Scott R. Fuller
  • San Ramon, CA
  • United States
  • CA
Share on Facebook
Share

Scott R. Fuller's Friends

  • Rosemary Brooks
  • Terry L. Osburn
  • Mayra Espinosa CDPE, HAFA, SFR

Scott R. Fuller's Discussions

Need Wells Fargo escalation contact, foreclosure date Monday Nov 25th

Started Nov 22, 2013 0 Replies

Hi everyone, I have a WF 1st short sale that has a sale date set for Monday. They have had all the paperwork they need to submit postponement request to the investor for weeks now, but the request…Continue

 

Scott R. Fuller's Page

Latest Activity

Scott R. Fuller posted a discussion

Need Wells Fargo escalation contact, foreclosure date Monday Nov 25th

Hi everyone, I have a WF 1st short sale that has a sale date set for Monday. They have had all the paperwork they need to submit postponement request to the investor for weeks now, but the request still has not been sent to the investor by our negotiator. She keeps saying she is working on it but we have little faith she is going to get it submitted in time. We have talked to the foreclosing attorneys office several times but they keep saying they don't have the request package from WF and they…See More
Nov 22, 2013
Scott R. Fuller joined Bryant Tutas's group
Mar 6, 2012
Kevin - Greenville, SC replied to Scott R. Fuller's discussion BOA not accepting "transactional funding" as buyer POF's in the group Bank of America Short Sales
"Has anyone dealt with this issue recently?"
Feb 29, 2012
Thom Colby CA Brkr 888-391-5245 replied to Scott R. Fuller's discussion Need help negotiating Citi 2nd lien release now with NCO Financial in the group Citi
"Interesting -   She owes $28K and has $30K in the bank but doesn't want to pay her debt.....  Sounds pretty clear to me.   Thom Colby Broker Newport Beach CA"
Mar 11, 2011
Scott R. Fuller added a discussion to the group Citi
Thumbnail

Need help negotiating Citi 2nd lien release now with NCO Financial

Hi Gang, I have a BOA approval on our 1st and we are trying to settle a Citi 2nd that has been sent to NCO. NCO claims they did not buy this note and are negotiating for Citi, and that Citi will only release the lien for 50% of the balance, which ends up being around $14K. The seller in this situation has about $30K in the bank which is why they are asking for so much. She is willing to pay $8K or $9K but will walk if forced to pay the full 50%. NCO says it is their final and best offer. Any…See More
Mar 11, 2011
Alan Remigio replied to Scott R. Fuller's discussion BOA not accepting "transactional funding" as buyer POF's in the group Bank of America Short Sales
"Buyer needs to look for another TF or you may want to move on from this guy. Banks are very reasonable with a proven TF and any POF letter must contain the amount lendable, name and contact info of the TF (obviously to verify) and the name…"
Feb 28, 2011
Mary Wilcox replied to Scott R. Fuller's discussion BOA not accepting "transactional funding" as buyer POF's in the group Bank of America Short Sales
"I'm an investor also (and Realtor) and I smelling fish.  <smile> There's not really a sound, logical reason for the finance company not to  identify the buyer on the letter. fish-fish-fishy..."
Feb 28, 2011
Steele V. Propp replied to Scott R. Fuller's discussion BOA not accepting "transactional funding" as buyer POF's in the group Bank of America Short Sales
"Have to agree with my colleagues.  There is no reason why the transaction lender would not put the buyer's name on the approval letter.   Sounds very fishy.  How thoroughly have you researched your buyer?   Steele"
Feb 28, 2011
Ben Racela replied to Scott R. Fuller's discussion BOA not accepting "transactional funding" as buyer POF's in the group Bank of America Short Sales
"Strange that the "transactional funding" company will not provide any proof that the buyer is "approved" for the amount of the purchase.  There are other companies that can assist and would suggest that the buyer locate a…"
Feb 28, 2011
Thom Colby CA Brkr 888-391-5245 replied to Scott R. Fuller's discussion BOA not accepting "transactional funding" as buyer POF's in the group Bank of America Short Sales
"Hi Scott -   No surprise by any of the Short Sale Lenders.  I've seen a lot of this lately and the lenders typically will not budge.  They want to see either a true Loan Approval in the actual buyer's name (not a…"
Feb 28, 2011
Wendy Smith replied to Scott R. Fuller's discussion BOA not accepting "transactional funding" as buyer POF's in the group Bank of America Short Sales
"I can totally understand BoA's position - how about if the letter is prepared as a typical pre-approval letter wherein the TL is approving the investor for $x funding?"
Feb 28, 2011
Scott R. Fuller added a discussion to the group Bank of America Short Sales
Thumbnail

BOA not accepting "transactional funding" as buyer POF's

Hi Gang, I have an investor buyer on my listing who is using a transactional funding company for their financing. The proof of funds statement does not have the buyer's name on it, and the funding company will not put their name on it. So, BOA will not accept this POF since there is no buyer name on it. The buyer's agent is trying to see what else the transactional funding company can provide, but they are not being very helpful. Anyone have suggestions of how to get around this?Thanks!See More
Feb 28, 2011
Katerina Gasset replied to Scott R. Fuller's discussion Correlation between opening a short sale and the notice of sale filed??? in the group Bank of America Short Sales
"I have not had this happen but I will not put anything past the banks. Especially if they are doing something like this. We have them calling our sellers after we have offers on their short sales with deed in lieu offers! They don't even…"
Feb 26, 2011
Kevin - Greenville, SC replied to Scott R. Fuller's discussion Correlation between opening a short sale and the notice of sale filed??? in the group Bank of America Short Sales
"Scott, I've never noticed any correlation with any of mine."
Feb 26, 2011
Scott R. Fuller added a discussion to the group Bank of America Short Sales
Thumbnail

Correlation between opening a short sale and the notice of sale filed???

Hi Gang, in the last 2 weeks I have submitted 5 new short sales, with lenders including BOA and Chase, and since then ALL have just received a NOS on their door. They ranged from 6 months delinquent to 2 years. Does anyone know if opening a short sale is a trigger for the investor to review the borrower's account and file a NOS? There must be, this just seems to ironic to be a coincedence. I wonder if I didnt open the short sale would the account file keep collecting dust with no reminder for…See More
Feb 26, 2011
Scott R. Fuller replied to Scott R. Fuller's discussion Citi 2nd charged off, at collections, how much should we offer them? in the group Citi
"Thanks everyone for the great input!"
Feb 22, 2011

Profile Information

First Name
Scott
Last Name
Fuller
State
CA
City
San Ramon

Comment Wall

You need to be a member of Short Sale Superstars to add comments!

Join Short Sale Superstars

  • No comments yet!
 
 
 

Members

© 2017   Created by Brett Goldsmith.   Powered by

Badges  |  Report an Issue  |  Terms of Service

********************************** like buttons ************************