Received an e-mail from Wells Fargo stating that there are 5 liens on title for my client's home. At time of listing the home I had my title company pull a title commitment and we found 2 liens both…Continue
"If the loan is a Fannie Mae loan you will also need to go to the Homepath.com site, select short sale. If you do not have a login create one. Create a short sale file and upload all required documents. If the loan is Fannie Mae,…"
"I need an escalation contact with PHH. I submitted the file in May and still no answer. 2 BPO's because the first one expired and the 2nd bpo will probably expire here within the next couple weeks. The 2nd lien holder is…"
"I just had this happened to the file that I am working with BofA. Last week we were told the file was approved for the Co Op streamline short sale program and then today I received a notice on Equator that the file was denied due to change in…"
"Same thing happened to me. we had to file a "lien" affidavit. What cracks me up is the EXACT same thing happened to me where they asked for a name affidavit which we provided then they closed the file. I had written…"
"Oh my gosh, I had the same nightmare with one of my files!!! It was time-consuming and ended up adding another couple of months to the process because Wells would not re-open the file because of supposed title issues. I could not get…"
Received an e-mail from Wells Fargo stating that there are 5 liens on title for my client's home. At time of listing the home I had my title company pull a title commitment and we found 2 liens both are associated with the HOA and I knew this at the time of taking the listing. In the HUD I included the outstanding HOA liens. Wells Fargo typically covers up to $2500 in liens. When I received the e-mail I replied back and stated that we are aware of the 2 liens and that we verified that the 3…See More
I completed my first short sale over 4 years ago. For the last couple of years I have had another agent work the short sale listing for me because I thought it was too much to handle. Well I finally got over it and over the last year I received my CDPE designation and have worked all of my own short sale listings.
You need to be a member of Short Sale Superstars to add comments!
Short Sale Superstars, LLC and www.ShortSaleSuperstars.com does not necessarily endorse the real estate agents, loan officers, attorneys, real estate brokers and other participants listed on this site. These real estate profiles, blogs, blog entries and forums are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a short sale. Short Sale Superstars, LLC takes no responsibility for the content on these pages that are written by the members of this community.