Kim - I handle some of their commercial REO's and have a good working relationship with their main asset manager. Is this a commercial property?
One more thing, my limited experience with Bayview was frustrating at first but once asset mgr was assigned it did go more smoothly. However they were very aggressive about pursuing and contacting homeowner in order to work out a loan modification, and for one client, that was all she really wanted and needed, for another client, they nearly lost short sale because they refused to accept any of the lenders calls and that is important to know because the servicers are also responsible for verifying the borrower is on board for a short sale and not bring scammed or chested. I will let you know how my current short sale goes with Bayview although it's commercial not residential this time, so brand new territory for me
I just closed a short sale with Bayview Loan Servicing a couple of weeks ago. Negotiator communicated well - worked both sides of the transaction.
I have - I just closed a deal with them last month. Feel free to call me at (805) 878-9879.
Hi Joe, Thanks for the response. Yes, it is commercial. We had a low ball offer early on which I realized wasn't going to get passed. I was looking for a feel on where their "pain" threshold was. Their BPO came back about 100 k over current market value. I now have a second offer which is more in line with market value and want to present.. Any suggestions?
Joseph Kuhl said:
Kim - I handle some of their commercial REO's and have a good working relationship with their main asset manager. Is this a commercial property?
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