Daniel Sandoval
  • Male
  • Bellflower, CA
  • United States
  • California
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hafa relocation incentive

Started 12 hours ago 0 Replies

Hello, its the 2nd time i hear from a lender that the hafa relocation incentive is no longer avaiable since december 31, 2016. Has anyone heard of this. Bank of america and specialize loan service…Continue

Bofa is declining my short sale because they dont want the seller recieveing hafa from first lien holder Wells fargo

Started this discussion. Last reply by Daniel Sandoval Apr 9, 2012. 12 Replies

I was asking for an extension from the 2nd lien holder Bank of america and they asked me if the 1st lien holder wells fargo is doing hafa for customer. I replied yes, you knew about it, as you…Continue

 

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Daniel Sandoval posted a discussion

hafa relocation incentive

Hello, its the 2nd time i hear from a lender that the hafa relocation incentive is no longer avaiable since december 31, 2016. Has anyone heard of this. Bank of america and specialize loan service just advice me to remove it from my hud one..please advice. See More
12 hours ago
Daniel Sandoval replied to Kathleen Sheridan's discussion OCWEN GIVING INVENTIVE PAYMENT TO TENANT in the group OCWEN
"some banks are giving incentives to tenant if the owners dont live in the property. They will do one or the other..So yes it goes to the tenants. Escrow will cut the check for them. unless you can negotiate half for sellers and half for tenants for…"
Sep 12, 2016
Daniel Sandoval replied to Evelyn Blanks's discussion Ocwen in the group OCWEN
"ive closed 2 current transactions with relocations...hafa...and client was current. They dont qualify them or anything. Just submitt the package with offer and its a slam dunk. 60 days or less. "
Jul 1, 2016
Daniel Sandoval replied to Daniel Sandoval's discussion Ocwen denied shortsale and asking seller to deed in lieu in the group OCWEN
"i appreciate the information..Thank you "
Jun 6, 2016
Daniel Sandoval replied to Daniel Sandoval's discussion Ocwen denied shortsale and asking seller to deed in lieu in the group OCWEN
"aint a deed in lieu a foreclosure because you handing the keys back to the lender. . "
Jun 6, 2016
Daniel Sandoval commented on Michael L's blog post Di-Tech/ Green Tree Lending Servicing
"i closed one recently. they are easy to work with. if its fannie or freddie you will be directed to the  website. "
Jun 6, 2016
Larry Sarlo replied to Daniel Sandoval's discussion Ocwen denied shortsale and asking seller to deed in lieu in the group OCWEN
"Wo is the investor...  Prob a private equity firm that purchased it from Fannie Freddie or HUD for pennies on a dollar.   They are the ones that hole the door closed usually.    They will foreclose first sine they own the…"
Jun 5, 2016
Larry Sarlo replied to Daniel Sandoval's discussion Ocwen denied shortsale and asking seller to deed in lieu in the group OCWEN
"They are reimbursed all the interest and expenses from the Federal Govt  so hey dont stand a chance in losing anything   unless you stand up and fight them...  My most recent dealing I had a HUD   They did the same crap.   I…"
Jun 5, 2016
Sabrina Simpson replied to Daniel Sandoval's discussion Ocwen denied shortsale and asking seller to deed in lieu in the group OCWEN
"My seller's case in currently in Federal Court against Ocwen and the Trustee."
Jun 5, 2016
Larry Sarlo replied to Daniel Sandoval's discussion Ocwen denied shortsale and asking seller to deed in lieu in the group OCWEN
"Unfortunately they can dictate .   However you may want to look to see if this is a Fannie Freddie or HUD loan.   then you have other recourses.    IF not then my advice is to sue the bank and the investor illegal foreclosure…"
Jun 5, 2016
Daniel Sandoval replied to Daniel Sandoval's discussion Ocwen denied shortsale and asking seller to deed in lieu in the group OCWEN
"I've never had any issues with ocwen but this investor is the issue. First they don't participate in hafa and will only give 3k to sellers for relocation but now no shortsale just a deed in lieu. My client is fighting it with an attorney."
Jun 5, 2016
Sabrina Simpson replied to Daniel Sandoval's discussion Ocwen denied shortsale and asking seller to deed in lieu in the group OCWEN
"I'm surprised they were offered a Deed in Lieu from Ocwen.  I've been working a short sale with them since 2012.  They refuse to budge on price.  The property is in need of a lot of repairs and no one is going to give them…"
Jun 5, 2016
Daniel Sandoval added a discussion to the group OCWEN
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Ocwen denied shortsale and asking seller to deed in lieu

I had a shortsale where the property was in worse condition and we had the buyers do a home inspection to show the bank the condition. Well our offer was countered to a higher value and ofcourse buyer didn't want to raise price due to condition. So negotiater advice a price and buyer accepted but investor denied the shortsale and asked seller to deed in lieu. I advise negotiater I've never had this issue with ocwen and negotiater stated it wasn't ocwen it was denied by investor. Now they want…See More
Jun 5, 2016
Daniel Sandoval replied to Amy Owens's discussion Is $8,500 required to the junior lien holder in a HAFA short sale?
"hello everyone..i might have the same scenario. I just got a wells fargo approved short sale for hafa. I don't have the letter yet but the rep gave me some numbers that they are giving the 2nd 1300 or so.even though I have an approval from the…"
Oct 17, 2014
Glenda Sher commented on Daniel Sandoval's blog post Bank Of america Just approved my short sale in the morning under hafa and just got declined due to servicer release!
"Daniel Hello, Just had the same thing happen. I was advised through Equator that the file was being released. We were supposed to be closing before 9/10 - Sale date 9/13. I sent auth to Select Portfolio, spoke to a person there today who said the…"
Aug 28, 2012
Daniel Sandoval posted a blog post

Bank Of america Just approved my short sale in the morning under hafa and just got declined due to servicer release!

This has never happen to me..but i have to blog this out....Today, i recieved a hafa short sale approval letter in black and white and just a few hours later  i recieve an email that states: Your loan was service released. This means that Bank of America is no longer able to process the short sale. Please contact the new Servicer for additional details and instructions. The new Servicer is Select Portfolio Servicing, Inc. 800-258-8602  Aint this illegal...i have an approval letter and they just…See More
Aug 28, 2012

Profile Information

First Name
Daniel
Last Name
Sandoval
Are you a...
Agent
State
California
City
Bellflower
My Profile
-Experience Realtor for 14 years. Specializing in Residential,Income Property, and commercial Sales.
-Certifiied Distress Property Expert specializing in Distress sales, REO Asset Preservation, Short sales/Short Pay, Loan Modifications, Foreclosures, and Foreclosure Prevention.
- Certifiied Broker Price Opinion (BPO) Agent for several firms including: Corelogic, Clear Capital, Protek, Secured Lending Services, Old Republic Default services, IMortgage, and Asset Valuation.
-Mobile Notary Public at your service for any document signing.
-Member of PWR (Pacific West Assocation of Realtors), NAR (National Association of Realtors), CAR (California Association of Realtors), Multiple Listing Service, NAHREP (National Association of Hispanic Real Estate Professionals), Marketing Committee for NAHREP LA Chapter, and Member of the Month of February 2011 for NAHREP-LA.
-I process and negotiate short sales for Attorneys,Sellers,and Agents from surrounding communities. If your looking for assistance from my team feel free to send me and email @ sellingreoandshortsales@gmail.com for more information.
- CEO for The Vision Group

"Our Vision is to make your Homeownership Dream a Reality"

Daniel Sandoval's Blog

Bank Of america Just approved my short sale in the morning under hafa and just got declined due to servicer release!

Posted on August 28, 2012 at 4:11pm 1 Comment

This has never happen to me..but i have to blog this out....Today, i recieved a hafa short sale approval letter in black and white and just a few hours later  i recieve an email that states:

 

Your loan was service released. This means that Bank of America is no longer able to process the short sale. Please contact the new Servicer for additional details and instructions. The new Servicer is Select Portfolio Servicing, Inc. 800-258-8602

 

 

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