Replies to This Discussion

Permalink Reply by shannon skalada on December 9, 2009 at 3:56pm

Hello,
I have been working with Indymac One west and its a nightmare..How much did they forgive on the one you just put through?

Permalink Reply by Craig Baranowski on December 12, 2009 at 5:19am

They forgave over $100,000. The process moved very slowly until it was transferred over to ServiceLink. Once ServiceLink got their hands on the short sale packaged it was approved within 3 days.

Permalink Reply by Rosemary Brooks on January 4, 2010 at 4:52am

Tell me more about ServiceLink, please. It is a closing company or a short sale negotiation company that you hire to do your negotiations?

Permalink Reply by Rosemary Brooks on January 8, 2010 at 5:17am

I have one with Indymac where the homeowner tried loan mod first and failed. They told them to do a short sale. We listed, got an offer and submitted in Dec. They have done the evaluation, and approved a postponement to March. Said they needed to review the evaluation and would let me know after that should take about 3-4 weeks.

Also, I asked them to please contact me instead of sending letters to the borrowers to avoid delay - said they would. So far, good. I'll keep praying it close prior to March.