sean dougherty
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sean dougherty's Discussions

Does qualifying for a hardship gaurantee debt forgiveness?

Started this discussion. Last reply by Brett Goldsmith Apr 25. 1 Reply

I have a distressed homeowner who is interested in selling his home to me as a shortsale. He is upside down on his mortgage and has experienced financial hardship. (Lost job.) Yet he does not live in…Continue

Hafa is history. Can homeowners receive "relocation funds" from anywhere else?

Started this discussion. Last reply by Ben Benita Jun 7. 3 Replies

I am a preforeclosure investor. In the past one of my main incentives to convince owners to sell to me through short sale was that government funded programs were in place that would give the…Continue

Tags: funds, Moving, HAFA, shortsale

"APPROVED PRICE" smoke screen?

Started this discussion. Last reply by sean dougherty Apr 20, 2015. 4 Replies

Hello everyone,   Here's my story in brief. I've had my eye on a short sale home that has been pending for last month or two, It was listed at 240k. A week ago it became active again with a price…Continue

Tags: appraisal, bpo, approved, shortsale

 

sean dougherty's Page

Latest Activity

Liesa Gubista replied to sean dougherty's discussion Hafa is history. Can homeowners receive "relocation funds" from anywhere else?
"They will still qualaify for relocation assistance. Usually anywhere from 3-5k. For short sale or deed in lieu."
May 14
Darren Bell replied to sean dougherty's discussion Hafa is history. Can homeowners receive "relocation funds" from anywhere else?
"As of right now, Fannie, Freddie and FHA backed loans are giving 3K. Nationstar is giving 3K. SPS will usually give 3% of the net as relocation to the homeowner"
Apr 25
Brett Goldsmith replied to sean dougherty's discussion Does qualifying for a hardship gaurantee debt forgiveness?
"Depends on who is backing the loan and other criteria. Feel free to reach out to me 310 564 6389. www.ishortsalenow.com brett@ishortsalenow.com"
Apr 25
sean dougherty posted discussions
Apr 25
sean dougherty replied to sean dougherty's discussion "APPROVED PRICE" smoke screen?
"Thanks so much for those answers. I'm learning as I go along in this deal. I am doing what I can to determine if this deal is at all likely to go through. Since the listing agent is giving unclear information I m very unsure of this…"
Apr 20, 2015
Kevin - Greenville, SC replied to sean dougherty's discussion "APPROVED PRICE" smoke screen?
""The term pre approved short sale to me can be misleading which is why I never use say that. A short sale either is approved, has been approved in past, or isn't approved, circumstances are always changing and nothing is ever guaranteed.…"
Apr 20, 2015
Brett Goldsmith replied to sean dougherty's discussion "APPROVED PRICE" smoke screen?
"Depends on the servicer and investor. Most transactions you can expect to not get a copy of the BPO or appraisal from the mortgage servicer. They may of been advised of what the value came in or the bottom line verbally from the assigned…"
Apr 17, 2015
sean dougherty posted a discussion

"APPROVED PRICE" smoke screen?

Hello everyone,   Here's my story in brief. I've had my eye on a short sale home that has been pending for last month or two, It was listed at 240k. A week ago it became active again with a price reduction at 228k. I contacted listing agent who informed me that  previous buyer walked due to his own financial reasons. But the 228k price was approved by the bank. She told me she had approval letter in hand. So right away I came in with an offer 230k all cash no contingencies. Seller and their…See More
Apr 17, 2015
sean dougherty is now a member of Short Sale Superstars
Nov 9, 2013

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First Name
sean
Last Name
dougherty
Are you a...
Investor
State
vancouver
City
wa

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