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Pamela Walsh's Discussions

MI Company ~ Deficiency Claim on Borrower

Started this discussion. Last reply by Brian Avery Apr 20, 2011. 4 Replies

We have a shortsale with Nationstar Loan Balance of $ 320,000 MI with United Guaranty.  Net payoff to Nationstar is $159,600.  United Guaranty wants $10,000 cash contiribution or a $25,000 unsecured…Continue

Short Sale Software

Started this discussion. Last reply by Nick Reuter Jul 29, 2010. 3 Replies

Hi, Is anyone using a really good SS software program? Looking for a program that tracks the sale with file information, document copies, reminders, contact database etc. Appreciate your input!


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Short Sale Management Software

Posted on July 23, 2010 at 8:00pm 1 Comment

Hi ..We are looking for a really good SS management software program?

Ideally we would like it to have the capability to track the sale and a calendar timeline with reminders, have a running communication log, forms to access. file information and documents storage, analysis spreadsheet, contact database and maybe fax capability ...etc. Dreaming about that program that has all the buzzers and bells...maybe could cook dinner too!! ;-)

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At 6:46am on June 28, 2013, Deborah McKnight said…

I have an offer accepted for a short sale (I'm represent buyer)....the sellers must move out of the state due to job buyers are living in an RV...I am wondering out loud..what if the PROSPECTIVE buyers of this short sale sign as a Home Tender, without compensation OR paying rent?  I was leary of their paying rent as I was concerned that the short sale 'armslength' could be compromised...perhaps this would work.  The home would continue to be cared for..the sellers can move to the new job and my buyers would be out of the cramped RV lifestyle.  I do think this is a strong short sale as the property is fairly priced and the BPO should come in as a valid value.  Thoughts?

At 2:52pm on June 7, 2010, Bobbye Hansen said…
Pam, I wish you SUCCESS!!! You will get this deal done! Like I told you, they are not willing to accept less than 10% and so, if you can do that, and schedule a closing, guaranteeing that it will get done...........IT WILL!!!


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