Hi all - I was advised by Ditech today (10/11/17) that any short sale that is currently under review with an INCOMPLETE or PARTIAL submission package (even outstanding document request) would be…Continue
"It's hard to say as a general rule as I am sure it's case-by-case but I have seen HUD go below required net and allow concessions within the first 30 days. For example, a few weeks back I had a case with an FHA buyer where we were just shy…"
"Al, I have gotten 3% of sale price approved many times for an FHA buyer. I suggest providing the buyer's side of the HUD/CD and also get a closing cost worksheet from the buyer's lender outlining all costs. This has helped in the past. I…"
"They declined one of my files today which is a Freddie Mac loan. The response I got was that they are not approving short sales for ANY loan, regardless of investor. Will be making a call to Freddie to confirm."
Hi all - I was advised by Ditech today (10/11/17) that any short sale that is currently under review with an INCOMPLETE or PARTIAL submission package (even outstanding document request) would be pulled from short sale on 10/15/17 and referred to loan modification review.Has anyone heard this? I tried to get more info, but was advised that this appears to only apply to government loans but there was no additional information available. The particular loan that I was speaking with them about is a…See More
"What a bummer. The seller didn't have representation in the HOA foreclosure case? After the sale, they could have filed a motion to cancel the sale but at this point, it sounds like too much time has gone by. I would have your seller speak with…"
"Are you looking for the actual auctions? Each county has a foreclosure auction calendar. There are a few different ways, depends what you are looking to do with the list I suppose.
It has always been my experience with the IRS that they will review for a lien release but require quite a bit of documentation in order to review. The process is usually around 30 days and the clock starts after short sale approval is…"
How is everything with you, I picked interest on you after going through your short profile and deemed it necessary to write you immediately. I have something very vital to disclose to you, but I found it difficult to express myself here, since it's a public site.Could you please get back to me on:( [email protected] ) for the full details.
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