Karen
  • Female
  • Florida
  • United States
  • Fl
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Karen's Discussions

HOA bank allowances

Started this discussion. Last reply by Wayne Brooks Dec 5, 2014. 3 Replies

What does a bank typically pay towards HOA fees in arrears? The property I'm short selling has 3 different HOAs.It's not a condo.Anybody know?Continue

Chase Won't Approve SS Without 2010 Taxes Filed?

Started this discussion. Last reply by Catherine Myers Nov 4, 2011. 2 Replies

This is the first time I've come up against this - anyone else?Chase has an extension for 2010 taxes from my Seller that expired this month.  They are now telling me they won't approve the short sale…Continue

 

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Karen commented on Wendy Rulnick's group Help Me!
"i have to ask boa to vacate an auction. they were notified of representation and a contract--what's the success rate for this?"
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Dec 19, 2014
Wayne Brooks replied to Karen's discussion HOA bank allowances
"Agree with Brett. Here in Fl the bank knows they'll only have to pay 1% of the mtg, or 12 mo.s of dues, whichever is less if they take it back at auction, so that's typically their limit."
Dec 5, 2014
Karen replied to Karen's discussion HOA bank allowances
"thanks"
Dec 3, 2014
Brett Goldsmith replied to Karen's discussion HOA bank allowances
"It depends on the investor guidelines and the NET proceeds being offered from the sale on if they will contribute. Typically they will pay one year of back due HOA fees max.  Feel free to contact me if you have any…"
Dec 3, 2014
Karen posted a discussion

HOA bank allowances

What does a bank typically pay towards HOA fees in arrears? The property I'm short selling has 3 different HOAs.It's not a condo.Anybody know?See More
Dec 3, 2014
Karen replied to Maria L Ramos/Broker's discussion Serterus
"Yes- I just closed 2. It was pretty easy!"
Dec 3, 2014
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"anyone know what is typically offered a a seller incentive and how much Carrington will pay towards a 2nd?"
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Carrington Mortgage Services

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Citi Bank

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Profile Information

First Name
Karen
Last Name
Lindholm
State
Fl
City
Boca Raton

Comment Wall (1 comment)

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At 12:51pm on November 26, 2012, Ben Benita said…

Let me know if I can help with any of your short sales.  I run a short sale processing and negotiations company, we do ALL the work, start to finish, and, get paid through the title/settlement companies so there is NO charge to you or your client (yes our services are free.....you get paid, we do all the work)

Thanks again, and, I hope we can work together in the weeks and months ahead.

 
 
 

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