ElizabethWeintraub00697006LyonRE
  • Female
  • Sacramento, CA
  • United States
  • CA
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ElizabethWeintraub00697006LyonRE's Discussions

LCS and Buying Its Debt

Started this discussion. Last reply by Thom Colby CA Brkr 888-391-5245 Mar 11, 2012. 36 Replies

I have a client who wants me to take over a short sale that failed. She was offered $25,000 from Chase Bank. LCS is the second. LCS blocked her contribution from Chase, stating it wanted the money.…Continue

Tags: collection, agency, from, loan, buying

 

ElizabethWeintraub00697006LyonRE's Page

Latest Activity

ElizabethWeintraub00697006LyonRE commented on Wendy Rulnick's group Wells Fargo Short Sales
"Thom: It's been a while that I've encountered one of those, too, but I would guess probably not. The banks are really cracking down today. I had a short sale recently in which the buyer's agent was also the mortgage lender for the…"
yesterday
ElizabethWeintraub00697006LyonRE commented on Wendy Rulnick's group Wells Fargo Short Sales
"Your mother is threatening to sue you? Did I read that correctly? You also might want to hand this over to a third party and not be involved. It's not arm's length."
yesterday
ElizabethWeintraub00697006LyonRE commented on Wendy Rulnick's group Wells Fargo Short Sales
"Oh, I hate to say this, Jenny, but your troubles are just beginning. Since this is an FHA loan, you will be in for a long horrible short sale. You need to deal with HUD, and you need to qualify for a preforeclosure sale, and there are a bunch of…"
yesterday
ElizabethWeintraub00697006LyonRE commented on Wendy Rulnick's group Wells Fargo Short Sales
"In California, you don't need both signatures on the listing agreement to take a listing. I've closed a bunch of short sales where I've started out with only one party. Some of them I've closed with just that one party, too. You…"
yesterday
ElizabethWeintraub00697006LyonRE replied to Jackie Gonzalez's discussion Ditech SS apprival letter gives 7 days to close in the group Green Tree / Ditech
"Hi Jackie: I can sense your enthusiasm for your buyer, but please don't call Ditech. You don't have authorization to speak to Ditech. The listing agent can ask for an extension from Ditech. Also, you can put pressure on the title company,…"
Jun 16
ElizabethWeintraub00697006LyonRE commented on Stephanie Lim's group Carrington Mortgage Services
"I completed a Carrington short sale late last year and it was very fast, 3 to 4 weeks. Everything was completed via email and the negotiators were very cooperative and competent (and it was 2 loans at Carrington)."
Apr 26
ElizabethWeintraub00697006LyonRE replied to Erinn Frisbie's discussion Pay off 1st in full and short 2nd and 3rd? in the group Bank of America Short Sales
"The first is not involved. Just order a beneficiary demand from the first. I'd offer the third either $3,000 or $6,000 and give the rest to the second."
Jan 23
ElizabethWeintraub00697006LyonRE commented on Wendy Rulnick's group Bank of America Short Sales
Nov 8, 2016
ElizabethWeintraub00697006LyonRE commented on Wendy Rulnick's group Chase
"Not at the moment. But you can call me tomorrow. "
Nov 4, 2016
ElizabethWeintraub00697006LyonRE commented on Wendy Rulnick's group Chase
"@Dean I am doing a Chase FHA short sale at the moment, in which we stated the daughter is a tenant there, and they are authorizing a $3,000 relo."
Nov 4, 2016
ElizabethWeintraub00697006LyonRE commented on Wendy Rulnick's group Chase
"I wonder if the negotiator is confused and trying to pay a relocation incentive, which is generally only available to owner occupants? Is she or he trying to process this as an owner occupied HAFA? I've closed a number of non-owner occupied…"
Nov 4, 2016
ElizabethWeintraub00697006LyonRE commented on Wendy Rulnick's group Wells Fargo Short Sales
"It could be something in the PSA, perhaps? Or maybe the seller is current and guidelines call for default? Just throwing out ideas for you."
Oct 28, 2016
ElizabethWeintraub00697006LyonRE commented on Wendy Rulnick's group Wells Fargo Short Sales
"It could be something in the PSA, perhaps? Or maybe the seller is current and guidelines call for default? Just throwing out ideas for you."
Oct 28, 2016
ElizabethWeintraub00697006LyonRE commented on Wendy Rulnick's group Wells Fargo Short Sales
"It could be something in the PSA, perhaps? Or maybe the seller is current and guidelines call for default? Just throwing out ideas for you."
Oct 28, 2016
ElizabethWeintraub00697006LyonRE replied to michael bellamy's discussion Wells Fargo Short Sale: Seller Not Delinquent in the group Wells Fargo Short Sales
"Yes. Surprisingly. It worked for a handful of non-delinquent sellers I represented. In fact, just fyi, a HAFA does not require delinquency, and if there is no delinquency, there is nothing negative that is allowed to be placed on a credit report…"
Oct 21, 2016
ElizabethWeintraub00697006LyonRE replied to Robin Lemmons's discussion FHA Investor Wells Fargo since June of 2015 in the group Wells Fargo Short Sales
"The problem with shooting yourself in the head, which I must admit has been an option I have briefly considered from time to time during an FHA short sale, is that then you are no longer able to communicate with anybody about anything, and it…"
Oct 21, 2016

Profile Information

First Name
Elizabeth
Last Name
Weintraub, Lyon RE #00697006
Are you a...
Agent
State
CA
City
Sacramento, East Sacramento, Land Park, Midtown, Elk Grove, Natomas
My Profile
Author of The Short Sale Savior, published in June 2009. Broker-Associate at Lyon Real Estate in Sacramento. Home Buying Columnist at About.com. 30+ years of experience in real estate. Sacramento Short Sale Agent. DRE #00697006.

I also was not born in 1900, somedays it just feels like it.

Comment Wall (4 comments)

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At 1:47pm on December 27, 2012, Larry Davis said…

Are you back from Vacation trip.? Please PM me.

At 10:41am on December 14, 2012, Larry Davis said…

Elizabeth--You are a magnificant part of this Board. Have you been successful with Chase completed short sales in 2012?

At 5:52pm on February 17, 2010, ElizabethWeintraub00697006LyonRE said…
Blame Broker Bryant and Wendy Rulnick because they dragged me over here. :)
At 5:18pm on February 17, 2010, Rosemary Brooks said…
Hi Elizabeth, glad to see you here. I had left a comment for you a while ago telling you about this site. Its great!
 
 
 

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