Reggie
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Coastal Carolina Judgement...anyone?

Started this discussion. Last reply by Brett Goldsmith Oct 28, 2016. 3 Replies

Anyone ever dealt with a coastal carolina judgement on a short sale?  Judgement is for 10k, as of today their total requested is 15k with interest added daily.  Figured I would ask here just in case…Continue

OCWEN foreclosure hearing- Anyway to stop with a potential offer?

Started this discussion. Last reply by Kelly W. Maynard Dec 16, 2012. 6 Replies

I have a short sale listing with ocwen. The owner said they have a hearing tomorrow, Thursday and it will be pretty much over and done with and on to foreclosure.  I'm pretty sure I have an investor…Continue

Short sale 1099 and deficiency judgments

Started this discussion. Last reply by Smitty Aug 23, 2012. 2 Replies

Ok do you all do verbage such as " Bank accepts buyers amount as payment in full without pursuit of any deficiency judgment to seller." etc., in attempt to protect the seller?  And what is the latest…Continue

Electronic sigs with Ocwen?

Started this discussion. Last reply by Victor Mendoza Sep 23, 2014. 2 Replies

I remember on my last contract they wanted no scratch throughs and no hand written anything except the signatures.  I'm wondering if I use an esig progam like Dot Loop will this suffice for ocwen?…Continue

 

Reggie's Page

Latest Activity

Reggie commented on Wendy Rulnick's group Chase
"I have a chase short sale through equator. under contract ready to close. It has been under contract for quite some time with two scheduled foreclosure sale dates that were postponed.  We have sell date for the first of February now and are…"
Jan 16
Reggie joined Wendy Rulnick's group
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Chase

Working with all divisions of Chase. Share tips, stories, reference info!This group is for information, tips and solutions for Chase short sales.See More
Jan 16
Reggie replied to Reggie's discussion Coastal Carolina Judgement...anyone?
"They are second to the mortgage and that's it as far as I know..."
Oct 27, 2016
Brett Goldsmith replied to Reggie's discussion Coastal Carolina Judgement...anyone?
"Never heard of them, but I address most judgments the same. Make them a lower offer you can perform on and then adjust accordingly. Are they in a position to recoup funds if the home goes to…"
Oct 27, 2016
Reggie posted a discussion

Coastal Carolina Judgement...anyone?

Anyone ever dealt with a coastal carolina judgement on a short sale?  Judgement is for 10k, as of today their total requested is 15k with interest added daily.  Figured I would ask here just in case anyone had any advice....Thanks in advance.  See More
Oct 27, 2016
Reggie posted a status
"Anyone have any loss mitigation escalation contacts for US Bank ....trying to postpone/extend an equity sale"
Sep 29, 2015
Kelly W. Maynard replied to Reggie's discussion OCWEN foreclosure hearing- Anyway to stop with a potential offer?
"Amen Sister!  I hear this all the time from investors.  It is so funny!  Can they not understand that the Lender/Investor wants at least 88% of the FMV.  You are so right, this is not a hard concept to understand."
Dec 16, 2012
Kathy Fuhriman replied to Reggie's discussion OCWEN foreclosure hearing- Anyway to stop with a potential offer?
"An offer of 60% of FMV is never going to be approved. Even with bank owned I can never figure out how people think that the bank will ever accept that. Banks/lenders are in the business to make money and they have no motivation to help investors…"
Dec 14, 2012
Wayne Brooks replied to Reggie's discussion OCWEN foreclosure hearing- Anyway to stop with a potential offer?
"Without knowing what kind of hearing is set, it's hard to guess. If it's a summary judgement hearing, it's still possible but more difficult.   As for an offer, if you allowed the owner to accept an offer of 60% FMV, you…"
Dec 12, 2012
Brett Goldsmith replied to Reggie's discussion OCWEN foreclosure hearing- Anyway to stop with a potential offer?
"Reggie,         Ocwen may be the number 1 offender in not postponing sale dates. Do you know when the sale date on this property is set for? If you have any questions feel free to contact me as my door is always…"
Dec 12, 2012
Reggie posted a discussion

OCWEN foreclosure hearing- Anyway to stop with a potential offer?

I have a short sale listing with ocwen. The owner said they have a hearing tomorrow, Thursday and it will be pretty much over and done with and on to foreclosure.  I'm pretty sure I have an investor who would offer 60% or so of market value or. I think her outstanding amount is 130k + or somewhere in there.  Is there any chance of haulting the proceedings or is there a contact that I can speak with or try to speak with, that might be able to entertain a an offer.  Refurbished the home should…See More
Dec 12, 2012
Smitty replied to Reggie's discussion Short sale 1099 and deficiency judgments
"You can put any verbiage you want in the contract, but the long and short of it is the bank will do what the investor requires, and if you aren't meeting a minimum net, or the investor REQUIRES post closing deficiency verbiage, there are little…"
Aug 23, 2012
TOP END Properties replied to Reggie's discussion Short sale 1099 and deficiency judgments
"I always require 'waiver of deficiency' and the 'balance settled' verbiage and I suggest you do too.  Anyone can get a short sale approved with the sellers owing the difference, that's easy!"
Aug 23, 2012
Reggie posted a discussion

Short sale 1099 and deficiency judgments

Ok do you all do verbage such as " Bank accepts buyers amount as payment in full without pursuit of any deficiency judgment to seller." etc., in attempt to protect the seller?  And what is the latest with banks going after the seller after the short sale and how do you all try to protect them from that...if possible? See More
Aug 23, 2012
William F Griffin Jr replied to Reggie's discussion Electronic sigs with Ocwen?
"One of the short sales we are doing now with Ocwen was kicked back due to an electronic signature. Buyer is in China. He just signed adjacent to the elec. sig.  and it was ok."
Jul 24, 2012
Reggie posted a discussion

Electronic sigs with Ocwen?

I remember on my last contract they wanted no scratch throughs and no hand written anything except the signatures.  I'm wondering if I use an esig progam like Dot Loop will this suffice for ocwen? Anyone have any experience with this? ThanksSee More
Jul 23, 2012

Profile Information

First Name
Reggie
Last Name
Owens
Are you a...
Agent
State
South Carolina
City
Upstate
My Profile
www.TheInternationalPropertySearch.com

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