Brett Goldsmith
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Brett Goldsmith's Discussions

Fay Servicing Escalation Contact

Started Sep 4 0 Replies

Any Fay Servicing Escalation Contacts?Continue

Anyone have a Bayview escalation contact?

Started Mar 13, 2018 0 Replies

Anyone have a Bayview escalation contact?Continue

SLS Escalation Contact

Started Feb 15, 2018 0 Replies

Any high level SLS escalation contacts? Urgent situation and need another pair of eyes to assist.Continue

USDA LOAN CURRENT GUIDELINES

Started this discussion. Last reply by Justin Berry Mar 13, 2017. 1 Reply

Is it possible to for a USDA short sale to be approved if borrower is facing imminent default or is there a hard set guideline that the account MUST be delinquent?Continue

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Brett Goldsmith's Page

Latest Activity

Sharon Powell liked Brett Goldsmith's group Texas Short Sales
Thursday
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
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
Brett Goldsmith commented on Wendy Rulnick's group Short Sale Referrals
"Looking for a listing agent around Rutland Vermont, 05701 for a short sale."
Oct 31
Brett Goldsmith posted a blog post

SPS / Chase Backed Asset

Hey everyone!If you haven't run into this yet, be aware that Select Portfolio Servicing (SPS) with Chase backed assets have a new guideline that can throw a wrench in the transaction. They are only allowing one short sale review! Meaning that if the buyer walks or if the deal is denied for a low offer, you won't be able to try again.I had an approval and the buyer walked then they would not allow us to submit at the same terms due to this guideline. We also had a buyer get countered, the buyer…See More
Oct 31
Brett Goldsmith commented on Wendy Rulnick's group Ditech ( Formerly Green Tree )
"@andrew , if the servicer catches that you are related to the owner or buyer they likely won't pay commission. Arms length is more so related to the seller being related to the buyer or having a relationship with…"
Oct 23
Brett Goldsmith commented on Mori Langshaw Sr's group Reverse Mortgage Short Sales
"@LUTHER Who's the servicer? Doubtful you'd get it approved that quickly but if you send them the package and an offer they may postpone. Push to see if you can get the appraisal ordered…"
Oct 10
Brett Goldsmith replied to Kay VanKampen's discussion Violation to Receive Additional Funds in the group Wells Fargo Short Sales
"I have never heard of it being a violation. Some 2nd mortgages participate with 1st lien investor guidelines and other's don't and the gap needs to be closed if possible. Obviously the 2nd needs to be negotiated down or you need to show…"
Oct 8
Brett Goldsmith replied to Neil L.'s discussion Loan is TOO FAR DELINQUENT to qualify for a Preforeclosure Short Sale? in the group FHA - HUD Short Sales
"I believe 40 months is actually the mark per my HUD contact. @neil, your variance will likely be denied. I've never seen any short sales within the last few years for FHA get approved over 40 months behind. I don't personally take FHA…"
Oct 3
Brett Goldsmith commented on Wendy Rulnick's group Short Sale Referrals
"If someone posts a referral here we can find assist to find a short sale specialist in the community. I will push to put the next future referrals in this group."
Sep 17
Brett Goldsmith commented on Wendy Rulnick's group Wells Fargo Short Sales
"@kay You need to check with the 1st lien if the investor or insurer allows contributions to show on the settlement statement. Some do ( typically private investors ) and others do not ( GSE's typically have caps or may not allow contributions (…"
Sep 13
Brett Goldsmith replied to Janeth Rector's discussion Where can we report to Chase the unprofessional treatment their clients are been subjected with SPS
"Calling Chase the mortgage servicer is different than reaching someone who can help on notes that are backed by Chase. Calling Chase typically won't help. I opened a case with Chase OOP but they aren't able to help with matters like this.…"
Sep 13
Brett Goldsmith replied to Janeth Rector's discussion Where can we report to Chase the unprofessional treatment their clients are subjected with SPS
"Yeah, this is happening. I have 3 listing in the last month fall apart because of this due to SPS and the guideline they are enforcing on chase backed assets or accounts came from chase. They are pushing people towards cash for keys or foreclosure.…"
Sep 13
Angie Morris joined Brett Goldsmith's group
Sep 5
Brett Goldsmith posted a discussion

Fay Servicing Escalation Contact

Any Fay Servicing Escalation Contacts?See More
Sep 4
Brett Goldsmith replied to Rose Beaverson's discussion VA Short Sale Appraisal Value Dispute in the group VA Compromise Sales
"Contact VA and try to speak to the assigned rep that overseas your region when it comes to matters like this. Disputing VA appraisals isn't an easy thing. Remember, they typically want to NET 85.05% minimum of the appraised…"
Aug 19

Profile Information

First Name
Brett
Last Name
Goldsmith
Are you a...
3rd Party Negotiator
State
California
City
Woodland Hills
My Profile
My name is Brett Goldsmith I'm the CEO of Short Sale Superstars. You can also find me at www.ishortsalenow.com. I am a partner who oversees a team of real estate professionals that specialize in short sales, loan modifications, and 2nd lien settlements.

Our brokerage is partnered with attorneys, which allow us to give stronger services in all areas of real estate. Since the 2007 pop of the mortgage bubble we have been able to help thousands of struggling homeowners as well as those buyers and sellers that are not struggling at all. We have worked hard to go above and beyond to bring the main street client better communication, knowledge, experience, and a sense of dedication to their case. Although we work a large number of cases, we take great pride in our customer service and making each client's voice heard. If you're interested in anymore information regarding specific programs and services offered please feel free to send me an email at [email protected] or call me at 310-564-6389. My door is always open and thank you in advance for the opportunity to serve and meet your needs.

Comment Wall (1 comment)

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At 6:55pm on October 12, 2015, Kelly Magreevy said…

Hi Brett,

I have been working on a short sale since February, Fannie Mae is investor, was told today that my seller is not eligible because he is not delinquent on his mortgage payments. He is a veteran that retired from the air force and had to move to Wisconsin. He got a job as a postal worker and has a security clearance. I had heard that once he misses the 31 days of  his mortgage payment that Fannie Mae will grant the short sale. The junior lienholder is Chase who has been very responsive. What should I tell this AF veteran to do? Thanks for your help with this. 

Brett Goldsmith's Blog

SPS / Chase Backed Asset

Posted on October 31, 2019 at 8:08am 0 Comments

Hey everyone!

If you haven't run into this yet, be aware that Select Portfolio Servicing (SPS) with Chase backed assets have a new guideline that can throw a wrench in the transaction. They are only allowing one short sale review! Meaning that if the buyer walks or if the deal is denied for a low offer, you won't be able to try again.

I had an approval and the buyer walked then they would not allow us to submit at the same terms due to this guideline. We also had a…

Continue

Short Sale Questions Or Help?

Posted on July 15, 2019 at 3:34pm 0 Comments

If you need short sale help or have questions about a specific short sale transaction please reach out to our community of specialists at 1-888-664-6964. We are happy to answer any questions and help point you in the right direction to accomplish your goals.

Nationstar is now Mr. Cooper!

Posted on September 12, 2017 at 8:45am 1 Comment

Nationstar is now Mr. Cooper! They do have a new Mr. Cooper letterhead authorization letter and they are still utilizing equator. Nothing internally has changed to our understanding of the short sale process for now. This was a move to re-brand the company.

[email protected]

310-564-6389

www.ishortsalenow.com

Short Sale Processing Support

Posted on December 13, 2016 at 3:13pm 1 Comment

Why Use A Short Sale Processor?

“No one can whistle a symphony. It takes a whole orchestra to play it.” 

Some agents will not touch a short sale file without their processor(s) and others are scared to relinquish any control whatsoever. We come across a mix of both and find that once an agent has a processor who adds enough value to their business they will never turn back.

A processor should know 10X than you about short sales and everything that goes into…

Continue
 
 
 

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