Adriana Garcia
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Adriana Garcia's Discussions

SHORT SALE EXTENSION REQUEST DENIED **** HELP***

Started this discussion. Last reply by Alexis Adams yesterday. 7 Replies

We were in the process of requesting an extension on our short sale approval because we needed more time for the city to process some paperwork that was file. And the bank said that a short sale…Continue

Tags: extrequestdenied, extensionrequestdenied, extrequest, extensionrequest, shortsaleextension

 

Adriana Garcia's Page

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Alexis Adams replied to Adriana Garcia's discussion SHORT SALE EXTENSION REQUEST DENIED **** HELP***
"Hi, call the consumer ombudsman department and explain what’s going on. See if they can step in and help. When things are escalated through their department, they are able to reach out to higher contacts. I’ve only had to utilize them a…"
yesterday
Tony Morales replied to Adriana Garcia's discussion SHORT SALE EXTENSION REQUEST DENIED **** HELP***
"Hi Adriana  i think you are getting misinformation from SPS  First,  they would have already had to review the homeowner for home retention(modification)  prior to opening a short sale workout. I have negotiated several short…"
Wednesday
Adriana Garcia replied to Adriana Garcia's discussion SHORT SALE EXTENSION REQUEST DENIED **** HELP***
"it was a garage conversion that had to be demo and yes it was a condition that had to be met for the city to issue the release of the substandard and that was required to be able to issue the title policy and close. and then the loan approval…"
Tuesday
Ashley Majors replied to Adriana Garcia's discussion SHORT SALE EXTENSION REQUEST DENIED **** HELP***
"Adriana,  What type of paperwork was being processed with the city and is this something that would be required to meet the terms of the short sale approval letter from SPS in order to close? What was the length of the initial extension?"
Monday
Brett Goldsmith replied to Adriana Garcia's discussion SHORT SALE EXTENSION REQUEST DENIED **** HELP***
"Ah, yeah SPS and chase backed assets have a new guideline that is horrible. I had 4 listings fall apart within the last month because of it. I wish I had good news for you but if they are telling you a short sale is no longer an option the short…"
Nov 8
Adriana Garcia replied to Adriana Garcia's discussion SHORT SALE EXTENSION REQUEST DENIED **** HELP***
"The servicer is SPS the investor was originally chase per the Loan Docs"
Nov 7
Brett Goldsmith replied to Adriana Garcia's discussion SHORT SALE EXTENSION REQUEST DENIED **** HELP***
"Who is the servicer and who is the investor?"
Nov 7
Adriana Garcia posted a discussion

SHORT SALE EXTENSION REQUEST DENIED **** HELP***

We were in the process of requesting an extension on our short sale approval because we needed more time for the city to process some paperwork that was file. And the bank said that a short sale option is no longer available due to the history on the account. I assume they are referring to the fact that we had already received a short sale approval extension prior to this, that extension was due to repairs on the property having to be done to appease the appraisal inspector. The bank advised…See More
Nov 7
Adriana Garcia is now a member of Short Sale Superstars
Nov 7

Profile Information

First Name
Adriana
Last Name
Garcia
Are you a...
3rd Party Negotiator
State
CA
City
Sherman Oaks
My Profile
3rd party short sale negotiator

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