A short sale was submitted in the first week of September by a short sale negotiator.  The contract has a closing date of 11/1/2014.  Note:  I caught that anything has been done on this case, but am optimistic that it will close.  Note: There was a previous short sale that was done on this property, but the buyers walked.  My present buyers are still here waiting to hear from the bank.  

Is there anything I can do to make this sale close?

Regards,

Ismael 

Views: 275

Replies to This Discussion

Are you authorized to speak to Ocwen on behalf of the account? From what you wrote it seems you may only have the selling side of the transaction. If that is the case my best advise would be to keep a strong line of communication with the listing agent and/or the individual who is facilitating the short sale on behalf of the homeowner and agent.

[email protected]

310-564-6389

www.ishortsalenow.com

Thanks for the advise Brett. I am presently following up with the negotiators and listing agent.  

Ismael, you can seek assistance from the CFPB - 855-411-2372.

Why is this Saurabh guy even allowed to post? He is obviously "out for revenge" against his former employer. He is also making extremely outrageous claims that, quite honestly, could be considered slander.

I will just use one example. To say that Altisource is incentivized to push homes from Ocwen into foreclosure shows that you have an incorrect understanding of Altisource's business model. Altisource makes much more money if it can keep homes in Ocwen's servicing portfolio. However, since he claims to be a former employee, I'm sure he already knows that.

He is taking a site dedicated to helping people dealing with these situations and using it to spread his own personal agenda.

Its rather interesting that you post on here with a fake name and want to call him out?  Altisource is owned by OCWEN, if the push the homes to foreclosure, they get to send them to their broker that is also owned by OCWEN to sell on HUBZU that is also owned by OCWEN and they get to charge a 5% buyer premium and Altisource gets to issue the title insurance.

Follow the money trail

The ONLY way Altisource gets the buyer's premium is if the home sells for more on Hubzu than it would have otherwise. This means that the buyer pays a little more, yes, but it also means that the home owner and the mortgage investor are greatly benefited. (Isn't that the exact opposite of the claims this guy is making?).

You act like it is a scam or something..again, it is a process that greatly benefits the homeowner and mortgage investor.

Gibn Murk, you are barking up the wrong tree. I have no problems with the HUBZU short sale program so long as the seller is willing to participate and so long as they don't make the sellers realtor find a buyer.

You are certainly not a realtor and it is not too difficult to figure out that you are an Altisource employee. You can't be from the US or India, so you are quite likely from Philippines. Where is Noel Disu working now? How is everybody there?

I am a foreign investor that deals with Ocwen/Altisource and I can tell you, just like lots of other people here have said, if you know what you are doing and have your 'ducks in a row', dealing with Ocwen/Altisource is no different than any other mortgage servicer (actually better, as confirmed by numerous independent 3rd party sources).

I am sure the admins here can check my IP address to see what country I am posting from, and prove you wrong, again.

That is interesting. What is your name and which firm do you represent? You might have noticed that we do not keep our identities secret on this forum.

RSS

Members

© 2024   Created by Brett Goldsmith.   Powered by

Badges  |  Report an Issue  |  Terms of Service

********************************** like buttons ************************