Hi Guys,We've had the approval and have been ready to go to closing…..BUT the title company has not received the Letter of Indemnity yet.We need to get this done yesterday or we won't be able to…Continue
"Borrower Incentive Payments
The servicer is authorized to pay the borrower an incentive following the successful completion of a Mortgage Release located in one of the following jurisdictions:
"You can only be reviewed for one work out option at a time. I'd be reaching directly out to FNMA and nationstar escalations to see if borrower is a candidate for a DIL and how much relocation incentive they truly offer under that loss mit.…"
Hi,Has anyone ever had a client start the short sale process and decide to move forward with a deed in lieu arrangement? I have a new short sale and know that Fannie Mae may offer up to $10,000 in relocation assistance for a Deed ln Lieu, but only up to $3,000 in relocation assistance for a short sale. I have not listed the property yet, and definitely want what's best for my client, especially if that means she will be able to get $10,000 vs. $3,000. Any idea of if they can evaluate your file…See More
"Hi All. I have a short with Flagstar on the 1st and Regions (in Recovery) on the 2nd. Regions will release the lien for $4500 (amount that's being requested from the 1st) and then setup a payment plan for the remainder of the balance…"
"Interesting situation...I received a message from a Wells Fargo representative stating that, prior to me being on the short sale, they sent my client details for the NOSS marketing period. My client stated that she never received anything. By the…"
"Anyone every dealt with a short sale that has a 1st (FHA) and a second that is in the recovery department with another lender? Trying to get to the bottom of this. The lender (Regions) does not want to take any less than 50% of the balance. "
"Anyone every dealt with a short sale that has a 1st (FHA) and a second that is in the recovery department with Regions? Trying to get to the bottom of this. Regions does not want to take any less than 50% of the balance. "
"Thanks for your help. So how can we best get files to be removed from Hubzu before waiting after 4 listings?
I tried to avoid it going to Hubzu altogether and they kept coming back saying that it had to go through the Hubzu process. We already had a…"
"Shawn have they mentioned that your client would have to pay for the commission. I know someone else mentioned that Ocwen was trying to get the Seller to pay the commission. The word "Owner" below concerns me.
My seller has…"
WE is defined as a group of professional in the real estate industry that are experts in marketing, negotiation, and sales.
This is extremely important, because marketing, negotiation, and sales are three of the most important things your real estate partner should possess.
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and flyer marketing to include video and so much more!
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