I've just listed two properties in Southern California.  Both sellers attempted to modify with NACA but their mod attempts failed.  Now, they would like to shortsale but I'm having such a difficult time getting the NACA code off their file in order to begin initiating their shortsale.  NACA has kept me on hold on 3 occassions for 45minutes to no avail.

 

Any luck anyone? Ideas?

I have to applaud Bank of America for really trying.  One of my shortsale files was transferred to their third party vendor for their BofA coop program.  It's a very close model to HAFA but it's a BofA product.  The negotiator told me that it would be a 10 day turnaround and I really didn't believe her.  I actually got a counter in 6 days!  They only countered minor things like the buyer's home warranty.  Now we just need to get investor approval. Wow!!!  Has anyone else worked with this… Continue

I understand that the lien holder's intent is to collect a debt but the last actions from Chase are really beginning to irritate me.  My sellers have be declined loan mods 5 times already. They are insolvent.  They finally gave up and listed the house.  I have multiple offers on the property and I'm excited to prevent my sellers from foreclosure. My seller receives another HAMP packet via mail.  They'll probably be denied again.  My only problem is that I have vested buyers ready, sellers were… Continue