Neil L.
  • Male
  • Louisville, KY
  • United States
  • Kentucky
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Neil L.'s Discussions

Short Sale Paperwork, Compiling and sending to clients electronically

Started this discussion. Last reply by Neil L. Jul 9, 2012. 5 Replies

Am I alone on this?I want to be able to easily create short sale packages.  Each page should be a fill-able form.  I want to auto-populate data like the loan number for them then email the entire…Continue

Tags: package, pdf, paperwork

Obama Paying $1,500 to Homeowners who do a Short Sale

Started Mar 8, 2010 0 Replies

The Obama Administration is going to begin paying Homeowners $1,500 in relocation assistance for doing a short sale beginning on April 1st!…Continue

Tags: assistance, obama, relocation, foreclosure, pay


Neil L.'s Page

Latest Activity

Neil L. replied to Joan Hawthorne's discussion Salene short sale in the group Selene Finance
"has anyone had success escalating with Selene Finance?"
Jul 6, 2016
Neil L. replied to Mega-Pros's discussion Starting a Selene Shortsale Now... in the group Selene Finance
"Did you ever get this resolved? I'm in a similar situation with Selene and need a contact to get my file looked at :(.  BPO was done 3 months ago and they have yet to counter-offer..."
Jul 6, 2016
Neil L. commented on Tiffany Alleshouse's group Selene Finance
"Vikki Lucas, did you ever get an escalation contact for Selene? I"m in the same boat and could use a name/number if you have one"
Jul 6, 2016
Neil L. joined Stephanie Lim's group


USAA Short SalesSee More
Mar 14, 2016
Neil L. commented on Wendy Rulnick's group Wells Fargo Short Sales
"We've been waiting 2.5 months for an extension on a short sale approval letter.  Wells Fargo asked for one updated document after another and 2 weeks ago said it would be another 14 calendar days to get it approved. We're now at the…"
Mar 9, 2016
Neil L. replied to Frank Biganski's discussion HUD FORMS OUT TODAY OCT 3 - NEW CLOSING DISCLOSURE STARTS OCT 6
"a good alternative that seems to satisfy short sale lenders:"
Jan 19, 2016
Neil L. commented on Tiffany Alleshouse's group Selene Finance
"Where do authorizations get faxed?"
Jan 9, 2016
Neil L. commented on Mori Langshaw Sr's group Flagstar Bank
"That's a great solution, thanks Ben!"
Dec 16, 2015
Neil L. commented on Mori Langshaw Sr's group Flagstar Bank
"Has anyone ever had Flagstar tell them a property must be listed for 4 months before they'll consider a short sale?"
Dec 15, 2015
Neil L. joined Mori Langshaw Sr's group

Flagstar Bank

Loss Mitigation Phone- 1800.968.7700 ext #9780 Fax Authorizations/Packages: 1866.234.9845See More
Dec 15, 2015
Neil L. commented on Wendy Rulnick's group VA Compromise Sales
"Anyone have tips on getting a VA auction postponed? Lender is Chase"
Dec 4, 2015
Neil L. joined Wendy Rulnick's group

VA Compromise Sales

Group devoted to discussions for Veterans Administration short sales, called Offers in Compromise, or VA Compromise Sales.See More
Dec 4, 2015
Pattie Johnson replied to Neil L.'s discussion New 15 Day FHA requirement, HOW? in the group Bank of America Short Sales
"Here's the best solution of all and frankly, I don't understand why it has happened already. Bank of America executes the FHA short sale process so BADLY, HUD should move all FHA servicing to other servicers. I hear B of A, FHA and short…"
Nov 17, 2015
Neil L. replied to Neil L.'s discussion Ocwen wants 50k more than BPO? Claims maximum loss investor will accept in the group OCWEN
"No MI as far as we know.  Lender has never mentioned it and we've asked multiple times.  haven't escalated but we're doing that tomorrow. Was hoping that this was heard of by someone before.  Nobody so far?"
Oct 7, 2015
Brett Goldsmith replied to Neil L.'s discussion Ocwen wants 50k more than BPO? Claims maximum loss investor will accept in the group OCWEN
"Is there MI on the loan? Have you reached out to any of the escalation individuals in West Palm Beach? [email protected] 310-564-6389"
Oct 7, 2015
Neil L. added a discussion to the group OCWEN

Ocwen wants 50k more than BPO? Claims maximum loss investor will accept

Original loan balance: 230kCurrent Unpaid Balance: 320k (Due to sellers filing bankruptcy and being in foreclosure a couple of years)Drive-by Value: 210kInternal BPO Value: 160kOcwen did a driveby value and wanted to NET 210k.  For months we've been trying to argue it's not worth that so they finally did an internal BPO which came in at 160k according to Ocwen. Ocwen claims the investor will still only accept 210k as its NET for the short sale because Investor has set a maximum loss on the…See More
Oct 7, 2015

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We do short sales. Anywhere from Louisville to Lexington, Kentucky.

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At 3:57pm on November 13, 2009, Deborah McGraw-McCormick said…
I actually used some of the advice from Dwan Twyfords book, in a short sale that was dropped three times. I actually was told "I dug it out of the mud". I faxed faxed faxed, called and faxed faxed faxed. Finally sent some emails to a supervisor of another area, he said he would, make sure my paperwork got to where it needed to go. And several other times it appeared that it was going to be looked over. Persistence!!!! I knew that this ought not closed on it this past april. Point being, I was NOT going to accpet this. I knew better from everything that I had been taught. Persistence and did exactly what I was asked, but also asked what I knew was mine to have!!! Thanks for the great info here.......and thanks to JIM FEREBEE, the best teacher ever!


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