Started Feb 27, 2012 0 Replies 0 Likes
would like to do a referral for short sale in Canon City for a Client I am working with here in the Destin Area. looks like a real easy sale...from what I can see in paperworkwill help on my end to…Continue
Started this discussion. Last reply by Jackie Kumm Jul 10, 2011. 20 Replies 0 Likes
Short Sale approval at $150k- letter from BofA - no deficiency on the first2nd is also with BofA (however there is Private Mortgage Insurance)PMI approved the short sale also but with the Seller's…Continue
Started this discussion. Last reply by David Dee Jun 8, 2011. 12 Replies 0 Likes
I found out yesterday at a local Title Company..that Agents who are providing Short Sale Services...instead of "charging a fee" are writing a BONUS in the listing agreement...what are your…Continue
Started this discussion. Last reply by Kimberley Kelly May 25, 2011. 3 Replies 0 Likes
what are your thoughts on Seller's asking to not include the furniture ( I realize this is more common in Beach towns where condo's are often sold furnished) so they can sell "outside of contract"? Continue
Posted on October 9, 2011 at 1:34pm 1 Comment 0 Likes
Wells Fargo- has lien on property that was a secured loan...dismissed / charged off in January. (according to everyone at WF)
first mortgage is current. sales price satisifes first mortgage....but not the WF LIEN.....the lien....exceeds the sales price and fmv......the lien is from another SS the sellers successuflly completed in Jan 2011......WF agreed....closed...
but.....since the property closed in January was CROSS collateralized by current property....they placed…
ContinuePosted on May 23, 2011 at 4:17pm 3 Comments 1 Like
I must share this story. This occured about 9 months ago. TRUE story!
The day before closing-I went to the house to remove my yard sign and SUPRA box. (this was a Short Sale) Seller's were VA home owners. lost job, and forced to sell home to move out of state.
When I arrived at the house the husband was edging the yard...his wife was on her hands and knees in the garage scrubbing oil spots...
I asked "what are you doing"? Their response. "Sewing for our…
ContinuePosted on November 9, 2010 at 2:42pm 1 Comment 0 Likes
Short Sales are becoming more contemporary. The first ime I paticpated in a short sale was about 4 years ago. I barely understood the definition.
now I make my living helping individuals overcome the challenges of investments that have turned south
Thanks to Agents like Wendy who are on the front line, we can all succeed in Short Sales.
It is a financial freedom to Sellers, and Agents
Buyers who understand the process can make a great return on minimal…
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