January 2011 Blog Posts (50)

Short Sale West Bloomfield, Oakland County, MI "Make a Financial Stability Resolution for 2011!" Mike Sher, Max Broock Realtors, (248) 644-4700 x 242

 

Oakland County Home Owner:

   

Happy Holidays! I hope you're well and 2010 has been prosperous for you. Now that the year is almost over, I'm reminded to set new goals and to ask you for help in achieving one of them.

As a CDPE-designated agent, I have received extensive training to help those struggling to make mortgage payments avoid foreclosure. I provide homeowners with alternatives to make the best decisions in securing their financial futures.

My…

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Added by Mike Sher on January 5, 2011 at 6:31am — No Comments

Bank of America Short Sale Listing Sold in Overland Park

Bank of America Short Sale Listing Sold in Overland Park.



We are proud to say that another of our Metro Kansas City realty listings has sold via a short sale.



The loan was with Bank of America with a second lien to People's Bank. This Kansas City realty Seller was not required to sign a promissory note and no funds… Continue

Added by Suzanne Hinton on January 4, 2011 at 2:07pm — No Comments

How To Successfully Negotiate a Destin Florida Short Sale



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Added by Wendy Rulnick on January 4, 2011 at 1:41pm — No Comments

Similar situation for us, and we got the same letter from Chase, except for $10k.  We called and they assured us the same thing, no hardship docs or financial info. required and we are pre-approved f…

Similar situation for us, and we got the same letter from Chase, except for $10k.  We called and they assured us the same thing, no hardship docs or financial info. required and we are pre-approved for short-sale.  We kicked things off with an agent, but then someone from Chase called and said we had to do the hardship letter/send financial info. and that the first person had told us incorrectly (three times on the phone btw).

 

So as of now, they said they were going to cancel…

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Added by Mike Pence on January 3, 2011 at 3:21pm — No Comments

NEW 30 Day Review Policy?

I just received a call from Nancy Larson with ING informing me that the foreclosure auction on my listing will proceed Friday Jan 7, even though I have a buyer, because effective immediately, NO OFFERS will be considered unless submitted at least 30 days prior to auction. Unbelieveable & Most Troubling!

Added by Scott Allen on January 3, 2011 at 9:02am — 1 Comment

Buyer Agent Help

   Is there nothing a buyer agent can do to check on status of Short Sale process with Aurora? Listing agent says, "no word no word" but I want to check footsteps.

Added by Carrie McCollum Smith on January 1, 2011 at 3:31pm — 1 Comment

ING Direct Blacklists American Homeowner Preservation

ING Direct, the Dutch-bank and internet-based mortgage lender, has objected to American Homeowner Preservation’s program to keep families in their homes, and ING will no longer consider AHP short sales. “ING DIRECT will also be adding your company to our exclusionary list as your company strictly finds investors to keep sellers in their home, while the bank takes a significant loss.  This is against ING DIRECT’s short sale policies and guidelines, and as such you will no longer be able to…

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Added by Jorge Newbery on January 1, 2011 at 3:31am — No Comments

Vidicitive servicer of the day: ING Direct

FROM Felix Salmon of Reuters: 

I’m a longstanding fan of American Homeowner Preservation, which has found a clever way of keeping underwater homeowners in their homes while minimizing the loss to their lenders. Even the red-in-tooth-and-claw capitalists at Goldman Sachs can…

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Added by Jorge Newbery on January 1, 2011 at 3:30am — No Comments

Ocwen Foreclosure Watch 2011

FROM www.shamethebanks.org:   Time is running out as Ocwen has upcoming foreclosure sales on homes. There is hope: Ocwen has approved American Homeowner Preservation (AHP) short sales for each of these families, but is insisting that the families move out.

According to the …

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Added by Jorge Newbery on January 1, 2011 at 3:00am — No Comments

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