…</p>
<p>Interesting. Planet Home just bought this loan. They also refuse to order an interior valuation, they have no counter, and simply keep repeating their response of "we want more" to the contract in hand, which the buyer has already increased, and quite frankly is more than fair. </p>
<p>I cant imagine they would drag it through foreclosure which here in CT could take a year or more and costs lenders a fortune. I also don't see how they have a successful strategy or estimates of fixing up for resale when they've never even seen the interior of the property. </p>
<p>Just none of it makes sense and now we've been at stalemate for weeks. </p> I wasn't implying it was wron…tag:shortsalesuperstars.com,2019-03-19:3468065:Comment:3966352019-03-19T19:35:09.476ZMinna Reidhttp://shortsalesuperstars.com/profile/MinnaReid
<p>I wasn't implying it was wrong, just very unusual. And yes it was "convince your seller" type situation ...which was even more weird.</p>
<p>I wasn't implying it was wrong, just very unusual. And yes it was "convince your seller" type situation ...which was even more weird.</p> Yes. Had it happen with a Ru…tag:shortsalesuperstars.com,2019-03-18:3468065:Comment:3966322019-03-18T16:27:56.553ZSmittyhttp://shortsalesuperstars.com/profile/Smitty
<p>Yes. Had it happen with a Rushmore serviced loan where I spoke to investor and bypassed Rushmore and they said the plan was to just get a DIL or FC because they were sending out builder to renovate and get the profit. Interestingly this happened two years ago and the house is still sitting vacant. In these cases I would LOVE the seller to go to small claims and SUE the lender. Mind you they had a value on the property for 224,000 and we got buyer to go to that amount for the short sale…</p>
<p>Yes. Had it happen with a Rushmore serviced loan where I spoke to investor and bypassed Rushmore and they said the plan was to just get a DIL or FC because they were sending out builder to renovate and get the profit. Interestingly this happened two years ago and the house is still sitting vacant. In these cases I would LOVE the seller to go to small claims and SUE the lender. Mind you they had a value on the property for 224,000 and we got buyer to go to that amount for the short sale and then, they foreclosed for 235,000. <br/><br/>Also had it happen on a Mass Housing loan. So weird.</p> I've had this suggested to me…tag:shortsalesuperstars.com,2019-03-01:3468065:Comment:3968842019-03-01T16:31:24.699ZBrett Goldsmithhttp://shortsalesuperstars.com/profile/BrettGoldsmith
<p>I've had this suggested to me a few times, but it was never a "convince" your seller. My experience with Planet Home Lending is limited, but I do recall at least one transaction with them that they put me through the ringer and were doing things no other servicer had ever done to me before. Doesn't mean it's wrong though, just non traditional.</p>
<p>I've had this suggested to me a few times, but it was never a "convince" your seller. My experience with Planet Home Lending is limited, but I do recall at least one transaction with them that they put me through the ringer and were doing things no other servicer had ever done to me before. Doesn't mean it's wrong though, just non traditional.</p>