"Does anyone have experience with doing a short sale with a client who is willing to take on the short in a promissory note? My sister wants to move and can afford both the current payment and any short note she would take but how easy/difficult…"
"A while back we had the email address for Brian Moynihan floating around here but I think he actually changed it since then, does anyone have a new address or for someone in his area who can help with another nightmare deal!"
"Just went out on a listing with Citi 2nd and I would need them to take about an 8k short on a 30k loan. Borrower is making all payments and paid off some credit card debt in the last month so do I have a shot with this or would I be wasting my time?…"
"First did you receive the HUD form showing the appraised value and the minimum net proceeds based on that and was that in line with your offers net proceeds estimated HUD statement you should have submitted with the offer? Also what was the…"
"There are a few expceptions to that rule. 1. Divorce, 2. job loss, 3. job relocation 4. If he moved based on the first agreement of sale with a closing date of X and he was acting in good faith that BofA would approve the sale."
"I had sent an e-mail to Brian Moynihan and I too received a call from his office but I don't think it makes sense for every agent to just start e-mailing him unless you truly have a situation that warrants it. Some agents are getting frustrated…"
"If you have an extreme situation you can send an e-mail to the CEO [email protected]' you can explain the situation and this will result in a phone call from the offices of the chairmen and they will assign a senior…"
"What involvement do you have, what was your motivation to work on this transaction? If its contract labor, your realtor can pay you if in fact you provided services for him/her, short sales are handled by office personnel that do not have licenses…"
"I am working on my first FHA/HUD short sale and I understand they have a requirement, the owner occupy the property, my seller moved out after a divorce and to take a new job, what is the specific exclusions. Keep in mind he did move out after…"
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