Crazzzeeeee!!! They are as bad to work FOR as to work WITH!I just got off the phone w/a negotiator in the Phoenix offices. She was very helpful with my last B of A short sale, and I sent her a…Continue
"Julie, you will likely have to get written estimates to fix the damage, then WF/Ocwen will be more likely to take your "discounted value". I had to do this on a fixer last year, and after that, it went smoothly. It may not be WF…"
"Cara, Ocwen is great (IMHO) as long as they don't get thrown a curve ball! And the seller's request to stay in the home longer was a curve ball, and ridiculous on the seller's part. I had a similar problem with short sale ready to go,…"
"Ummmm, weird situation. So the xhubby is still on the Ocwen second, and didn't BK out?
The short sale escalation email addy on the Ocwen page and Michael Rapp at Ocwen were helpful to me. You might send them an email, both at the same time,…"
"My buyer (in Cali) bought an FHA flip property. There is a 90 day required wait period--the owner must own the home 90 days before the buyer's lender can turn in the loan/open the file. We had a great seller who was willing to wait. We put the…"
Is HAFA the only short sale you can do? Does it have to be HAFA? I would send an email to the Ocwen short sale team and copy Micheal Rapp on it. Keep it detailed but brief and ask for help. Be sure to attach written communication from…"
"Well, in the end it would have been difficult. Every 30 days, they wanted a new package. This particular short sale took a year, and seller was in BK. PNC was the second, and was stripped in the BK, so we got a lien release and could quit dealing…"
"Well, you are never "dead in the water" after only one rejection. Maybe after 6 rejections...but even then.....
Did you get a response from PNC to find out WHY the investor wants so much more than the BPO? Something is amiss here. I'd…"
"Jayne, congrats!!! My Ocwen SS should close this week. Michael Rapp does not return email, but I always got the help I was asking for when writing ti him or SSEscalation. It's been grueling, but almost there!!"
"Amy, Brett--in my most recent experience--two weeks ago and on going, I have found that if you email Michael Rapp and escalation at the same time, things seem to move, but neither will respond to emails. I have a 10 month short sale with Ocwen on…"
"Very sorry you are having this problem. I have a PNC Bank 2nd lien,and in my experience and opinon, this lender is in the dark ages when it come to short sale workouts! Like they are operating from day 1, not 6 years later!! I've…"
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