I need some assistance with a Foreclosure Sale Date Postponement on a loan with Quicken. Working on the file with the negotiator who says it's approved and I should have approval letter today, however wants me to close it by 11/7/13, next Thursday = Foreclosure Sale Date and they won't Postpone it, says her hands are tied. This date was just set last week and we have not requested any postponements before I have a qualified buyer who must perform due diligence and we need more time to get it closed. It is a Fannie Mae backed loan and I have Escalated with them as well to assist me with FSD Postponement. Any contacts at Quicken in the Foreclosure Department and/or Management would be greatly appreciated, I have spoken with the Trustee and they will postpone if Quicken instructs them to.my negotiator has been great, but appears I need to go to another department for assistance. Thanks Robin
Tags:
Robin,
I'd start off by speaking to your negotiators supervisor and ensuring that the FNMA home path case is opened as FNMA typically should postpone if there is an approved offer. Is this a cash or financed buyer?
310-564-6389
© 2024 Created by Short Sale Superstars LLC. Powered by
Short Sale Superstars, LLC and www.ShortSaleSuperstars.com does not endorse the real estate agents, loan officers, attorneys, real estate brokers and other participants listed on this site. These real estate profiles, blogs, blog entries and forums are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a short sale. Short Sale Superstars, LLC takes no responsibility for the content on these pages that are written by the members of this community.