"Thats the reason I will prefer to revert back the short sale with 1st one as there is no point doing foreclosure and later need to deal with DCU with another lawsuit which will add to the hassle. So its best to not to do foreclosure under this…"
-
Irene Medina, PA CRS GRI CDPE
- Female
- Fort Lauderdale, FL
- United States
- Florida
- Blog Posts
- Discussions (5)
- Groups
Irene Medina, PA CRS GRI CDPE's Discussions
Fannie Mae Help Desk
Started this discussion. Last reply by Julia Huntsman, CDPE, e-PRO, SFR Sep 26, 2011. 3 Replies 1 Like
Has anyone had any success with the Fannie Mae Help Desk?I have a short sale that Green Tree is servicing and Fannie Mae is comparing the seller's home, that is falling apart, with a newly remodeled…Continue
Has anyone dealt with DCU as a second on a short sale????
Started this discussion. Last reply by R Trip Apr 2. 11 Replies 0 Likes
I have been negotiating short sales for more than 4 years and this is the first time I have gotten a flat out denial from a 2nd. The lawyer that is helping us with this too has never seen this…Continue
Irene Medina, PA CRS GRI CDPE's Page
Latest Activity
R Trip replied to Irene Medina, PA CRS GRI CDPE's discussion Has anyone dealt with DCU as a second on a short sale????James Miner replied to Irene Medina, PA CRS GRI CDPE's discussion Has anyone dealt with DCU as a second on a short sale????"Sounds like they will be suing the seller after foreclosure."
Rick Stuart replied to Irene Medina, PA CRS GRI CDPE's discussion Has anyone dealt with DCU as a second on a short sale????"This issue in CA is everything changed with regard to 2nds after Brown signed into law SB458. Under this law, if the 2nd accepts a short sale and release of lien, they have no further opportunity to pursue the borrower for any deficiency. What…"
R Trip replied to Irene Medina, PA CRS GRI CDPE's discussion Has anyone dealt with DCU as a second on a short sale????"Sorry to hear that and i am more scared about results of mine. So do you think asking DCU that we are not going for foreclosure and will renegotiate with WF to revert back short sale process will be something that convince them to come to…"
Irene Medina, PA CRS GRI CDPE replied to Irene Medina, PA CRS GRI CDPE's discussion Has anyone dealt with DCU as a second on a short sale????"DCU stuck to their guns and we couldn't close it. Unfortunately the lawyer he went to didn't do much either. So, he ended up reinstating with DCU and going to another lawyer that was going to try and help him get a loan modification with…"
R Trip replied to Irene Medina, PA CRS GRI CDPE's discussion Has anyone dealt with DCU as a second on a short sale????"I am exactly in the same situation. Wf approved and provided 10% to remaining balance of $34K for DCU. But they flatly denied saying that there is no visible hardship like loss of jobs etc or some death in family .What they don't understand…"
John Smith replied to Irene Medina, PA CRS GRI CDPE's discussion Has anyone dealt with DCU as a second on a short sale????"What was the final resolution on this case. Were you able to Drive this to any conclusion...
Thanks"
Julia Huntsman, CDPE, e-PRO, SFR replied to Irene Medina, PA CRS GRI CDPE's discussion Fannie Mae Help Desk"My MLS does not use the Help Desk yet, however, I recently contacted FNMA directly about a BofA file. They couldn't help me, as it was supposed to be approved inside of BofA--same experience of coming in higher regardless of showing numerous…"
Bryant Tutas replied to Irene Medina, PA CRS GRI CDPE's discussion Fannie Mae Help Desk"Hi Irene. You can find info on contacting Fannie Mae through this iste in te Fannie Mae group http://shortsalesuperstars.com/group/fanniemae
The actual FannieMae help desk is a service provided to Realtors through select MlS systems"
Michael Campus ABR,SFR,SRS replied to Irene Medina, PA CRS GRI CDPE's discussion Fannie Mae Help Desk"Hi Irene-
Sorry I can't help you but maybe you can help me. I didn't know there was a FNMA help desk. Is it a phone number I can call and speak to someone? I need to find the answers to several questions I have concerning FNMA held…"
Irene Medina, PA CRS GRI CDPE posted a discussionFannie Mae Help Desk
Has anyone had any success with the Fannie Mae Help Desk?I have a short sale that Green Tree is servicing and Fannie Mae is comparing the seller's home, that is falling apart, with a newly remodeled one 2 houses over and is insisting that the house is worth 100k which is what the new one sold for. Even the BPO and the CMA I sent them is in line with the contract price and yet they still want minimum 90k for a property that is really worth 65k. What was interesting is that the negotiator told…See More
Irene Medina, PA CRS GRI CDPE replied to Irene Medina, PA CRS GRI CDPE's discussion Has anyone dealt with DCU as a second on a short sale????"Okay, that is an even better idea. But I agree credit unions are the worse.
Thanks again and I will pass that one along to the lawyer."
Jeff Payne replied to Irene Medina, PA CRS GRI CDPE's discussion Has anyone dealt with DCU as a second on a short sale????"Credit Unions are tough to deal with usually because they are small and don't always understand the short sale process. PLUS they are member owned and can have different rules about this type of situation. You may want…"
Irene Medina, PA CRS GRI CDPE replied to Irene Medina, PA CRS GRI CDPE's discussion Has anyone dealt with DCU as a second on a short sale????"Yes, that is my next step. The lawyer reminded DCU of this and it still didn't help. the lawyer is going over the file one more time to see if there is anything he might of missed that he can go back to DCU with. If it doesn't work then I…"
Jaryd Ruffner replied to Irene Medina, PA CRS GRI CDPE's discussion Has anyone dealt with DCU as a second on a short sale????"This might be a long shot but do you have a negotiator at Wells fargo that will contact them directly given the circumstances? Sounds like they need a reminder of how they'll make out on this deal should the home revert back the the 1st."
Profile Information
- First Name
- Irene
- Last Name
- Medina
- Are you a......
- Agent
- State
- Florida
- City
- Plantation
- My Profile
- I specialize in Short Sales, Residential Real Estate, First Time Home Buyers, Certified Relocation Specialist and foreign investors, in Broward, Palm Beach. No transaction is too big or too small, whether it is short sale or regular transaction. I have a high success rate of short sales approvals with BOA, Chase, Wells Fargo and many more. This service is free. Please don't hesitate to contact me, not only for my services but also for any questions you may have in a real estate transaction
Comment Wall
- No comments yet!
Members
CONTACT US
SITE FOUNDERS
MODERATOR
This site is owned and operated by REGrow, LLC
Wendy Rulnick and
Brokers of Record
A Licensed Florida Real Estate Brokerage
628 Grand Canal Dr
Poinciana FL 34759
407-873-2747
Badge
© 2012 Created by Bryant Tutas.
like buttons