Donna Paul
  • Female
  • Carle Place, NY
  • United States
  • New York
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Donna Paul's Discussions

Changes to Short Sale Initiation Process - Bank of America

Started this discussion. Last reply by Bill Travis Mar 13, 2011. 10 Replies

I Just like to share this email from BoA.... Please note the Changes...   As Bank of America continues to enhance the short sale process, real estate agents will notice changes when initiating a…Continue

Tags: Bank, of, America, with, process

FBI Focusing on Real Estate Brokers- Submit ALL offers

Started this discussion. Last reply by Tim Wesely Aug 28, 2012. 106 Replies

 The FBI is focusing its attention on real estate brokers to see whether or not the broker submitted all offers to the lender in a short sale transaction.  A real estate broker who does not submit…Continue

Tags: all, submit, offers, Short, Sales


Started this discussion. Last reply by Steve Early Feb 9, 2011. 12 Replies

I got the short sale approved  within 2 months.. I really didn't think it would be that quick but now my seller doesn't want to move. The bank has given us one month and she feels thats too much of a…Continue

Tags: walking, buyer, one, month, is

How to get the 1st loan to pay something towards the second loan.

Started this discussion. Last reply by Sonia Carver Nov 18, 2010. 2 Replies

I just listed this home. It has two outstanding mortgage on it. One with GMAC for $365,000 and the other one on EMC for $80,000.... I got an offer above asking price which is $306,000. I want to make…Continue

Tags: of, the, second, pay, one


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Williston Park
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I work for Keller Williams Realty for three year.Before that I worked for for Remax for two years. My Pasion is to help buyer and Seller achieve their dreams.

Donna Paul's Blog

House Bill Would Force Lenders to Decide on Short Sales in 45 Days .

Posted on October 13, 2010 at 9:11am 1 Comment

I just like to share with you this article about What the House bill is doing to force Banks to speed up the process of Short Sales. It's a great idea but are they able to pass this so that the process won't take so long for Homeowners and for Buyers. I sure do hope so. Someone has to do something..... http://House Bill Would Force Lenders to Decide on Short Sales in 45…


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At 6:05pm on June 1, 2010, Stephen Shafer said…
I have done several deals with Chase vvery succesfully, in general in my opinion they are great. I have found that if you have your short sale document check list fullfilled, starting wiith your 3rd party authorization, it take 2-3 days to upload in their system, then call to confirm it has been received. Generally, I get a negoatiator within 2-4 weeks, a call & or email.
At 9:34am on May 21, 2010, Sherrie Barker said…
In answer to your question about Chase not getting back to you. I had a deal with another bank, and the assistant to the negotiator called in the beginning and gave me the negotiator's phone number and fax, and I could never get the negotiator or his assistant to give me a call back. So I called and left a message on both phones and then fax over what the issue was - "extension of time". Then later in the day I got a fax from them (revised approval letter) with the extension.


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