Brian Garff's Groups
Brian Garff's Page
Profile Information
- First Name
- Brian
- Last Name
- Garff
- State
- North Carolina
- City
- Raleigh
- My Profile
- Owner and Broker-in-Charge of Summit Realty Group. 90% of my business is listing and selling short sales. I am currently building a website that will bring in leads from all over the country. I want to find the best brokers around the country to send leads to, and receive any that are in Wake, Durham, Franklin, or Johnston Counties in North Carolina.
Brian Garff's Blog
Bank of America Comes Through
Posted on April 29, 2010 at 3:00am 2 Comments 0 Likes
In February we had a 10 month-old deal denied by Fannie Mae with NO counter, NO explanation, and NO discussion. Sound familiar? I took the advice of some on the site and e-mailed [email protected]. Within two weeks they assigned a resolution specialist, Amy Geimer. Amy went over the deal in detail with me and discovered that the previous negotiator had essentially ignored the most recent BPO. The offer that had been denied was about 5k above the "reserve" amount. I called the… Continue
Bank of America to Reduce Mortgage Principal on Certain Loans
Posted on March 26, 2010 at 7:58am 0 Comments 0 Likes
Reducing Principal will help Reduce Foreclosures
People who face losing their home in foreclosure often ask, "If the bank is going to lose all this money by selling my home at fair market value, why can't they re-work my loan at that same price? I could make
the payment if they would simply reduce my loan balance to fair market
value." In effect, that is exactly what Bank of America is proposing
to do.
Not all of the details are out, but…
Continue
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