Jeffrey Burnham
  • Male
  • Las Vegas, NV
  • United States
  • Nevada
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Jeffrey Burnham's Friends

  • Fred Shocklie
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Jeffrey Burnham's Discussions

A Sincere Political Question about Fannie Mae

Started this discussion. Last reply by Marcy Shugarman Feb 17, 2013. 2 Replies

Ok... here goes....please, I HATE politics and rhetoric, but at some point you just wonder: "When is enough just enough?"I've been reading about the overstated Fannie Mae values. I have experienced…Continue

Tags: BPO, Overstated, Mae, Fannie

HAFA Clarification

Started this discussion. Last reply by Mike Rosania Dec 7, 2012. 1 Reply

I'm hoping for some quick clarification. I know the HAFA program effectively ends on 12-31-12. My question is: does the SS need to CLOSE by then... or can an accepted offer continue to work through…Continue

Tags: expiration, HAFA

Massive Co-OP to Sellers???? How??

Started Jun 10, 2012 0 Replies

I've actually SEEN now, and keep hearing about Short Selling sellers receiving HUGE amounts. I was on a transaction where the Seller received $30,000 for selling after NOT PAYING for a year!! That…Continue

$25B Settlement by top 5 Banks

Started this discussion. Last reply by Jeffrey Burnham Feb 18, 2012. 2 Replies

Anyone have a feel for how/ when the settlement will be implemented?How/when  will those foreclosed upon already receive their pitances?Continue

 

Jeffrey Burnham's Page

Latest Activity

Jeffrey Burnham replied to Nicole Espinosa's discussion Deed Restrictions in the group Residential Credit Solutions
"What deed restrictions did they place on the property?"
Jan 6, 2016
Jeffrey Burnham joined Tiffany Alleshouse's group
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Residential Credit Solutions

Phone: 800-737-1192Fax: 1-888-775-7250See More
Jan 6, 2016
Jeffrey Burnham replied to Jeff Payne's discussion Banks manipulating appraisals?
"One thing I do to combat this is whenever I submit an offer to the bank, I ask the Buyer's agent to submit comps to support our sales price. This becomes part of the offer or is listed as an Addendum to the offer. Of course, I review them or…"
Aug 4, 2013
Jeffrey Burnham replied to Linda Ippolito's discussion REDC Gross Mismanagement of Bank of America file - Escalation?
"I went through the SAME thing with REDC. Spoke to numerous "supervisors" with REDC and made B of A Escalation team stay on the line and listen to them blame B of A. What I really would like to know is what the heck the purpose of REDC,…"
Jun 9, 2013
Jeffrey Burnham joined Jim Schneider's group
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Bayview Loan Servicing

Short Sale Information for Bayview Loan Servicing Short SalesShortSaleTeam@BayviewLoanServicing.comSee More
May 28, 2013
Jeffrey Burnham replied to Wendy Rulnick's discussion Who is Your Favorite Short Sale Lender or Servicer?
"short answer: you have no ability to escalate the file. you can call the list agent's Broker. But that's the extent of what YOU can do"
Apr 26, 2013
Jeffrey Burnham replied to William James Walton, Sr.'s discussion How does the HAFA process affect buyers?
"Not a HAFA requirement. You would be foolish to accept an offer IF the Buyer doesn't have his financing in order though. Here in Las Vegas, Inspections are suggested but in no way required. (Unless required by BUYER'S lender...like VA or…"
Apr 23, 2013
Jeffrey Burnham joined Wendy Rulnick's group
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E*Trade Short Sales

E*Trade short sales are handled by PNC's CLC Consumer Service Loans division.See More
Apr 15, 2013
Jeffrey Burnham replied to Wendy Rulnick's discussion Who is Your Favorite Short Sale Lender or Servicer?
"PNC??! B of A???! I must be living in an alternate universe! Beam me up, Scotty!"
Apr 8, 2013
Celeste ODea replied to Jeffrey Burnham's discussion Any Success with USAA in the group USAA
"Our seller has a $144K balance on the 2nd with USAA.  They initially wanted 35% and we got them down to 25%, but the seller has no job and no money, so we don't see how this will work.  They won't take a promissory note either.…"
Mar 2, 2013
Jeffrey Burnham replied to Peter J Kim's discussion What Do You Think About The Short Sale Lease Back Program?
"I'd like to know more about this program. Drop me a line at Jeff@VegasREWizard.com."
Feb 23, 2013
Marcy Shugarman replied to Jeffrey Burnham's discussion A Sincere Political Question about Fannie Mae
"I agree with you Jeffrey. Yes Bryant, everyone who follows this website should be aware of your point about NAR. However, FNMA is owned by the government and FHFA is the "oversight" govt agency. If this is being done intentionally by the…"
Feb 17, 2013
Jeffrey Burnham replied to Peter J Kim's discussion What Do You Think About The Short Sale Lease Back Program?
"So I keep hearing that this is possible with non-profits....is it possible for a non-profit to over-ride this clause? Do you know?"
Feb 16, 2013
Jeffrey Burnham replied to Ken Ryan's discussion Fannie Mae Valuation - Call update
"unfortunately for us all...it's working"
Jan 30, 2013
Jeffrey Burnham added a discussion to the group USAA
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Any Success with USAA

I've heard NOTHING positive about USAA as far as agents attempts to complete short sales. I have a Seller with a $19k HELOC, (started as $25k) so it's relatively small. Has ANYONE completed a short sale recently with USAA? I spent 30 minutes on hold trying just to get to someone in the short sale area with little luck.This is a HELOC, if that makes any difference. Any advice/insight is appreciated.See More
Jan 23, 2013
Jeffrey Burnham joined Stephanie Lim's group
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USAA

USAA Short SalesSee More
Jan 23, 2013

Profile Information

First Name
Jeffrey "The Wizard"
Last Name
Burnham
State
Nevada
City
Las Vegas
My Profile
I have done many short sales in Las Vegas & North Las Vegas. I don't give up... I have a gallon bottle of Zantac, one of excedrin and a cross all on my desk. I know the "game" the banks play. I deal with their losing files, misdirecting me to the wrong depts and am familiar with their shenanigans. I know how to overcome this and get the job done.

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