Hello,We are buyers in a short sale. The property has three liens on it - two from the bank (SPS is the lien holder) and one from the IRS.Recently SPS released the two liens until June 15, 2014. The…Continue
Hello everyone,We are buyers in a SS which has two liens with SPS and one with the IRS. After waiting forever, we finally got approval from the IRS but it's only valid through JULY 31.SPS had originally issued a release on their two liens but they expired while we were waiting for the IRS. Now the seller has filed for an extension with SPS but things seem to be moving really slowly (they say it's in underwriting and they'll give us an answer in 48 hrs but nothing) ...considering we are close to…See More
I wanted to ask a follow-up question here. We did finally get the IRS lien lifted but now we are waiting on the bank to grant extensions on both their liens.
Unfortunately the IRS approval we were told was granted only on July 9…"
For Short Sale - OverviewHomeowners interested in pursuing a short sale, can call 888-818-6032 to speak with a Loan Servicing RepresentativesTo speak to a Loan Servicing Representative to Help you with answers to your questions regarding the status or history of your account call please call 888-818-6032Representatives are available Monday through Thursday from 8:00 AM to 11:00 PM, Eastern Time.Friday from 8:00…See More
"We had a similar situation where we had approvals from BoFA and while waiting for IRS approvals - they sold to SPS.
Unfortunately SPS did not honor the previous approval. Instead they went through their own process, did their own appraisal…"
Hello,We are buyers in a short sale. The property has three liens on it - two from the bank (SPS is the lien holder) and one from the IRS.Recently SPS released the two liens until June 15, 2014. The seller's agent has filed paperwork with the IRS to get that lien lifted but today they were told that it would take another 3 weeks (it's already been two weeks) for the application to be reviewed. This means we'd have to go back to SPS to get an extension on the 2 initial liens.My questions about…See More
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