Debra N. Derman, Brkr-Assc
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Debra N. Derman, Brkr-Assc's Discussions

Wells Fargo 2nd lien holder / Chase is 1st. 2nd is an equity line

Started this discussion. Last reply by Short Sale Superstars LLC Nov 13, 2012. 2 Replies

Wells didn't originate the equity line years ago. Any pointers on negotiating with them on an equity line to work this short sale.I've sold short sales (30 year broker) but have not delved into…Continue

 

Debra N. Derman, Brkr-Assc's Page

Profile Information

First Name
Debra
Last Name
Derman, Broker-Associate
Are you a...
Agent
State
FL
City
Cape Canaveral
My Profile
Resident of Brevard County, FL (the Space Coast) just east of Orlando International Airport since 1958. Specialize in residential properties and vacant land.

Debra N. Derman, Brkr-Assc's Blog

Seasoned Broker-Associate in FL getting involved

Posted on November 14, 2012 at 11:41am 1 Comment

OK, so I have obtained the listing agreement and it "appears" the seller, who never resided in the property, will cooperate with other docs needed by the two lenders.

When do I need all those docs from the seller.  I have an offer coming in I'm told.  Do I wait until offer is in hand? Or do I begin now getting the list of things ready?  I keep getting different replies from different "experienced" folks in area...

In short, what is your best experience in the last 6 months…

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