Pat Hood
  • Arizona
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Pat Hood's Discussions

What Are the Federal restrictions and requirements on the short sale arms length affidavit?

Started this discussion. Last reply by Pat Hood Feb 9. 4 Replies

Appreciate any information,Have approval from Ocwen and BAC on a short sale but Ocwen's arms length affidavit states buyer cannot resell for more than 120% of short sale price until the 91st day…Continue

Typical percentage to settle BAC HELOC?

Started this discussion. Last reply by Pat Hood Dec 21, 2016. 4 Replies

Hello,Just got Ocwen approval on a 1st lien but have a $49,500 HELOC with BAC. Ocwen has offered $2000 to BAC. I know they will want more as a HELOC than a second mortgaqe. 10% reasonable?  Or is…Continue

Ballpark on HELOC 2nd's realistic settlement percentage?

Started this discussion. Last reply by Pat Hood Nov 15, 2015. 4 Replies

Hi...Short sale with Chase first and $98,000 HELOC with Everbank. Investor on 2nd is River Source Life Insurance Company, Minneapolis, Mn.Everbank has rejected my first HUD where I offered them…Continue

 

Pat Hood's Page

Profile Information

First Name
Pat
Last Name
Hood
Are you a...
Agent
State
Arizona
City
Cave Creek
My Profile
Agent since 2002. Short sales since February, 2009.Joined Short Sale Genius for training.Found a passion in helping homeowners and "getting the deals done!"Have found my "stubborn" and "persistent" personality actually work well with short sales! Learn more with every deal I do! Life before real estate: teacher, MS in counseling, VP of Marketing for real estate company in Chicago, and President and owner of Association Management Company in Scottsdale... Looking forward to a group of professionals where we can exchange ideas and give and get help!

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