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Discussions (2)
Groups (15)
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Amy's Groups

HSBC

55 members
EMC

82 members

EverHome Short Sales

24 members
Navy Federal Credit Union

10 members

Citi

189 members

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Amy's Discussions

Any short sale pros who have dealt with USAA Federal Savings Bank ?

My scenario- USAA 2nd Lien, Home Equity, not a purchase money,payoff of $56,000.00. At first they wanted $19,500 to release lien and not the loan, we countered so went down to $13,500 to release lien…

Replied Mar 11

Any short sale pros who have dealt with USAA Federal Savings Bank ?

USAA's investors are its member. Your seller will be responsible for the full amount of deficiency. They will release the lien but not the loan if its the 2nd lien with a home equity line and refinan…

Replied Mar 11

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Amy's Page

Heading up to Vegas for the Five Star Summit! Mar 11

Latest Activity

Amy commented on Wendy Rulnick's group 'Bank of America Short Sales'

I know! I thought its going to get easier. It was for sometime and now..boom! I have to call for updates.

August 27

Amy joined Wendy Rulnick's group

HSBC

The Hongkong and Shanghai Banking Corporation Limited

August 27

Amy replied to Tammy Davis's discussion 'Wachovia's new policy on postponing the trustee's sale**VERY IMPORTANT**' in the group Wachovia Short Sales

I have a Wachovia Fast Track and I am always checking first hand with Trustee. Thank you and I will watch out.

August 27

Amy commented on Rosemary Brooks's group 'HAFA - Home Affordable Foreclosure Alternative'

Is Everhome Mortgage a HAFA Servicer?

August 27

Amy replied to Tammy Davis's discussion 'Wachovia's new policy on postponing the trustee's sale**VERY IMPORTANT**' in the group Wachovia Short Sales

I am in Southern California. I have a FAST TRACK Wachovia Short Sale Approved. What if we caanot close by the sale date? Is this an exemption Tammy?

August 5

Amy joined Wendy Rulnick's group

EMC

Tips, pointers, references, stories and discussions about EMC.

July 23

Amy commented on Rosemary Brooks's group 'HAFA - Home Affordable Foreclosure Alternative'

I have a VA buyer. Is it true that with HAFA, lender will not pay for VA closing costs? HAFA Negotiator said: "No closing credits will be allowed even with VA loan, I can move forward with removing them. The Home Protection Plan will not be accepted…

July 22

Bryant Tutas commented on Amy's blog post 'How To Negotiate a 2nd Lien HELOC Short Sale once outsourced or collection agencies?'

Amy. That is certainly a pretty big gap. The seller has already signed a promissory note for the amount of the loan. If they could substitute a note for $259,000+ for a new note of 10% of that with no interest wouldn't that be a good thing? Your sel…

July 21

Amy commented on Wendy Rulnick's group 'Citi'

Lalalalala..just happy to get sale postponed tomorrow with Citi. Just sent SS Pkg this morning and rqst postponement and yipee, it got postponed. Are they so efficient or I just got lucky. So far so good. Now I have to work fast!

July 19

Amy joined Jim Stewart's group

EverHome Short Sales

EverHome Mortgage short sales.

July 19

Amy added a blog post

How To Negotiate a 2nd Lien HELOC Short Sale once outsourced or collection agencies?

July 19

Amy commented on Adam Woodhall's group 'Navy Federal Credit Union'

oops, sorry I mean well. It happened to mine and I just want to share. Just be prepared.

July 19

Amy commented on Wendy Rulnick's group 'GMAC'

I am surprise. I was going to input a GMAC in equator and to find out my drop down arrow is gone. I have done & closed short sales with GMAC through equator (reotrans). Are they back to manual process?

July 19

Amy commented on Wendy Rulnick's group 'Citi'

Great Ben..thats makes a lot of sense. Tks!

July 19

Amy commented on Adam Woodhall's group 'Navy Federal Credit Union'

you are right Jeff. They freeze accounts too!

July 19

Amy joined Adam Woodhall's group

Navy Federal Credit Union

NFCU - Membership restricted to active and retired military and government employees, as well as immediate family.

July 19

Profile Information

First Name

Amy

Last Name

Martin

State

City

Temecula

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Amy's Blog

How To Negotiate a 2nd Lien HELOC Short Sale once outsourced or collection agencies?

I have a 2nd HELOC, not a purchase money which is now with Focus Management Group, originally with Wells Fargo. Having a tough time getting a buyer that will come out with substanstial amount. My seller will not come out with no monies (unemployed) nor settle with a promissory note. BofA as the 1st position will only give $3,000.00. Am I on a deadlock here?

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Posted on July 19, 2010 at 5:37pm — 1 Comment