Replies to This Discussion

Permalink Reply by Ben Benita on March 10, 2010 at 11:25am

Gail, ALWAYS glad to work with good agents....where are you located?

Permalink Reply by Gail Oleaga on March 10, 2010 at 12:19pm

Phoenix, Arizona Been a Realtor since 1981

Ben Benita said:

Gail, ALWAYS glad to work with good agents....where are you located?

Permalink Reply by Amy Cole on April 8, 2010 at 5:28am

Gail, I am wondering what happened with your postponement....were you able to continue with the short sale to get the deal to work?

Permalink Reply by Gail Oleaga on April 8, 2010 at 6:02am

Hi,

Nope. I went to the executive offices of Wells Fargo and Freddie Mac and they foreclosed even though I had a short sale approval. They said she had too many postponements . . .

Thanks for asking!

Permalink Reply by Amy Cole on April 8, 2010 at 6:14am

Hi Gail, hey thanks for your response, same thing happened to me this week. It was my home and had a junior lender PNC that just wouldn't budge on the huge settlement demand so Wells just foreclosed it and now they get nothing, it's a shame because everything was lined up and ready to go. I went down to the courthouse to watch it go to auction. gave me some "closure" to the 9 month ordeal. When I informed PNC that it foreclosed they seemed shocked and wanted all the supervisors to talk to me about this... maybe they are learning that the primary lenders give several chances but then will just 'take' it if the junior lender won't co-operate with the compromise that everyone is making in the deal. Thanks again for your communication.

Gail Oleaga said:

Hi,

Nope. I went to the executive offices of Wells Fargo and Freddie Mac and they foreclosed even though I had a short sale approval. They said she had too many postponements . . .

Thanks for asking!

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