Terri Barrow
  • Orlando, FL
  • United States
  • FL
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Terri Barrow's Discussions

Quicken Loans short sale - Any Advice?

Started this discussion. Last reply by Minna Reid Sep 9. 3 Replies

I will be working with our Seller to short sale their Quicken Loan mortgage.  They are elderly and the husband is very ill.   Any advice on where to start.   Will I have to use Equator or can I deal…Continue

Tags: #QuickenLoans, #ShortSale

Need SERIOUS ADVICE

Started this discussion. Last reply by Terri Barrow Aug 10. 2 Replies

Hi everyone:  I am the Transaction/Closing Coordinator for my company.  I have a great older couple that is selling their house.  They will need to do a Short Sale on their Mortgage.  I am working…Continue

 

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Terri Barrow liked Barbara Thomas's group Rushmore Loan Management Services
Sep 11
Minna Reid replied to Terri Barrow's discussion Quicken Loans short sale - Any Advice?
"Every short sale I've done with Quicken has been an FHA loan, so I assume they carry a lot of that. Just call and ask who the investor is. They don't use Equator, but I've always found them to be very quick and efficient."
Sep 9
Terri Barrow replied to Terri Barrow's discussion Quicken Loans short sale - Any Advice?
"I don't have a copy of the Note but the original Mortgage shows Quicken Loans and then assigned to MERS.  Not sure if that helps!  Thank you as always for your help!"
Aug 26
Brett Goldsmith replied to Terri Barrow's discussion Quicken Loans short sale - Any Advice?
"Hello, Quicken does not use equator. They process short sales the traditional way. Do you know who the investor or insurer on the note is? [email protected] www.ishortsalenow.com 310-564-6389"
Aug 26
Terri Barrow liked TOP END Properties's group Quicken Loans
Aug 26
Terri Barrow posted a discussion

Quicken Loans short sale - Any Advice?

I will be working with our Seller to short sale their Quicken Loan mortgage.  They are elderly and the husband is very ill.   Any advice on where to start.   Will I have to use Equator or can I deal directly with Quicken?   Thank you!See More
Aug 26
Terri Barrow replied to Terri Barrow's discussion Need SERIOUS ADVICE
"Thanks so much for responding Brett!  Not encouraging at all but at least tells me in what direction I need to go in.   Our buyer is willing to come up in price but not to the amount needed.  We will have to short sale the…"
Aug 10
Brett Goldsmith replied to Terri Barrow's discussion Need SERIOUS ADVICE
"Typically you can't negotiate home improvement liens that are baked into property taxes. The new buyer likely needs to take the property subject to that lien. This should be  baked into the offer. Hopefully the buyer can get a good deal…"
Aug 10
Terri Barrow posted a discussion

Need SERIOUS ADVICE

Hi everyone:  I am the Transaction/Closing Coordinator for my company.  I have a great older couple that is selling their house.  They will need to do a Short Sale on their Mortgage.  I am working with their lender, Quicken Loans on this.  That alone will be difficult but I can see light at the end of the tunnel on this one. They have another lien for a PACE RENEW loan.  When title came back, this took us all by surprise.  Sellers don't ever remember getting this loan.  It was to repair their…See More
Aug 7
Terri Barrow is now a member of Short Sale Superstars
May 6

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First Name
Terri
Last Name
Barrow
Are you a...
Other
State
FL
City
Orlando
My Profile
We buy properties wholesale. I am the Transaction Coordinator and assist our sellers with short sales.

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At 2:28pm on July 31, 2020, James Pollard said…

Good Day,

How is everything with you, I picked interest on you after going through your short profile and deemed it necessary to write you immediately. I have something very vital to disclose to you,but I found it difficult to express myself here, since it's a public site.Could you please get back to me on ( [email protected] ) for the full details.Have a nice day
Thanks God bless.

 
 
 

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