Paul Aceto
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  • Denver, CO
  • United States
  • Colorado
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Paul Aceto's Discussions

Etrade and Chase

Started this discussion. Last reply by Bryant Tutas Jul 1, 2011. 3 Replies

Help Needed. Etrade contact info or advice on a file. Hello. Home value is $900,000 in Colorado. 1st is Etrade with BofA as servicer. Etrade will only allow $3000 to Jr. Lien holder which is…Continue

Buyer Agent Credit with BofA S.S.

Started this discussion. Last reply by Paul Aceto May 24, 2011. 4 Replies

I have a closing on 5/27/11.  The original HUD did not include a buyer agent's credit to their client in the amount of $5000. Does anyone believe that this could be an issue upon final HUD review by…Continue

Buyer is agent, Chase is 1st lien holder

Started this discussion. Last reply by John Juarez May 3, 2011. 6 Replies

Dear fellow short sale specialists, Has anyone ever seen problems with a broker receiving commissions when they are also the buyer? Thank you, PaulContinue

$2000 shortfall between BofA and US Bank

Started this discussion. Last reply by SE Davis Nov 6, 2011. 12 Replies

Dear Short Sale Agents. I have been successful in escalating a file with US Bank as 2nd position lien holder. This escalation was successful due to the email addresses provided by short sale…Continue

 

Paul Aceto's Page

Profile Information

First Name
Paul
Last Name
Aceto
State
Colorado
City
Denver
My Profile
Residential Real Estate Broker specializing in assisting homeowners in default to prevent foreclosure.

Paul Aceto's Blog

Broker Contributions allowed by Freddie Mac to go to 2nd.

Posted on February 28, 2011 at 5:02pm 1 Comment

Please Advise. Does Freddie Mac typically allow for Broker contributions to go to the 2nd lien holder? This file is providing sufficient net to the 1st B of A, but the 2nd US Bank has refused to accept the allowed payoff.

 

Thank you.

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At 6:43pm on May 29, 2011, Tracy Gibson said…

Hey Paul.  In response to your question, I added some detail here: http://shortsalesuperstars.com/xn/detail/3468065:Topic:67493?xg_source=activity

 

They would not allow me to put any commission to the 2nd lien. "The money cannot come from anyone."

 

Push the Bank of America negotiator to ask Freddie Mac for more.  How much more do you need?

 
 
 

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