Ellen Levy
  • Female
  • United States
  • District of Columbia
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  • Dean E Eshelman, CPA, CDPE, IRES
  • Kim Kaplan

Ellen Levy's Discussions

Need a real decision maker at Bank of America for urgent short sale

Started this discussion. Last reply by Hairman May 16, 2012. 14 Replies

I am the selling agent on a B of A short sale where the property itself is truly distressed.  There are three sump pumps in the basement.  Seller moved out and turned off the electricity, resulting…Continue

Tags: escalation, file, America, of, Bank

 

Ellen Levy's Page

Latest Activity

Ellen Levy joined Brett Goldsmith's group
Jul 15
Ellen Levy replied to Liane Jamason's discussion Has anyone bought the AMP Res.net Professional Account?
"Jeff, My husband and I are considering signing up on Resnet for REO and Short Sale leads.  Are you still using them?  Any good?"
Oct 5, 2016
Ellen Levy replied to Shane Blondin's discussion PNC States they need 2nd lienholder approval letter to initiate the file? in the group PNC Bank
"Just closed one where PNC was the first and the second.  Smooth and pretty quick: 30 Days, single point of contact, minimal mickey mouse."
Feb 26, 2013
Ellen Levy replied to Angela Gandolfo's discussion what to do when you are only "a little" short
"I have had a couple of these.  The sellers brought cash to the table and didn't bother getting involved with all the problems and negative fallout from a short sale.  One seller got an equity line on his new home.  I don't…"
Feb 24, 2013
Ellen Levy joined Bryant Tutas's group
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PNC Bank

Help with PNC short sales.See More
Nov 2, 2012
Ellen Levy liked SE Davis's discussion PNC Bank GOOD NEWS!
Nov 2, 2012
Ellen Levy commented on Wendy Rulnick's group Bank of America Short Sales
"Dean Eshelman--There are Legal Aid attorneys in most jurisdictions.  Some attorneys do a bit of pro bono work also.  You client can probably talk to a really good lawyer for free for 15 minutes or so and gain some excellent…"
Aug 17, 2012
Ellen Levy commented on Wendy Rulnick's group Bank of America Short Sales
"Dean, you said homeowner was told to move in 10 days or eviction would proceed.  I don't know your jurisdiction, but eviction is a process that normally takes awhile.  If that is the case, homeowner has 10 days PLUS the eviction…"
Aug 13, 2012
Ellen Levy commented on Wendy Rulnick's group Bank of America Short Sales
"I am in DC.  The lien on the property IS separate. Typically, when a short sale is concluded, the lien (the mortgage instrument) is released via the title company. I was not referring to any judgements.  "
Jul 18, 2012
Dean E Eshelman, CPA, CDPE, IRES left a comment for Ellen Levy
"Thank you. Hope I am providing valuable content in my posts."
Jul 17, 2012
Ellen Levy shared Wendy Rulnick's group on Facebook
Jul 17, 2012
Ellen Levy commented on Wendy Rulnick's group Bank of America Short Sales
"Julissa--The debt is discharged by the bankruptcy, but the lien is not removed.  The lienholder has to release the lien.  the short sale is a means of getting them to do that.  "
Jul 17, 2012
Ellen Levy commented on Wendy Rulnick's group Bank of America Short Sales
"Pat Glenn--Someone else posted about a lost note.  I had two cases with lost notes some years back.  My settlement attorney contacted a woman who "bonded over" the lost note, and we proceeded to settlement. there was a fee…"
Jun 28, 2012
Ellen Levy replied to Ellen Levy's discussion Does anyone know how to buy a distressed note from BOA? in the group Bank of America Short Sales
"I thank you and Joe for your help.  I will see what I can find out.  I believe I can find out who really owns the note.  I will try another post after I find whatever information I can get.  "
Jun 19, 2012
E C HONG replied to Ellen Levy's discussion Does anyone know how to buy a distressed note from BOA? in the group Bank of America Short Sales
"Ellen, their Twitter team won't know anything about it. Those loans from BOA are owned by several different investors. BOA won't sell individual note to an individual. They will be purchased by BIG BOYS in bulk loans. Recently, BOA has…"
Jun 19, 2012
joe beauchamp replied to Ellen Levy's discussion Does anyone know how to buy a distressed note from BOA? in the group Bank of America Short Sales
"Let us know if you can actually do it. BofA is huge. They sell notes (processing) in bulk. I can't see them selling 1 note. Actually,  you need to go to the investor - BofA services the note, doesn't own it. I suspect that they would…"
Jun 19, 2012

Profile Information

First Name
Ellen
Last Name
Levy
State
District of Columbia
City
Washington
My Profile
Ellen Levy is a seasoned real estate professional. She has been in the business long enough to see the housing market go through several cycles and has learned to handle the ups and downs. Her business is highly diversified both geographically and in terms of price. Her sales in 2009 ranged from a low of $65,000 to over $2,000,000. She holds the CDPE designation and has successfully closed a number of short sales. She has sold condos, townhomes, detached homes, land, and small commercial properties.

Ellen works with a team of two other licensed agents plus a full time assistant. All three agents are licensed in DC, MD and VA. All three hold the CRS designation.

Ellen and her partner, Grace Caputo, also hold the ABR and CDPE designations. Her husband/partner Barry Levy is a former loan officer with fifteen years background in residential finance. He handles financing for the Team's clients.

Ellen has had extensive experience with the costs of residential renovations for homes and income properties, and can advise buyers and sellers on the probable costs of improvements and the value added by those improvements.

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At 7:02pm on July 17, 2012, Dean E Eshelman, CPA, CDPE, IRES said…

Thank you. Hope I am providing valuable content in my posts.

 
 
 

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