Kathy Fuhriman
  • Female
  • Tremonton, UT
  • United States
  • Utah
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Kathy Fuhriman's Discussions

Wells Fargo Financial SS not on Equator

Started this discussion. Last reply by Anna Parker Feb 19, 2013. 5 Replies

This SS is a conventional loan with Wells Fargo Financial a different division apparently than the bank or mortgage department. The short sale is not processed through Equator.The seller has provided…Continue

Tags: Wells Fargo Financial, Wells Fargo


Kathy Fuhriman's Page

Latest Activity

Kathy Fuhriman commented on Mori Langshaw Sr's group Reverse Mortgage Short Sales
"Does anyone know who to contact at the HUD-FHA loss mitigation department?  The owners took out a Reverse Mortgage on the home in 1999 and have both since passed away.  The house has sat vacant for at least 4 years now and the last owner…"
May 9, 2016
Kathy Fuhriman joined Mori Langshaw Sr's group

Reverse Mortgage Short Sales

If you have a client that has done a reverse mortgage and now needs to short sale, this is the groupSee More
May 9, 2016
Kathy Fuhriman joined Stephanie Lim's group

FHA - HUD Short Sales

HUD rules for FHA short sales, tips, experiences, etc.Fax LOA:  918-236-3274PH 877 622-8525See More
May 9, 2016
Kathy Fuhriman commented on Scott D. Remenaric's blog post IRS 1099
"Do you know whether The Debt Forgiveness Act was renewed for 2014?"
Feb 10, 2014
Kathy Fuhriman replied to Sharon Burgos's discussion Thoughts on collecting earnest money on short sales?
"I agree with Sharon's logic. I have requested the EM and the inspections to be done as soon as possible rather than waiting for 3rd party approval. The buyer needs to clear objections early in the transaction. Also the buyer needs to feel like…"
Oct 11, 2013
Kathy Fuhriman replied to Sarah Little's discussion USDA Rental Property
"Thanks for the USDA guidelines link, I have been searching for the information. I have a couple of questions in reading through it. What is: "Employee in a private or public organization-  SFHGLP Servicing Plan"? There are several…"
Oct 7, 2013
Kathy Fuhriman replied to Ryan Smith's discussion Wells Fargo Unwilling to Contribute Funds to Judgments on Title
"Seriously your first response is to see if the buyer or agent will contribute when the seller has likely not been making a payment on the house? One would think that the first place to go is the seller to see if they have saved up any money. Since…"
Jul 10, 2013
Kathy Fuhriman replied to Thalia Poulos's discussion Will investor ever deal directly with the shortsale buyer and hold paper
"The buyer is likely thinking that he could just take over the loan that is being shorted. If the lender was in a position to do that don't you think that notion would be made public for all buyers to inquire about? The lender the seller is…"
May 19, 2013
Kathy Fuhriman replied to Liz Clark's discussion BOA/HUD SS approved after a year but inspection reveals major problems
"Liz, It is not too likely for any repairs to be made on the home before closing. You will most likely need to get a loan program to purchase the home with a repair escrow built in to complete your desired repairs after you own the property. HUD does…"
May 2, 2013
Kathy Fuhriman replied to Nancy D.'s discussion Advice requested regarding BK property purchase
"If the property was lost in BK the BK trustee will be the one who is liquidating assets to pay off creditors. The owner would still need to sign the deed if the property is still in her name although the BK trustee would be negotiating terms.…"
Apr 28, 2013
Kathy Fuhriman replied to David's discussion What is a Certificate of Satisfaction
"David, Have you called the real estate broker who handled the short sale? Certainly if your name was on the mortgage you have a right to the approval letter whether you had quit claimed the property to your ex or not. Call the realtor."
Apr 19, 2013
Kathy Fuhriman replied to Sheyenne Schultz's discussion Thoughts on Fannie Mae's Homepath ShortSale Escalation portal! Are your overpriced counters getting resolved? yes or no
"Just a different spin on Fannie Mae at foreclosure. A recent trustees sale had a minimum bid of $222,000 and then sold back to bank for $176,000. They seem to be pushing the amount they will accept for investors at the courthhouse sale attempting to…"
Apr 14, 2013
Kathy Fuhriman replied to Gael Adair Grove, CDPE/SFR/ePro's discussion Short Sale with a Judgement in 3rd position
"The judgement will likely not get wiped out at foreclose sale as the reason for the judgement is personal with the lady and is not a true lien against the house. Just like fed tax liens they follow the person not the real estate. "
Mar 24, 2013
Kathy Fuhriman replied to Evelyn Santiago's discussion Bank of America Backs Down on Short Sale Request Due to Social Media
"In Utah only the buyer and seller sign the purchase and sale contract as the Realtors are not a party to the sale. The Realtors only sign the listing representation and buyer representation agreements. It is not acceptable to insert language into a…"
Mar 17, 2013
Kathy Fuhriman replied to E. Jaz Pinca's discussion Wells Fargo Denying Short Sale for NO Appraisal 10-days prior to Auction!
"Sounds like another episode of "Fannie Mae prefers REO not short sales". Fannie Mae is manipulating the short sale by holding on to the appraisal until after D-day."
Mar 13, 2013
Kathy Fuhriman replied to Jackie Merritt's discussion Multiple offers on short sale
"Utah short sale contracts say that the buyer or seller may cancel contract at any time prior to third party approval. If your contract has similar verbiage your obligation is to get whichever deal to closing that 1) has the highest likelihood of…"
Jan 22, 2013

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