"sure. I'd be happy to talk to you about it and help you out if I can. Call me on 310-463-8488"
Rob McGarry's Page
Latest Activity
Kimberly Sloss left a comment for Rob McGarry"Hi Rob,
Since you have successfully closed with Ocwen would you be interested in negotiating on my short sale listing with them? I have an above market value all cash offer to present."
Smitty replied to Rob McGarry's discussion OCWEN Short Sale attempt December 2009 in the group OCWEN"Brian, you're comparing a short sale to a foreclosure. His issue was the deficiency wasn't waived. My point is the homeowner and buyer can enter a contract for purchase, but it is the lender who holds the final cards and say over whether…"
Brian Peters Jr replied to Rob McGarry's discussion OCWEN Short Sale attempt December 2009 in the group OCWEN"Not to disagree with you, but I believe that your overall attitude is a little off kilter.
The bottom line is not the contract that was entered into between the lender and the homeowner, it boils down to this:
Who has the money and who…"
Smitty replied to Rob McGarry's discussion OCWEN Short Sale attempt December 2009 in the group OCWEN"I've found that I can ask for supervisors, demand, explain...all to no avail. Bottom line is the home sellers entered a contract with the lender long before I ever came along, so the lender calls the shots. The incentive for your home owner is…"
Rob McGarry commented on James ferebee jr's group OCWEN"Jason, This all happened in Feb/March 2010. Payoff percentage on the 1st was about 75% on a pretty big loan (I'm in a super jumbo market).
I know you are looking for some sort of "silver bullet" explanation, but it really did just…"
Rob McGarry commented on James ferebee jr's group OCWEN"Julia, what Jason was describing is how a bank collects on a deficiency balance. There's nothing illegal about that. The problem was that he didn't negotiate debt relief into the short sale. If it's a recourse loan, the bank still has…"
Rob McGarry commented on James ferebee jr's group OCWEN"Jason,
Before you continue your rant and cause more malfunctions with your inadequate spell checking software, here is the verbiage from the supplemental letter I received on a recent CLOSED short sale with Ocwen:
"The loan will be…"
Rob McGarry commented on James ferebee jr's group OCWEN"Jason and Christian,
Ocwen WILL report loans as paid, but you have to get to the right person to achieve this. The office of the Ombudsman will issue you a letter that is supplemental to the Discount Payoff Agreement and Release of Claims, but…"
Julia Huntsman, CDPE, e-PRO, SFR left a comment for Rob McGarry"Thanks for your input. Their short sale package claims they're not giving more than 6% total for costs and commissions, but I'm seeing that others are negotiating better than that. Thanks."
Rob McGarry left a comment for Julia Huntsman, CDPE, e-PRO, SFR"I didn't have a looming foreclosure on mine, but I don't think Ocwen is in the business of taking property back either. It's a small bank. Assuming you have a signed offer and complete package, get it submitted, then call Josh (see…"
Julia Huntsman, CDPE, e-PRO, SFR left a comment for Rob McGarry"Hello Rob, I'm looking for answers as fast as I can. I just started working with borrower yesterday who just got a Notice of Sale scheduled for May 10th. His Ocwen negotiator had no clue about foreclosure sale. Do you know who could be contact…"
Rob McGarry commented on James ferebee jr's group OCWEN"Before you go any further, get a new listing signed with a higher commission. Make sure you DO get paid!
Sending everything to the exec team will just get a you a call from Josh. He's the guy who makes things happen. You might save some time by…"
Rob McGarry commented on James ferebee jr's group OCWEN"Christian,
Here's all you need:
Josh Coykendall at Ocwen Loan Svcing 866-779-8080 - that's a direct line. He returns all the messages left for the execs and keeps you out of India.
Josh won't give you his e-mail address but his…"
Rob McGarry replied to Chris Black's discussion Ocwen Refusal to Negotiate from 2nd Lien Position Demand for $18,000 in the group OCWEN"I contacted the Chairman/CEO a few weeks ago on my deal and got exactly what I wanted. Ocwen has a department that responds to those messages as a consumer advocate...VERY helpful."
Rob McGarry commented on James ferebee jr's group OCWEN"I was told that if there is ANY writing on that form, it will not be accepted. And specifically, writing $0 was mentioned by the Ocwen rep.
Kent - Did you actually do it that way?
Even so, the last paragraph of the letter clearly states that they…"
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- First Name
- Rob
- Last Name
- McGarry
- State
- CA
- City
- Manhattan Beach
Comment Wall (3 comments)
- At 11:37am on May 26, 2010, Kimberly Sloss said…
- Hi Rob,
Since you have successfully closed with Ocwen would you be interested in negotiating on my short sale listing with them? I have an above market value all cash offer to present.
- At 11:30am on April 21, 2010, Julia Huntsman, CDPE, e-PRO, SFR said…
- Thanks for your input. Their short sale package claims they're not giving more than 6% total for costs and commissions, but I'm seeing that others are negotiating better than that. Thanks.
- At 10:30am on April 21, 2010, Julia Huntsman, CDPE, e-PRO, SFR said…
- Hello Rob, I'm looking for answers as fast as I can. I just started working with borrower yesterday who just got a Notice of Sale scheduled for May 10th. His Ocwen negotiator had no clue about foreclosure sale. Do you know who could be contact for getting sale date postponed. They now want a short sale, but need postponement or forbearance. Hope you can help.
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