I have a short sale that a buyer from out of the area wants to purchase. For various reasons, she is not able to move to this area until next year. She suggested that until she moves to this area,…Continue
The net now has gone from $4,000 to $10,000. The borrowers do not have the means to come up with this amount. This is so overwhelming to the borrowers that they have now contacted a bankruptcy attorney. They would rather…"
"Sent an email to [email protected] and it was forwarded to my negotiator who is not cooperating with us on a short sale. Lori is no longer in the short sale dept. Got her name from this website. This is just an FYI on this…"
"Does anyone have current information on who I can call at PNC to get a short sale approval on the 2nd? I had a [email protected] with a phone number of 937-910-4128. I called after sending an email to him and lori explaining…"
"I was just talking to legal in the title company that helps process the short sale. She said the banks can do this. The short sale loss is a different kind of loss and there is insurance that will pay better than the short sale proceeds.…"
"Please Help! I have a property that has been on the market for a year and we have finally got our 6th buyer approved for a short sale. The first is with Farm Credit Services and the second is with PNC. Farm Credit said they would…"
"Please help me with escalation contact numbers for Us bank. I have a buyer for a short sale (number 3) and we have been working on this property for about 18 mos. The bank declined the short dale may 1. We have a full price offer and the bank said…"
"Kevin, Our ATP was issued on Nov 29, 2012. We had the offer already at that point and on Dec 29 (approx) we got the welcome to the FHA step in the process. What is the status at this point on the clock? The property is still on the…"
"Kevin, I did not know when the tiered net proceeds was the clock began. I know we sent financial documents of the seller for month after month prior to that. I will check on that. I think it was in November.
"In addition, I have sent the MLS sheet, the history, and the bank of america guidelines to an email today. I emailed the negotiator but the manager's email address that is on her emails is coming back as an invalid email address. It…"
"I have a bank of america short sale that was approved and we thought we would close and then they turned it over to the FHA process. The FHA negotiator has been extremely slow in approving the documents and had been very picky about the…"
The negotiator got your message. I do not believe he didn't get any of your messages if you sent them on Equator..com and you shouldn't believe that either. Call the call center ask for a supervisor and don't give up until you get one. explain your problem dealing with the negotiator she or he will then try to call the negotiatior if that doesn't work they will send an email to the negotiator and he or she has to respond within 48 hours. If you do not get a respond within 48 hours you will be asked to call the call center again -----ask for a supervisor and explain your problem and what you were told prior to the 48 hours (make good notes) Good luck
Re: Worksheet and HUD1 issue: Worksheet must match the HUD1. I think your negotiator submitted the HUD1 without the settlement cost included (mine did). When I filled out the buyers side of the column and added the settlement costs and THEN rejected, the negotiator sent an answer back to me which did not included the settlement costs, not the de-winterization cost (which they did in 50% weather, and not the home warranty which the "team leader" said would be paid by the investors for a FreddyMac loan). I am now in the process of screaming at everyone I can scream at :-) . Closing is supposed to be the week of the 25th. paid
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