Started this discussion. Last reply by Susan Burhoe May 1, 2010. 2 Replies 0 Likes
I am unfamiliar on how to advise my buyers. The primary bank was going to accept our deal but now says the 2nd mortgage holder isn't willing to negotiate so property will go up for sale at the…Continue
Started this discussion. Last reply by Juan Reyes Mar 25, 2010. 3 Replies 0 Likes
Just got ANOTHER deal on my BOA Short sale and all paperwork was submitted yesterday.. This is our 6th time around on this property.(we did get a few approvals but buyers walked just prior and had…Continue
Tags: florida, short sale
Posted on June 11, 2010 at 6:04am 0 Comments 0 Likes
I have been negotiating a short sale on a Florida condo with Konduar Capital and they have been pretty wonderful through the whole process - UNTIL..... we got down to the second lien holder who won't play ball - even though the foreclosure sale is coming up next week. The negotiator who is handling everything at Kondaur has advised that the buyer should go down to the court and just purchase at our agreed price in the contract. We have been informed what has and has not been paid and what…
ContinuePosted on March 24, 2010 at 12:57am 6 Comments 0 Likes
Short Story: BOA approved my short sale after a lengthy process - CUT my & other agent's commission too. Buyer walked because he didn't like home inspection. Found ANOTHER buyer in two weeks for $10,000 less. Resubmitted to same negotiator last Friday with all kinds of estimates for repairs (per advice from Bryant Tutas - THANKS!!) GOT AN ACCEPTANCE OF DEAL LAST NIGHT!! Close in 2 weeks, MY OWN BUYER AND THEY PUT MY COMMISSION BACK UP WHERE IT BELONGS!! WOW! I almost feel like I'm…
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