Need advice......I have an upcoming short sale listing with an IRS tax lien on it.The property value is around $550K. But loans are around $700K. Owner tried to refinance but obviously failed due to…Continue
From a colleague, she asked:"If anyone has any input working with Fay servicing I would love to hear it! Got a curve ball today from Citi that first was “transferred to Fay servicing” and a refusal…Continue
Has anyone experienced this? On August 10, Greentree, as second lien holder, sent conditional approval for $20,0000, with deadline of Sept. 21. They were told that CITI as the 1st lien holder will…Continue
Just received call from someone who wants to know about short sales for CAL VET. He's tried three agents, no one has any experience with this short sale. Is it any different from what we're…Continue
This is a first for me.
I heard about a short sale seller who sold his house in 2009. Several years later, they find out that the buyer is selling the house. The previous owner loved that house and would like to buy it back.
Are there any rules to prevent him from doing so? He has already repaired his credit and in a better financial situation today than before.
He doesn't know who the current owner is....but he has been driving by the house he lost, and found out it's…
Has anyone experienced this?
On August 10, Greentree, as second lien holder, sent conditional approval for $20,0000, with deadline of Sept. 21. They were told that CITI as the 1st lien holder will only approve $8,500. Greentree negotiator said to send her CITI approval in writing once received.
CITI grants written approval Sept 5 ---enough time to meet Greentree's deadline...but when Greentree was called to give them CITI's approval, Greentree…Continue