Katie S.
  • New York
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Katie S. replied to Katie S.'s discussion Will OCWEN approve shortsale on vacant home? in the group OCWEN
"Thanks all for your input. I pulled the full foreclosure case file and property records (I even pulled the owner's bankruptcy records through PACER), and I couldn't find anything that explains the banks withdrawal. I'll order a title…"
Mar 22
Dean E Eshelman, CPA, CDPE, IRES replied to Katie S.'s discussion Will OCWEN approve shortsale on vacant home? in the group OCWEN
"Run title report letter to see what the issue was with the FC that was not completed. It should show up on title."
Mar 21
Brett Goldsmith replied to Katie S.'s discussion Will OCWEN approve shortsale on vacant home? in the group OCWEN
"Yes, you can short sale vacant property's. At times Florida has very slow foreclosure proceedings. Depending on the investor on the note and the delinquency factor, a short sale may be disqualified."
Mar 21
Daniel Sandoval replied to Katie S.'s discussion Will OCWEN approve shortsale on vacant home? in the group OCWEN
"actually you are correct...I had one that closed on january where the home was never foreclosed  and seller assume it was foreclosed and was boarded up by the city because of some illegal activity that even the seller was never aware of. The…"
Mar 21
Paula Bachman replied to Katie S.'s discussion Will OCWEN approve shortsale on vacant home? in the group OCWEN
"It seems to me that vacancy is not the issue. There may be issues with the title that need to be resolved."
Mar 21
Daniel Sandoval replied to Katie S.'s discussion Will OCWEN approve shortsale on vacant home? in the group OCWEN
"Ocwen will work a short sale even if the home is vacant...i have worked shortsales in calfiornia and some homes were owner occupied and vacant.. Just advice the client that they will not be able to get a reloction incentive unless the home is owner…"
Mar 21
Katie S. added a discussion to the group OCWEN
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Will OCWEN approve shortsale on vacant home?

My basic question is, would OCWEN approve a short sale on a house that has been vacant for 9 years? It was a single family primary residence before the owners defaulted in 2007 and moved out in 2009. The foreclosure suit was filed in 2008 but never completed. The bank eventually withdrew the FC in 2015 and the house continues to just sit there. It's still vacant and the bank continues to pay the taxes and keep it winterized. The owners want nothing to do with it, and in NY it's fairly simple…See More
Mar 21
Katie S. joined James ferebee jr's group
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OCWEN

Ocwen short sale informationThis group is for information, tips and solutions for OCWEN short sales.See More
Mar 21
Katie S. is now a member of Short Sale Superstars
Mar 14

Profile Information

First Name
Katie
Last Name
Sherwin
Are you a...
Buyer
State
New York
City
Ballston Lake

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