Hello; thank you for making a site such as this open to the public. What a wealth of information! We are the buyers on a SS serviced by Nationstar. We accepted their negotiator's counter in late May.…Continue
"@ Rodney, we are using a very specific loan program; our rate is locked until we walk from this house, then we must go back at whatever the prevailing interest rate is. I don't really want to disclose what type of loan it is, but you guys can…"
"Purchasing a home via short sale is not at all an easy process. These homes are sold in "As Is" condition. Most sellers are not in a financial position to make any repairs. Since title has not been transferred, the bank…"
"Thank you for responding! We have a company coming out tomorrow to give an estimate; but I know my price point so I have this terrible feeling we won't be getting this house, :(. I'll give updates so maybe someone else going through this…"
"Hi Kelly. I'm one of the founders of this site so thank you for your kind words.
NS will not do repairs. The seller can if they have the means to do so.
So yo can accept the property as is. See of the seller can remedy the problem. Get 2…"
"There is a 0% chance any repairs will be made by preservation. At this point in the process any price change or credit will result in the transaction having to be approved all over again. Any contract with an As-Is addendum attached to it would not…"
Hello; thank you for making a site such as this open to the public. What a wealth of information! We are the buyers on a SS serviced by Nationstar. We accepted their negotiator's counter in late May. We received an approval in early August, with an expiration date of Oct. 15th. The house had been winterized, and now is experiencing what is obviously a mold issue in the basement. Our lawyer has told us that, as per our contract, it is up to the seller or Nationstar's property management company…See More
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