Julian Jahoo CDPE, SFR, ABR
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  • Durham, NC
  • United States
  • NC
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Julian Jahoo CDPE, SFR, ABR's Friends

  • Pamela Lester
  • Gin Rich

Julian Jahoo CDPE, SFR, ABR's Discussions

Coop Short Sale with BOA closed with a last minute surprise...

Started this discussion. Last reply by Pat Chadwell Jun 12, 2012. 6 Replies

Just had a Coop BOA close yesterday in Durham North Carolina . The seller incentive was $2500.00 and we were set to close at 2pm.I recieved a call from our closing coordinator saying we could not…Continue

Litton Loan

Started this discussion. Last reply by Smitty Jun 13, 2011. 1 Reply

Hi, We have an offer in with Litton that was countered so the buyers came up $20k. They need to close if possible by June 30th but the negotiator is not returning our emails or calling us back. Does…Continue

 

Welcome, Julian Jahoo CDPE, SFR, ABR.

Latest Activity

Travis Davies liked Julian Jahoo CDPE, SFR, ABR's profile
Jul 30, 2013
Julian Jahoo CDPE, SFR, ABR replied to Elvira Quiray's discussion Seller Concessions in the group Chase
"Hi Elvira,   I had one close with Chase this month and the seller concession was $5k. We had the letter of approval from Chase and closing was all set. 4 hrs before closing the investor changed the concession to $1529.79 take or leave it..We…"
Jan 24, 2013
SE Davis replied to Julian Jahoo CDPE, SFR, ABR's discussion Chase investor reduces seller closing costs on the day of closing... in the group Chase
"My last 5 Chase written short sale apprvoals have been pretty clear. There are certain lender fees will NOT be allowed (i.e. origination and many others fees) to be applied toward however many total dollars they approved for buyer paid closing…"
Jan 8, 2013
Julian Jahoo CDPE, SFR, ABR replied to Julian Jahoo CDPE, SFR, ABR's discussion Chase investor reduces seller closing costs on the day of closing... in the group Chase
"Yes it did... We had a full breakdown of all figures that Chase had agreed to with a required net amount we had to keep.. Our original HUD 1 matched the approval letter... When we sent the final HUD 1 for for approval 72 hrs prior to close with…"
Jan 7, 2013
Smitty replied to Julian Jahoo CDPE, SFR, ABR's discussion Chase investor reduces seller closing costs on the day of closing... in the group Chase
"So, I want to make sure I understand this.  You're approval letter stated that the buyer could have $5000 in CC and your HUD1 was generated to reflect that, and then when you sent it in for approval, they said NO?"
Jan 7, 2013
Ben Benita replied to Julian Jahoo CDPE, SFR, ABR's discussion Chase investor reduces seller closing costs on the day of closing... in the group Chase
"sorry, last thing....when escalating over last minute changes, be CERTAIn to usee words like: "Fraud" or "Bait and switch" to get the most attention from the higher ups. Also, filing complaints with the OCC and OTS work…"
Jan 7, 2013
Ben Benita replied to Julian Jahoo CDPE, SFR, ABR's discussion Chase investor reduces seller closing costs on the day of closing... in the group Chase
"Per above, simplest advice, send your prelim. HUD in as soon as possible for their approval. Servicers do that stuff last minute so they can get more money for the Investor (remember, that is the SOLE purpose of the Servicer during a short…"
Jan 7, 2013
Julian Jahoo CDPE, SFR, ABR replied to Julian Jahoo CDPE, SFR, ABR's discussion Chase investor reduces seller closing costs on the day of closing... in the group Chase
"Hi Smitty, We even over estimated taxes so Chase had an additional $2k that was added to their required net. It was an investor decision last minute. Basically our closing coordinator said the investor would only cover certain buyer line items on…"
Jan 6, 2013
Smitty replied to Julian Jahoo CDPE, SFR, ABR's discussion Chase investor reduces seller closing costs on the day of closing... in the group Chase
"I've never had this happen and to be honest am a bit surprised so many have encountered it.  Did you have to have a final HUd approval somewhere between 48-72 hrs before closing? Did it get approved?  I'm assuming that's…"
Jan 6, 2013
Julian Jahoo CDPE, SFR, ABR replied to Julian Jahoo CDPE, SFR, ABR's discussion Chase investor reduces seller closing costs on the day of closing... in the group Chase
"Mike we had full approval which stated all terms and required net for Chase... The investor basically overided the contract and approval letter we had and there was not a thing we could do other than not move forward with closing..."
Jan 6, 2013
Julian Jahoo CDPE, SFR, ABR replied to Julian Jahoo CDPE, SFR, ABR's discussion Chase investor reduces seller closing costs on the day of closing... in the group Chase
"Hi Patricia, The purchase price was $189k the closing costs approved were $5k we supplied a HUD 1 as a net sheet. The seller received a $1k seller incentive. A GFE was not requested and our closing coordinator gave us an ultimatum take it or leave…"
Jan 6, 2013
Julian Jahoo CDPE, SFR, ABR replied to Julian Jahoo CDPE, SFR, ABR's discussion Chase investor reduces seller closing costs on the day of closing... in the group Chase
"Thanks for all responses...Short sales are so unpredictable and having closed so many it was just a shock that the investor decided to change the terms of the contract that was approved by Chase 4 hrs prior to closing it put everyone's back to…"
Jan 6, 2013
Julian Jahoo CDPE, SFR, ABR replied to Julian Jahoo CDPE, SFR, ABR's discussion Chase investor reduces seller closing costs on the day of closing... in the group Chase
"Thanks Bryan! I will reach out to Nedy right now..."
Jan 6, 2013
Ann Wilkins replied to Julian Jahoo CDPE, SFR, ABR's discussion Chase investor reduces seller closing costs on the day of closing... in the group Chase
"I had this happen on one of my first short sales where I was representing the buyer - it was with Ocwen.  The listing agent and I chipped in to cover the short fall but from then on I have never asked for credits.  Our market is so…"
Jan 5, 2013
Mike Horton replied to Julian Jahoo CDPE, SFR, ABR's discussion Chase investor reduces seller closing costs on the day of closing... in the group Chase
"I would suggest that you did not have "full approval" but I could be wrong. Full approval would be where Chase has sent you and your seller a letter that states the terms of acceptance which is in effect a contract between the seller…"
Jan 5, 2013
Bryant Tutas replied to Julian Jahoo CDPE, SFR, ABR's discussion Chase investor reduces seller closing costs on the day of closing... in the group Chase
"It happens. Happy it was sorted and closed. I just gave you info to one of members, Nedy Blanchard, for a referral in Durham. Here's her info if you want to reach out to her. She's an agent   http://www.floridadigs.com/"
Jan 5, 2013

Profile Information

First Name
Julian
Last Name
Jahoo
Are you a...
Agent
State
NC
City
Durham
My Profile
Now accepting referrals for North Carolina (Raleigh, Cary, Durham, Mebane, Graham, Chapel Hill,Pittsboro and all of Wake, or areas by request) 919-302-2403.
An Englishman with southern charm!
CDPE and SFR Certified with Short Sales ABR.
Originally from England, Julian has spent the past 14 years in the Triange of North Carolina married to Sonya with 3 wonderful children Reese 10, Vanessa 14 and Emmy 3 months.
In an area with so many opportunities and so much to offer, Julian understands why so many people like calling North Carolina home.
Julian devoted 10 years to traveling with Royal Caribbean Cruise Lines as Maitre'd, and continued working in the hospitality industry after coming to North Carolina.
He assisted in opening Spice Street restaurant in Chapel Hill as the general manager, and from there became part owner of Symposium Cafe in the newly renovated American Tobacco District in downtown Durham. Energetic and determined best describes his personality, and his greatest strength,by far, is customer service. It's what his career has always depended on. He continues to be committed to the service of people in real estate and his keen eye for business insures that no detail is left unattended to. "Trust is something that is earned", says Julian"and given the opportunity, I feel confident that I will surpass your expectations." Please feel free to contact Julian or visit his website for further information. You'll enjoy the process that leads you home.
Career Achievements and Professional Designations
Selling agent for Fonville Morisey for the Month of November & December 2006, January, April & December 2007, March & April 2008, November and December 2009.
Listing agent of the month of December 2006, January 2007, July and August 2008, August 2009 For Fonville Morisey
Fonville Morisey Chairman Club Council Member 2006, 2007 and 2008, 2009, 2010, 2011 and 2012 Awarded to Agents with closed sales volume between $5 million and $10 million.
Post License Courses
Graduate of Fonville Morisey School of Real Estate Licensing.
Graduate of Fonville Morisey Sales Associate Training Course. Board of Realtors
Board of Realtors
Member of Durham Regional Association of Realtors
Member of North Carolina Regional Assocition of Realtors
Member of National Association of Realtors
Member of Triangle Multiple Listing Services

Comment Wall (3 comments)

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At 9:41am on July 16, 2011, Pamela Lester said…

Julian,

Thanks so much for the phone number.  I will keep it handy.  Please let me know as you progress on your short sale if you run across something that will be helpful!

At 7:55am on June 14, 2011, Pamela Lester said…
Thanks Julian, I appreciate the number!
At 2:12pm on June 13, 2011, Pamela Lester said…

Julian,

We also are having a hard time getting through to Litton as they are not responding to emails and phone.  Did you find any phone numbers which helped?

 
 
 

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