Comment

Comment by Paola Martinsen on April 4, 2012 at 3:36pm

Does anybody have Matt Martin's contact info (Director at HUD)?. I need to escalate on an FHA short sale with Bank of America. I currently have 3 FHA short sales with BAC and all 3 have been out of compliance and a total mess. I got 1 UC and I have a buyer ready to go on the other one but BAC is taking months to even issue an ATP. The offer was sent in to the bank on 2/6 along with the packet, the appraisal was done on 2/29 and no ATP yet. Offer meets the 86% net :) I have attempted to contact the negotiator, supervisor, manager and even the VP and their response was to allow them more time and we cannot afford to loose this buyer! Any help is greatly appreciated :)

I love working with BAC via EQ but FHA short sales take too long and theres not enough accountability for the reps, also phase 1 and 2 is very inefficient. Im looking forward to the day BAC works their FHA short sales on Equator.

Comment by Corinn on March 21, 2012 at 8:24am

I'm with you, Christina.  Shout out to Kevin in Greenville, SC.  He's a big 'ol help!  Thanks Kevin!!!!

Comment by Christina Simmons on March 21, 2012 at 8:19am

Shout out to Kevin in Greenville, SC

Thank you so much with your help, I have made contact and hopefully will

see some movement on my file.. thanks again :0)

Comment by John Edelman on March 6, 2012 at 12:34pm

What problems are you having with them?

Comment by Paola Martinsen on March 6, 2012 at 12:20pm

Hello- does anyone have any contacts for a VP or higher for FHA short sales with Bank of America?

Comment by Celeste ODea on February 29, 2012 at 11:43am

I will get on my hands and knees for the phone number.  Send to me at [email protected] please.  If I have a better contact at Flagstar I won't mind helping someone out, but their process is archaic.  There is no reason why it should go thru so many levels and to think a buyer will just hang around for that long?  Meanwhile, the value of the property is going down, not up.  So, if you would Mike, please send me a contact number.  I would greatly appreciate it.

Comment by Mike Rosania on February 29, 2012 at 10:49am

I did get a contact in the Office of the President who did return my call and hopefully we will start moving. I also escalated with HUD. I have stayed on top of them from the onset. Before I took it on I knew what I was getting myself into but I felt compelled to help her and now completely understand why she just wanted to walk away as they have been very difficult to deal with. Everyone in this forum has been very helpful and appreciate all the advice and opinions. You are not alone as most agents I talk to will not take on a Flagstar short sale but myself on the other hand will try and do anything if it helps someone out of an already bad situation.I will definitely keep everyone posted!

Comment by Celeste ODea on February 29, 2012 at 9:57am

Flagstar taks a MINIMUM of 12 months to approve a short sale.  Find out who the Pres is and see what you can do to postpone the sale date. You will have to stay on top of them about the postponement of the sale date, but I'm afraid you just don't have enough time with this one.  I will never do another Flagstar short sale - they are the worst in the industry!  Best of luck to you and keep us posted! 

Comment by Mike Rosania on February 29, 2012 at 9:39am

I am working on a short sale with Flagstar and the sale date is 3/6/2012. I just had an offer signed off by seller but they are still reviewing retention options. I was told that a request was made to postpone sale for 30 days but not so sure what to do with the contract. Any advice?

Comment by Robert A. Carrino on February 29, 2012 at 4:41am

Thanks Kevin.  Good conversation and great data.

• ‹ Previous
• 1
• …
• 54
• 55
• 56
• 57
• 58
• …
• 98
• Next ›
• Page