NEWSLETTER: Approved Short Sale Denied 9 Days Before Closing

 

Good morning Superstars.

 

Here's a sampling of this week's Superstar discussions.

 

 

Discussions Replies Latest Activity

Denial Letter 9 days before closing

Yes, that's right, I already had the approval letter in hand and everyone was proceeding to the close date. The buyer did their inspection…

Started by Mike Rizzo

1 on Wednesday
Reply by Smitty

What to do when you are only "a little" short

2 liens - short approx $10-15K - would you approach the first or the second lien holder to request a short sale?

Started by Angela Gandolfo

5 on Wednesday
Reply by Ron Scribner

Ocwen - Getting the proper package sent

Doing a short sale, Downloaded package, sent everything in. I called them and they told me that I needed a different package because the lo…

Started by Janet Livingston

3 on Wednesday
Reply by Smitty

Short Sale Success in Massachusetts

The most difficult short sale I have had was an $800,000 property that had 3 mortgages and IRS tax line and a creditor lien. I was able to…

Started by Kevin Vitali

1 Feb 17
Reply by Wendy Rulnick

Bank of America "soft decline"

Has anyone had Bank of America approve the short sale and accept a back up buyer right after the first buyer backed out? They call it a "s…

Started by Amy Donley

9on Tuesday
Reply by Patricia Bravo

NationStar short sale successfully completed via Equator

Just closed a short sale with NationStar yesterday via Equator. I got the deficiency judgement waived for the seller. I initiated the sale…

Started by Travis Harris

0 20 hours ago

URGENT-Need help with battling Fannie's inflated values

Short sale worth 180k supported by comps, Fannie counters back at 220k. Buyer will walk, and sellers will need to go back on market at 220…

Started by Wendy Martin

3 23 hours ago
Reply by Simon Campbell

SS process once the property is entered into WF equator system

4.5 months ago my husband and I submitted an offer on a home listed as a short sale property. It was quickly accepted by the seller (on Oc…

Started by Britt

0 yesterday

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