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Not a short sale but an REO, really funny!!

Check out these realtor remarks that I saw in MLS today for a BofA REO condo that is classified as a condo-tel by Bank of America. COMBO LO…

Started by Jeff Payne in Short Sale Discussions

13 Nov 17, 2009
Reply by Jeff Payne

Has anyone used or have heard of Pre-Negotiated Short Sale Services?

I just spoke with an agent in my area about a listing that he has been having for over 450 days. About two weeks ago, the list price was re…

Started by MeLisa Minter in Short Sale Discussions

2 Nov 17, 2009
Reply by MeLisa Minter

3 short sale approvals

Details... Mortgage amount 228,000 Offer amount 130,000 Net amount to lender: 119,100 Commission paid 6% Total release, no note, no defici…

Started by Jeff Payne in Short Sale Discussions

6 Nov 16, 2009
Reply by Jeff Payne

I am the buyer's agent and my buyer just got notice that the "short sale" seller is now in Bankruptcy. Any Advice?

Today has been one of those days. A delayed closing, a buyer walked, and to top it off a bankruptcy notice to one of my buyers regarding th…

Started by Clayton Bonjean in Short Sale Discussions

7 Nov 12, 2009
Reply by Clayton Bonjean

Having trouble with short sales once you get approval?

Lately I have been running into issues of the closers on the files not responding to me. We may need an extension, HUD approval or a simple…

Started by Jeff Payne in Short Sale Discussions

1 Nov 11, 2009
Reply by Wendy Rulnick

Please update your member data!!!

Hello everyone, As you can tell Bryant and Wendy are hard at work on the best short sale sight anywhere. Many of you may or may not know th…

Started by Jeff Payne in Short Sale Discussions

4 Nov 10, 2009
Reply by Jeff Payne

Short Sale versus Deed in Lieu of Foreclosure

Why would a homeowner prefer to go down the short sale route instead of deed in lieu of foreclosure? It seems like in DILF, the debt may be…

Started by Loreena Yeo in Short Sale Discussions

2 Nov 10, 2009
Reply by Wendy Rulnick

More Bank of America stupidity

I recently got a BofA approval and the offer is more than the BPO, buyer lost his job and can not close. I have another buyer same day, Bof…

Started by Jeff Payne in Short Sale Discussions

4 Nov 9, 2009
Reply by Jeff Payne

Bank Of America

Anyone know a good system for them? They say to my seller...your just 1 in a stack of hundreds...but with the sheer number of Short Sale of…

Started by Melissa Polce in Short Sale Discussions

1 Nov 9, 2009
Reply by Jeff Payne

Please cheer me on... 2 short sale listings in 2 days

I'm super excited about the 2 short sale listings I took in 2 days. And I know I have this REAL group that can help me along the way. It's…

Started by Loreena Yeo in Short Sale Discussions

5 Nov 8, 2009
Reply by Kent Dills

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