Replies to This Discussion

Permalink Reply by Lillie Handy Dominguez on April 28, 2011 at 10:03am

Susan, Congratulations...and you are absolutely correct.....keep asking and persisting.....One of my Sellers also received a full deficiency waiver last summer.

Permalink Reply by Susan Milner, SFR, CDPE, GRI on April 28, 2011 at 10:40am

Thanks Lillie,

 

This was the first time I wasn't able to get them to agree to a full waiver of the deficiency (usually have to offer at least $500 or $1,000 cash at closing to get it) but this time they were claiming it was 'against their investor guidelines'. So glad to finally get it worked out :) And congrats on yours last summer!

Permalink Reply by Joe Barnwell on May 3, 2011 at 6:50am

Great job Susan!!!

Permalink Reply by Shannon Renner on May 3, 2011 at 9:05am

Hi Susan~

Who was the investor by the way?  Just so we all know for future reference.

Susan Milner, SFR, CDPE, GRI said:

Thanks Lillie,

 

This was the first time I wasn't able to get them to agree to a full waiver of the deficiency (usually have to offer at least $500 or $1,000 cash at closing to get it) but this time they were claiming it was 'against their investor guidelines'. So glad to finally get it worked out :) And congrats on yours last summer!

Permalink Reply by Susan Milner, SFR, CDPE, GRI on May 3, 2011 at 9:11am

Good question Shannon. They never told me. I just double checked if it was FNMA or Freddie Mac but it is neither of those....

Permalink Reply by Shannon Renner on May 3, 2011 at 9:39am

Have you tried looking the loans up on MERS?  Try looking them up at the site below.  It should tell you who the investor is.

https://www.mers-servicerid.org/sis/search

Susan Milner, SFR, CDPE, GRI said:

Good question Shannon. They never told me. I just double checked if it was FNMA or Freddie Mac but it is neither of those....

Permalink Reply by Lillie Handy Dominguez on May 3, 2011 at 10:12am

Not sure who the investor on my BofA short sale was.  .

Shannon Renner said:

Hi Susan~

Who was the investor by the way?  Just so we all know for future reference.

Susan Milner, SFR, CDPE, GRI said:

Thanks Lillie,

 

This was the first time I wasn't able to get them to agree to a full waiver of the deficiency (usually have to offer at least $500 or $1,000 cash at closing to get it) but this time they were claiming it was 'against their investor guidelines'. So glad to finally get it worked out :) And congrats on yours last summer!