Terry Hammill
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Terry Hammill commented on Jeff Payne's group US Bank
"Dean -- we do have a CFPB complaint filed.  I am floored that upper management (apparently the directive came from a Sr. VP in their group) would instruct their low level managers to violate RESPA and demand that money be sent to them off…"
Oct 7, 2016
Terry Hammill commented on Jeff Payne's group US Bank
"Has anyone else recently worked with US Banks "New" 2nd TD unit?  I am not sure if the people we are working with are just untrained or have been taught to make questionable demands? Our seller discharged both the 1st and 2nd TD…"
Oct 4, 2016
Terry Hammill joined Jeff Payne's group
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US Bank

US Bank services Florida Housing loans Ph#: 1-800-365-7900 Fx#: 1-866-563-9508See More
Oct 4, 2016
joe beauchamp replied to Terry Hammill's discussion Is anyone else having problems with BAC negotiators not know the difference between an Corporation and an LLC? in the group Bank of America Short Sales
"You either have something fishy or a neophyte worse that the current usual dim bulb paper pushers at BofA. They want to know who runs/owns the LLC - who really benefits from the sale - an arms length thing. So, if the things you are giving them…"
Nov 9, 2012
ERIC MOBLEY replied to Terry Hammill's discussion Is anyone else having problems with BAC negotiators not know the difference between an Corporation and an LLC? in the group Bank of America Short Sales
"The exact same thing is happening to me right now with B of A.  We even had the title company state that they would insure the client/LLC.   We have submitted the articles of organization and Statement of Information and…"
Nov 9, 2012
Smitty replied to Terry Hammill's discussion AHMSI/Homeward New 'Required' commission agreement paying commission to 3rd Party Powereo in the group Homeward Residential (AHMSI)
"Just got sent the form.  Not sure the buyer will be happy, but no one else is."
Jul 31, 2012
Shannon Noble replied to Terry Hammill's discussion AHMSI/Homeward New 'Required' commission agreement paying commission to 3rd Party Powereo in the group Homeward Residential (AHMSI)
"Yes, I just rec'd one.  They have reduced to 5% and if not signed by tomorrow, they will be declining my file."
Jul 23, 2012
Patti Lyles replied to Terry Hammill's discussion AHMSI/Homeward New 'Required' commission agreement paying commission to 3rd Party Powereo in the group Homeward Residential (AHMSI)
"Can you update us on whats i sthe latest? I am about to do a short salw with Homeward and want to know where the landmines are"
Jun 25, 2012
joe beauchamp replied to Terry Hammill's discussion Is anyone else having problems with BAC negotiators not know the difference between an Corporation and an LLC? in the group Bank of America Short Sales
"The bank is looking to see who the LLC is - arms length transaction. I have uploaded the articles several times for different deals. Although I have created a couple of LLC's and INC's, I've never thought of not having articles of…"
Jun 20, 2012
Debra Enos replied to Terry Hammill's discussion Is anyone else having problems with BAC negotiators not know the difference between an Corporation and an LLC? in the group Bank of America Short Sales
"LLC is a Limited Liability Company -  members can be an individual, partnership or corporation  - LLC can be filed as a partnership or corporation. How is your client's company setup?  Your client should have the…"
Jun 20, 2012
Terry Hammill replied to Terry Hammill's discussion Is anyone else having problems with BAC negotiators not know the difference between an Corporation and an LLC? in the group Bank of America Short Sales
"I should have mentioned... I have already uploaded the following for the Delaware LLC   1) Certificated of Formation 2) Operating agreement 3) Letter of Goodstanding from the Secretary of State"
Jun 20, 2012
Dean E Eshelman, CPA, CDPE, IRES replied to Terry Hammill's discussion Is anyone else having problems with BAC negotiators not know the difference between an Corporation and an LLC? in the group Bank of America Short Sales
"Just to add my two cents since I am a CPA. LLC stands for Limited Liability Company - not Corporation. A LLC may be a single person operating as a sole proprietor (filing a 1040 Sch C (business) or Sch E (rental property), a partnership (IRS form…"
Jun 20, 2012
Brenda L Wood replied to Terry Hammill's discussion Is anyone else having problems with BAC negotiators not know the difference between an Corporation and an LLC? in the group Bank of America Short Sales
"How about sending them the IRS definition of a Limited Liability Company from the IRS website:  http://www.irs.gov/businesses/small/article/0,,id=98277,00.html Good luck!! Brenda Wood Virginia"
Jun 20, 2012
Terry Hammill added a discussion to the group Bank of America Short Sales
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Is anyone else having problems with BAC negotiators not know the difference between an Corporation and an LLC?

Has anyone else noticed that all of a sudden BAC negotiators dont seem to know the difference between a Corporation and an LLC?  I have had several files lately in which a negotiator has threatened to cancel a file if we dont upload Articles of Incorporation for an LLC. The latest was from a negotiator in their Texas facility (Ron Brown) claiming that LLC stands for "Limited Liability Corporation" (and yes he did send that in writting in an email).  Now, I do not pretend to be an expert on…See More
Jun 20, 2012
Sharon Tukay replied to Terry Hammill's discussion AHMSI/Homeward New 'Required' commission agreement paying commission to 3rd Party Powereo in the group Homeward Residential (AHMSI)
"Hi Terri! I just submitted a package to AHMSI/ Homeward tonight. I am double-ending it and I'm concerned because I hear they only give 3% for dual. This will be my first time dealing with AHMSI so I will let you know if they are requesting to…"
Jun 20, 2012
Terry Hammill added a discussion to the group Homeward Residential (AHMSI)
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AHMSI/Homeward New 'Required' commission agreement paying commission to 3rd Party Powereo

Hello All, Has anyone else been recently asked to upload new AHMSI/Homeward short sale files into Equator to be worked by a company called Powereo?  Attached to this message is a document that they (Powereo) are 'demanding' be filled out and signed prior to the file being worked.  We obviously have some issues with this document (AHMSI/Homeward has sent multiple soliciations to our seller for HAFA) and have asked for a copy of their real estate license (they are not licensed in our State,…See More
Jun 18, 2012

Profile Information

First Name
Terry
Last Name
Hammill
State
CA
City
La Mesa

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At 8:17am on August 14, 2010, Kelly Magreevy said…
Terry, I sent you a friend request. I thank you so much for your help and will keep you posted on what happens. If I ever have any referrals for So Cal, they are going to you!
 
 
 

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