All Blog Posts Tagged 'loss' (7)

SHORT SALES ARE BACK! Mike Linkenauger & Bryant Tutas Interviewed

CLICK HERE TO LISTEN TO THE PODCAST: http://tinyurl.com/qa62n6h

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Real Estate Marketing (The Podcast)

How do I get a listing or deal? #Investor #Realtor

Short Sales are BACK!

CLICK HERE TO LISTEN TO THE PODCAST: http://tinyurl.com/qa62n6h

GUESTS: 

Bryant Tutas …

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Added by Lee Honish on September 30, 2014 at 11:00am — No Comments

Teacher Credit Union first and second mortgage

I am wondering if anyone has ever done a short sale with Teachers Credit Union? It is not a huge branch but they are not small either.

I was told by the mortgage department (since they don't have a loss mitigation dept) that they will not accept an offer for less than $200,000 since their unpaid balance is $230,000. They are not going to entertain any lower value. They also never waive the deficiency.

I am looking for some good news from anyone who has dealt…

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Added by Ashley Den Uyl on February 26, 2014 at 9:48am — No Comments

Which do lenders prefer, strategic default or short sale?

 

I got a chance to watch a couple of agents go at it with each other in a real estate forum trying to answer a question about doing short sales.   It was interesting, to say the least.  Besides the two main agents who proclaimed themselves the “experts” and hijacked the conversation, there were a few others who chimed in and made some comments.  But the question was never specifically answered.

 

The question posed was whether a lender will approve a short sale if the…

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Added by Steve Mun Group on August 5, 2011 at 3:00pm — 2 Comments

5 Reasons Foreclosure Prevention Is Like Halloween

5 Reasons Foreclosure Prevention Is Like Halloween



1. Tricks



I don’t know if kids do this anymore, but I remember part of the fun, the anticipation, of Halloween was coming up with a “Trick” to offer in exchange for candy – a joke, rhyme, hand stand, armpit noise or, if you were desperate, a song. Foreclosure prevention is like… Continue

Added by Jennie Blackburn on October 25, 2010 at 4:54am — 2 Comments

Condo Association Fees In Foreclosure

When Homeowners have financial troubles, the last thing they fall behind on is the mortgage, but the first thing they stop paying is Association dues. Because of this, many Condo & Homeowner Associations in Florida are squeezed for funds and have become aggressive in pursuing every penny. They now have legal representation, have been successful in litigating similar cases, and are not as likely to back off.



What bank negotiators don’t… Continue

Added by Jennie Blackburn on October 9, 2010 at 7:50am — 2 Comments

Making Sense Of The Mortgage Crisis-How The FDIC Loss Share Program Is Hurting Homeowners

Making Sense Of The Mortgage Crisis-How The FDIC Loss Share Program Is Hurting Homeowners



In September/2009 I wrote a blog titled "Is The FDIC Killing IndyMac OneWest Bank Short Sales & Loan Modifications?". In February/2010, the folks… Continue

Added by Bob Hertzog on September 27, 2010 at 9:05am — No Comments

Chase and the FHA short sale run-around

Does anyone have a working number to the Chase FHA short sale dept? Since July 21 we have been trying to get an approval for an FHA short sale. However, I keep getting the same phone numbers over and over - loss mitigation (seller already tried this), short sale (they won't touch FHA), and the mortgage loan dept (why?). My sellers and I are completely frustrated. We have submitted everything, but Chase can't seem to get us to the right dept/person. Contact anyone?

Added by Cindy LaPeer on September 14, 2010 at 4:53am — 1 Comment

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