Donna McClelland
  • Female
  • Valley Center, CA
  • United States
  • AZ, CA, WA and any other states…
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Donna McClelland's Discussions

OCWEN INVESTIGATED FOR FUNNY BUSINESS WITH HUDZU

Started this discussion. Last reply by Victor Mendoza Oct 15, 2014. 1 Reply

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Has anyone had a short sale not go through after closing escrow for any reason?

Started this discussion. Last reply by Donna McClelland Aug 26, 2013. 6 Replies

A true nightmare to be sure, but has anyone ever made a mistake of some sort where they go through the entire close of escrow, money is wired to the servicer(s) and then the lender finds some error…Continue

Tags: denied, escrow, wire

Freddie Mac no longer allowing Incs and Trusts to purchase short sale properties!!!

Started this discussion. Last reply by Donna Cook Sep 20, 2011. 22 Replies

Lookout, everyone - as of the first of this week, Freddie Mac stopped allowing corporations and trusts to purchase short sales.  I found this out after our short sale was approved by BofA but then…Continue

Payoff to Jr Lienholders outside of escrow

Started this discussion. Last reply by Donna McClelland Jun 20, 2011. 12 Replies

Has anyone else come across a situation where the Jr. Lienholder is asking the seller for more than the first is paying to settle with them?  How have you handled this when the first won't pay them…Continue

 

Donna McClelland's Page

Latest Activity

joe beauchamp replied to Donna McClelland's discussion THE POSSIBLE REASON FOR THE FANNIE MAE APPRAISAL ISSUE? in the group Fannie Mae
"You might get them to be reasonable by badgering them. Obviously, you haven't been doing short sales. Integrity and honesty is usually a last resort with banks and FNMA. If you have exhausted that route (I assume you have with the appraisal…"
Jun 25, 2014
Ismael Medina replied to Donna McClelland's discussion THE POSSIBLE REASON FOR THE FANNIE MAE APPRAISAL ISSUE? in the group Fannie Mae
"The short sale is a Fannie Mae short sale and my buyers are buying with an FHA loan. I am assuming that the appraisal report ordered thru and independent source, governed and supervised by the Federal Govt. does not hold water in front Fannie Mae."
Jun 25, 2014
joe beauchamp replied to Donna McClelland's discussion THE POSSIBLE REASON FOR THE FANNIE MAE APPRAISAL ISSUE? in the group Fannie Mae
"Call me crazy, and some have, but I've never seen FNMA tied into an FHA loan. If it is FHA, the ATP states the value and you need to net x% of that value. FNMA ain't involved. Talk to HUD if you really have the ATP and all. FNMA has…"
Jun 25, 2014
Bryant Tutas replied to Donna McClelland's discussion THE POSSIBLE REASON FOR THE FANNIE MAE APPRAISAL ISSUE? in the group Fannie Mae
"The lender can ask for whatever amount they want. My experience is they will accept 90% of the value as a purchase price. $162,000 should do it based on the value of $180,000."
Jun 25, 2014
Ismael Medina replied to Donna McClelland's discussion THE POSSIBLE REASON FOR THE FANNIE MAE APPRAISAL ISSUE? in the group Fannie Mae
"I just got told by Fannie Mae: "This is XXXXX XXXXX  with Fannie Mae’s Short Sale Escalation Desk providing you an update on case HSS-XXXX.  Our analysis of the dispute documentation you provided for this case…"
Jun 24, 2014
Donna McClelland posted a discussion

OCWEN INVESTIGATED FOR FUNNY BUSINESS WITH HUDZU

Ocwen%20Auction%20Funny%20Business.pdfTurns out they have good reason to auction off our short sales on HUDZU - their management has ownership in the parent company's stock! See More
Apr 23, 2014
Donna McClelland commented on James ferebee jr's group OCWEN
"Ocwen%20Auction%20Funny%20Business.pdf    CHECK THIS OUT!  Turns out Ocwen has a reason for putting these properties on the auction block - - and the reason certainly does not surprise me - the crooks running the place have…"
Apr 23, 2014
Bryant Tutas replied to Donna McClelland's discussion THE POSSIBLE REASON FOR THE FANNIE MAE APPRAISAL ISSUE? in the group Fannie Mae
"All escalations go here http://www.homepathforshortsales.com/"
Mar 28, 2014
Dean E Eshelman, CPA, CDPE, IRES replied to Donna McClelland's discussion THE POSSIBLE REASON FOR THE FANNIE MAE APPRAISAL ISSUE? in the group Fannie Mae
"Who within Fannie are you escalating valuation issues to when no positive response from negotiator? Name, phone, email?"
Mar 27, 2014
BARBARA WING liked Donna McClelland's discussion THE POSSIBLE REASON FOR THE FANNIE MAE APPRAISAL ISSUE?
Mar 20, 2014
BARBARA WING replied to Donna McClelland's discussion THE POSSIBLE REASON FOR THE FANNIE MAE APPRAISAL ISSUE? in the group Fannie Mae
"Wow, your comment, Jeff is pretty scary...I am in the middle of a FNMA short sale. FNMA says their appraisal came in at $240k.  The purchase price is $150k.  The home needs $125k worth of rehab (major plumbing issue) and will sell for…"
Mar 20, 2014
Donna McClelland commented on Wendy Rulnick's group Wells Fargo Short Sales
"Sharon, that is exactly the feeling I am getting from all of the lenders. "
Nov 21, 2013
Jeff Payne replied to Donna McClelland's discussion THE POSSIBLE REASON FOR THE FANNIE MAE APPRAISAL ISSUE? in the group Fannie Mae
"Fannie Mae is forecasting values.  They are predicting future values and countering based on their own hypothetical math.  Remember that Fannie Mae can foreclose and sell the home for more than market value with HomePath financing, no…"
Nov 21, 2013
TOP END Properties replied to Donna McClelland's discussion THE POSSIBLE REASON FOR THE FANNIE MAE APPRAISAL ISSUE? in the group Fannie Mae
"Gross is higher than the Net so that doesn't sound right."
Nov 20, 2013
Donna McClelland commented on Wendy Rulnick's group Wells Fargo Short Sales
"Dawn, you are not alone.  I have been getting ridiculous counter offers from Fannie Mae for the past year.  Not only that, when I dispute them through their website, it's like they don't even look at our comps, photos, 3rd party…"
Nov 15, 2013
Donna McClelland commented on Wendy Rulnick's group Wells Fargo Short Sales
"Update:  Turns out the listing agent allowed the buyer to use one of his(listing agent's) business addresses as the buyer's LLC address!  So Wells said, this is not an arms length transaction, so no commission.  We had to…"
Nov 8, 2013

Profile Information

First Name
Donna
Last Name
McClelland
Are you a...
3rd Party Negotiator
State
AZ, CA, WA and any other states where I can "legally" do them
City
Any cities in states listed above.
My Profile
99.5% closing success! Superior customer service! Short sale negotiating is all I do. You list and sell, I'll negotiate. Licensed CA realtor for 9 years, licensed AZ RE Broker, Licensed Loan Originator (required in AZ,WA) NMLS #512332, certificated paralegal.

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At 5:55pm on June 10, 2011, Donna McClelland said…
Serving Metro Phoenix and San Diego County
 
 
 

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