Closing Protection Letters, getting them paid on a short sale

Started by Jim Schneider May 22, 2015. 0 Replies 0 Likes

This one comes up on almost every short sale I've had. The lender kicks back the fee for the closing protection letter. I get the feeling that since they have no idea what it is, they assume it's a…Continue

Tags: Letter, Protection, Closing

Honest Bankruptcy attorneys?? Referrals?

Started by Jeanne Dominguez. Last reply by Jeffrey W Wolff Aug 13, 2014. 4 Replies 0 Likes

Hello Illinois friends!Does anyone have a reputable BK attorney in they can recommend in Illinois? I would like to interview them and refer clients to them. I have a few short sale clients who need…Continue

Municipal Pre-sale Inspections with Short Sales - what a great combo!

Started by Jim Schneider May 28, 2012. 0 Replies 0 Likes

Many of the Chicago Suburbs have one type of municipal pre-sale inspection or another. Chicago has a zoning compliance review (except condos), some others have simple storm-water inspections, others…Continue

Freddie Mac HAFA deals closing post 11/1/11 and Illinois

Started by Patrick Smith Jan 5, 2012. 0 Replies 0 Likes

Last week I closed a Freddie Mac HAFA deal that violated the 8% transaction cost cap.  Did it by brute force attack on Freddie Mac and the servicer, and was lucky to succeed.  I was told that this is…Continue