Just for the simple reason it's non owner occupied. I am working with the Executive offices to push this through. They are just being stubborn. Just wanted to see if anyone else has gone through this.
Thank you so muh for responding!"
I have been doing short sale for about 8 years and I have never come across where a non-primary resident was declined. I did a few for Wells Fargo with tenants which were approved. Any help is greatly appreciated.
"Ellen I too am having a hard time with Ocwen. The value came in at $580K and our offer is $576K. They are now saying that the offer is not good enough per MI? I have been doign short sales for 8 years and never had a problem with MI nor did I have…"
"I can't believe Flagstar gave me a sale date when I had an approval letter ready to close on 10-26-2012. Someone made a huge mistake. I will call to deal with this on Monday. I called this morning and they said it was pending but not to worry…"
Why id BOFA only giving $1600.00? If this is a HAFA Short Sale then they can give up to $8500. That would satisfy GMAC. What do they owe on GMAC? Normally 2nd liens are now asking 20% but you can still negotiate that down. Is your buyers…"
"Hi Everyone, It seems like PNC are giving all of us problems. For us in California it's been especially hard since we have the SB453 that passed last year. I am working on 3 2nd liens with PNC and they have taken me out of all my HAFA short…"
San Francisco born and raised Bay Area native. I am a highly experienced, skilled and well-qualified Real Estate Agent who has honed an expertise in the short sales process backed by a tremendous knowledge of the Bay Area real estate market. I have excellent resources and have great contacts with the bigger lenders. BOFA,Wells Fargo, Chase to name a few.
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