Katherine Muhs
  • Female
  • Mammoth Lakes, CA
  • United States
  • CA
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Katherine Muhs's Discussions

include LLC and S corp info?

Started this discussion. Last reply by Bryant Tutas Sep 7, 2014. 1 Reply

On the Request for Mortgage Assistance, form does a seller need to include info regarding income from S-corp and assets in an LLC (with different names than borrowers)?  S-corp and LLC info flows…Continue

May 28, 2013 Guideline change?

Started this discussion. Last reply by Ron Scribner May 23, 2013. 6 Replies

Does anyone know what's happening regarding guideline changes on May 28, 2013?I just received a short sale approval letter, saying we have to close escrow by May 28 (that's in 7 days!) even though…Continue

May 28, 2013 changes?

Started this discussion. Last reply by Katherine Muhs May 22, 2013. 2 Replies

Just received a short sale approval letter stating escrow has to close no later than May 28, 2013 (in 7 days!). Negotiator states it's because of  "...some upcoming guideline changes" so they're not…Continue

Investors no longer postponing FCs to complete short sale?

Started this discussion. Last reply by Debbie Parkans Sep 4, 2012. 19 Replies

I just had a BofA negotiator tell me that we HAVE to close escrow on our short sale 1 week before the upcoming scheduled trustee sale (Calif) because the investor (Bank of NY Mellon) won't postpone…Continue

 

Katherine Muhs's Page

Latest Activity

Bryant Tutas replied to Katherine Muhs's discussion include LLC and S corp info?
"all personal income goes on the form. just put the amount that passes through as other income. they will need to provide a P and L statement for the s corp and LLC  Unless they only receive w-2 income then it's just regular income and you…"
Sep 7, 2014
Katherine Muhs posted a discussion

include LLC and S corp info?

On the Request for Mortgage Assistance, form does a seller need to include info regarding income from S-corp and assets in an LLC (with different names than borrowers)?  S-corp and LLC info flows thru to personal income taxes. Purchase money loan, stated income loan, & loan and property in their individual names.See More
Sep 6, 2014
Katherine Muhs commented on Jeff Payne's group US Bank
"Just received a phone call from a client homeowner wants to do a short sale on her Hawaii property. US Bank is the (only) lien holder. She suggested bringing in a negotiator to process the file. Does anyone know a negotiator licensed in Hawaii to…"
Jul 22, 2014
Katherine Muhs joined Jeff Payne's group
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US Bank

US Bank services Florida Housing loans Ph#: 1-800-365-7900 Fx#: 1-866-563-9508See More
Jul 22, 2014
Katherine Muhs replied to Katherine Muhs's discussion time to hire 3d party negotiator in the group Chase
"Thanks Tom! ( Yes I am aware of Cal requirements for broker license.) I can pass on your contact info."
Sep 26, 2013
Thom Colby CA Brkr 888-391-5245 replied to Katherine Muhs's discussion time to hire 3d party negotiator in the group Chase
"Katherine, Keep in mind, in California, short sale negotiators are required to be licensed Brokers or Salesperson (and employed by a Broker) in the State of California.  Be careful not to engage someone who is not licensed by the…"
Sep 26, 2013
Katherine Muhs replied to Katherine Muhs's discussion time to hire 3d party negotiator in the group Chase
"oops sorry, I'm in California. "
Sep 26, 2013
Ben Benita replied to Katherine Muhs's discussion time to hire 3d party negotiator in the group Chase
"I know a REALLY good one....ME!!! ;-) Email me - Ben@ShortSaleShop.net"
Sep 26, 2013
Matthew Merenoff replied to Katherine Muhs's discussion time to hire 3d party negotiator in the group Chase
"Katherine, Check me out on face book and twitter acct along with linked in. Realestate Recovery Group LLC   In 3 weeks I will be doing a taping on what I do for a shot at a TV show !!!:) I love to see if you like to on one of my calls that…"
Sep 26, 2013
Jan Sanderlin replied to Katherine Muhs's discussion time to hire 3d party negotiator in the group Chase
"What state are you in???"
Sep 26, 2013
Pattilynn Guilford replied to Katherine Muhs's discussion time to hire 3d party negotiator in the group Chase
"Msg me you contact info."
Sep 26, 2013
alisa hagner replied to Katherine Muhs's discussion time to hire 3d party negotiator in the group Chase
"Where are you? Chase is doing ss in equator."
Sep 26, 2013
Katherine Muhs added a discussion to the group Chase
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time to hire 3d party negotiator

Can anyone out there recommend a 3d party negotiator? 2 Chase Loans. Listing agent needs help (I represent buyer). See More
Sep 26, 2013
Katherine Muhs joined Wendy Rulnick's group
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Chase

Working with all divisions of Chase. Share tips, stories, reference info!This group is for information, tips and solutions for Chase short sales.See More
Sep 9, 2013
Katherine Muhs replied to David Zagorsky's discussion $20- $30,000 When Short Sale Guidelines
"This is all great info--especially comparing property sale prices to the HIN incentive offered. Clearly it's not based on property values, per the postings in this thread. Thanks for sharing everyone! I just received HIN offer of $5006.46 +…"
Aug 28, 2013
Katherine Muhs replied to Katherine Muhs's discussion last minute short sale in the group Bank of America Short Sales
"Thanks for the input everyone. I found out that the loan mod option is still in effect as the seller hasn't turned it down yet so we have (a tiny bit) more time. My question now is....If I initiate a preapproved HAFA short sale on Equator…"
Jun 20, 2013

Profile Information

First Name
Katherine
Last Name
Muhs
Are you a...
Agent
State
CA
City
Mammoth Lakes
My Profile
I have been a licensed realtor-associate since 2003 and closed my first short sale in 2007--which is when short sales first hit our market. My strengths include thinking ahead to avoid problems learned from past transactions, problem solving while staying within the law, and hawklike attention to detail. Want a super sharp short sale agent? That's me!

Katherine Muhs's Blog

Bogus BPO broker?

Posted on December 27, 2011 at 9:48am 3 Comments

I just found out the broker that did the BPO on one of my short sale listings (bank is Chase/Wachovia) is not a member of the MLS where the property is located. In fact I've never known him to do business in my area (he's about 45 miles away) and isn't even a full-time or part-time agent in his own area. The 3d party company that hired him to do the BPO states specifically "Do not accept this BPO if you are not a member of the MLS." But the broker did. What would you do: wait and see what…

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