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Loancare Servicing

A 3rd party company processing short sales

Members: 37
Latest Activity: Jun 7

Discussion Forum

LLC buying Short sale

Started by Bob Helmig Jul 19, 2013. 0 Replies

Will Loancare review a  contract w/ buyer as LLC or will they want the  name of buyer from LLC?Continue

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Comment by Ben Benita on June 7, 2017 at 3:20pm

You can always buy using an LLC, but, the bank will want to see the LLC Articles showing who the Owners are.

Comment by Mary Wilcox on July 19, 2013 at 3:43pm

Any real estate contract with a corp, has to provide their corporate documents including articles of operation.

That tell all parties who has the legal right to sign. So, I don't know how the bank/servicer could allow anything different.

Comment by Bob Helmig on July 19, 2013 at 2:45pm

buying using LLC , will Loancare accept or will they want Names

Comment by Bob Helmig on June 18, 2013 at 9:49am

I'm about to work w/ Seller who has Loan Care servicing. Trustee sale date is 8/8/13. Can someone send me their contact info/Short sale dept and short sale hardship packet. Can i use my own 3rd party form? Thx- Bob

Comment by Monique Boucher on July 6, 2012 at 9:17am

Oops Deb - never mind on that question - I just googled and got the answer - I need to find a way to escalate for VA loans now.

Comment by Monique Boucher on July 6, 2012 at 9:16am

Hi Deb - Thanks for the response - Who is the National Servicing Center ?

Comment by Deb Orth on July 6, 2012 at 9:03am

Monique, I have one now that has been a nightmare.  Some of the same issues you've mentioned.  Mine is an FHA Preforeclosure Sale.  I am escalating today to The National Servicing Center.  

Comment by Monique Boucher on July 6, 2012 at 8:44am

Good Morning - Has anyone had any luck with Loancare? I have had a file with them since March - a VA short sale and Cathy Jarboe is the assigned processor and also we have a negotiator assigned and no response. I also have another file with them - 2 months now and was told they cannot "escalate" the file for review until July 13th - which would be 45 days from the time it was assigned to a negotiator. If anyone has any higher contacts or suggestions I would appreciate it.

Comment by Justin Berry on May 11, 2012 at 1:58pm

Candice - we have done a transaction with her.  Send me a message and I'll give you her info.

Comment by Candace Curtis on May 7, 2012 at 12:49pm

I've had an offer in with them since the beginning of January.  I call regularly and cannot get past their front line.  Recently 4/17/12 a negotiator was assigned, her name is Kathy/Cathy Jarboe.  Any idea how I can get through to her.  Front line will not give me an email address, and I've exhausted my searches.  Joanna Nash, was the processor and she was pretty good, but she's dropped it in the negotiator's lap and I've got nothing but silence on the other end of the line.  Any advice would be appreciated.  Candace

 

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