"Yes pretty much everyone's definition is the same, unless the daughter is a minor you would have a hard time going that way. Like Elizabeth said, the daughter as a tenant can get the relocation incentive, it's the easiest way to…"
"I just had one with the same situation with CITI and all they did was send the money back to HUD before we started the short sale process. It only took a few days and then it was just a regular short sale, only one lienholder."
"From the sound of it your first is either Freddie or Fannie, find out which and let Ocwen know who the investor on the 1st is, they should take the $6k once they know it is Fannie or Freddie. If they give you a hard time you can escalate it to…"
"Unfortunately this is not new in our market, the lender has the right, per most notes, to secure the property if it is vacant and the seller is in default. Normally if you call them and ask them for a copy of the key they will overnight it to…"
"@AnnLee yes Ocwen does deficiency waivers, I have gotten them on all my deals and without cash contributions. It might be an investor specific thing but it is not a guideline from Ocwen. You might need to escalate the file"
"I have had a foreclosure rescinded, it depends on the bank and the State where you are at. I would try calling BofA and asking them if they are willing to rescind the foreclosure. It takes time but it might be possible. Good Luck"
"@Tara, we just had one that was 1st and 2nd with CITI and they sent the 2nd to collections but we got the negotiator to pull it back from collections and give us the approval for both. I did talk to the collection agency in the meantime and…"
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