Elizabeth Monje
  • 37, Female
  • Norcross, GA
  • United States
  • GA.
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Elizabeth Monje's Discussions

BPO came at 140K OCWEN WANTS 150K, does anyone know if this is LEGAL?

Started this discussion. Last reply by Lori Young Oct 4, 2014. 3 Replies

I am working a short sale with ocwen for a while we had previously agreed at a sales price for 142,000 based on a BPO of 169,000 ....BPO expired and a second one was ordered which came at 140,000…Continue

OCWEN and ALTISOURCE NEED BIG HELP!

Started this discussion. Last reply by Victor Mendoza Oct 15, 2014. 4 Replies

Help with OCWEN, I just started a short sale, and received a Brokerage contract from Altisource which Seller and Broker refuse to sign, is this legal or obligatory?How can I go around this? I read…Continue

CHASE & Deficiency Judgements in Georgia.

Started this discussion. Last reply by Brian Avery Apr 12, 2011. 2 Replies

I am doing a short sale with Chase, not the first one I have done with them. The Negotiator tells me GA. is a deficiency state and they would pursue my buyer for the balance with is 80,000 on a…Continue

 

Elizabeth Monje's Page

Latest Activity

Elizabeth Monje added a discussion to the group Fay Servicing
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Short Sale

Does any one have any experience with this bank? I have an account just transferred to them and need to start a Short Sale. Thank you Robert for the docs great help!See More
Mar 9
Elizabeth Monje joined Robert Martin's group
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Fay Servicing

Customer Service 800-495-7166Short Sale Fax No. 312-509-4794Fay Servicing RMA and 3rd Party ApplicationSee More
Mar 9
Lori Young replied to Elizabeth Monje's discussion BPO came at 140K OCWEN WANTS 150K, does anyone know if this is LEGAL?
"Yes OCWEN does what they want.  Is this a Fannie Mae investor loan?  If it is report this to Fannie Mae.  "
Oct 4, 2014
Brett Goldsmith replied to Elizabeth Monje's discussion BPO came at 140K OCWEN WANTS 150K, does anyone know if this is LEGAL?
"What is their reasoning? Their is either more to the story or they could be handling the file improperly. Sounds like you need to escalate to someone who can get you more clarification on what is really going on or to have the offer submitted for a…"
Oct 3, 2014
Elizabeth Monje posted a discussion

BPO came at 140K OCWEN WANTS 150K, does anyone know if this LEGAL?

I am working a short sale with ocwen for a while we had previously agreed at a sales price for 142,000 based on a BPO of 169,000 ....BPO expired and a second one was ordered which came at 140,000 normally they will reduce the price to the BPO value, this time they want 150,000 has anyone encounter this? and if so how did you resolve the discrepancy? Can they actually do this the second time around??See More
Oct 3, 2014
Elizabeth Monje replied to Maria Strong's discussion 2nd denial based on value - Wells Fargo Fannie Mae in the group FHA - HUD Short Sales
"Hi I would really appreciate if you could send that me lizmonjeataol.com I dont know how to contact HUD or what to say, read my above post for more explanation if you can. Thank you very much i really need your help guys! Thank you very much!"
Apr 8, 2014
Elizabeth Monje replied to Maria Strong's discussion 2nd denial based on value - Wells Fargo Fannie Mae in the group FHA - HUD Short Sales
"Hi I was wondering if you could help me out. I am stuck with a SS with BoA. They are telling me that there is a second mortgage with HUD which I veryfied thru title search for almos 9K, Negotor is telling me she will request variance because the…"
Apr 8, 2014
Elizabeth Monje replied to Anthony and Christi Jensen's discussion Variance Requests in the group FHA - HUD Short Sales
"Hi, I am hoping you are still active here I need assistance on a HUD second liend, with BoA please reply if you can. I was wondering if you could help me out. I am stuck with a SS with BoA. They are telling me that there is a second mortgage with…"
Apr 8, 2014
Elizabeth Monje joined Stephanie Lim's group
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FHA - HUD Short Sales

HUD rules for FHA short sales, tips, experiences, etc.Fax LOA:  918-236-3274PH 877 622-8525See More
Apr 8, 2014
Elizabeth Monje replied to Caroline Simmons's discussion FHA Short Sale & Closing Costs...
"can you provide the fax number please? This is the first time I run into this believe it or not and I am quite lost here ;( Thank you much!"
Apr 8, 2014
Elizabeth Monje replied to Caroline Simmons's discussion FHA Short Sale & Closing Costs...
"Do you have the FHA line number by any chance? I have a second mortgage that is with HUD yet the negotiator tells me they need to submit a variance but she cannot tell me if its for that second lien HUD has or what she says is two different things…"
Apr 8, 2014
Bryant Tutas replied to Elizabeth Monje's discussion OCWEN and ALTISOURCE NEED BIG HELP!
"I want to add that it's all about the disclosures. Disclose the possibility of an auction early and often. Let all parties know you have no control over the process but can help guide them through it. then the parties can decide whether or not…"
Feb 3, 2014
Bryant Tutas replied to Elizabeth Monje's discussion OCWEN and ALTISOURCE NEED BIG HELP!
"It's the way of the future with short sales. I too resisted but then decided I needed to just learn how to work through their system. Thus far it hasn't been much of a big deal. Should be a good niche for agents willing to learn. I smell…"
Feb 3, 2014
Elizabeth Monje posted a discussion

OCWEN and ALTISOURCE NEED BIG HELP!

Help with OCWEN, I just started a short sale, and received a Brokerage contract from Altisource which Seller and Broker refuse to sign, is this legal or obligatory?How can I go around this? I read that if the contract does not get signed within 2 weeks the file goes back to Ocwen, is this true? HELP!See More
Jan 31, 2014
Jeffrey J. Story replied to Elizabeth Monje's discussion What does the HELD status mean on Equator? in the group Bank of America Short Sales
"Thank you so much. I just saw my file was changed to "held" and I freaked out. "Trying to be a great Short Sale agent"  "
Jun 18, 2012
Carol Pease liked Elizabeth Monje's profile
Feb 13, 2012

Profile Information

First Name
Elizabeth
Last Name
Monje
State
GA.
City
Norcross
My Profile
Licensed since 2001, my work load is 100% short sales and loan mods, wish there was an easier way to close more deals faster, hence, the importance of networking one can never know it all. Hope we can help each other.

Elizabeth Monje's Blog

SHORT SALE FLIPPING......

Posted on February 25, 2010 at 2:30am 9 Comments

I really hope someone can help me on this one, I had research for almost 2 years how to put a back to back closing ( ok please do not laugh) I have the seller I have the B (investor buyer) how does the investor market and list a house that is laready listed by the agent who is representing the original seller? in other words how does the B list a property as a seller to C buyer?

how does the B to C transaction takes place when doing a new listing? ( to re-sell to a higher…

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Uploading additional Info on EQUATOR.

Posted on February 7, 2010 at 8:58pm 8 Comments

I just started to upload Pictures, CMA's, BPOs and whatever I can get my hands on in Equator, since BoA is the most unbelieveale, unreasonable of all!!!! has anyone done this? does it make a difference?

I took it as an advantage since they don't care what we say but what the "BPO" says FMV is, if I can show them the BPO was wrong in their decission for Market Value, by showing them actual damage or decline in market, maybe and maybe they they will see that this agents probably…

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At 1:52pm on February 8, 2010, Sharon Senger said…
Hi Elizabeth,

Thanks for adding me as a friend. Looking forward to getting to know you.
 
 
 

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