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Bank of America FHA Short Sale/ HUD Escalation Contact needed
Started this discussion. Last reply by Lizel Wieser Apr 9, 2013. 7 Replies 0 Likes
So I've had an offer into Bank of America since June 1 that is netting HUD over 2% over the min net amount with buyers ready to close anytime and my negotiator just seems to keep this file on the…Continue
Wells Fargo Short Sale Addendum----Is this new??
Started this discussion. Last reply by Travis Davies May 16, 2012. 5 Replies 0 Likes
Take a look at this addendum and see if you get the same reaction I did reading it. I cant see signing it the way that it is. The negotiator told me that its up to the seller to decide what is…Continue
Second Lien (Old Republic) demanding more than Fannie will allow-HELP
Started this discussion. Last reply by Travis Davies May 2, 2012. 3 Replies 0 Likes
I need some help. I have a second (Old Republic) who is demanding 8K for an original balance of 77K to release the lien. This is running through BofA's Cooperative program, which they will only pay…Continue
FHA ATP Question
Started this discussion. Last reply by Travis Davies May 1, 2012. 5 Replies 0 Likes
So for those of you who know the PFS program very well I have a question you know on the ATP how it states language like this Acceptable Terms of Sale Program criteria require that…Continue
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Buyers Lender Demanding Short Sale FULL approval letter now
Posted on June 30, 2011 at 8:46am 0 Comments 0 Likes
So it seems to be a growing trend now that a buyers lender is demanding to see the lenders full blown short sale approval letter, not just the cover page with all the terms. In the past i have always taken the approval letter and removed the SS# and Loan# for obvious reasons. I got a call yesterday from a buyers lender demanding to see all the pages of the approval letter, that clearly have no information that they would need.…
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