Need a Short Sale Superstar in Asheville, NC (Existing Tenant wants to Buy)

I have a Rock Solid referral for a SS Superstar that works the Asheville, NC market.
Seller has been denied for a Loan Modifcation and is already in discussions with the Short Sale Department. Needs local Broker to List the property and expose to market, but existing tenant is ready to write a Primary Offer which the Seller will accept.

Please contact me if you have the credentials to handle this B of A case.
Equator Platinum Certification Preferred.

Scott Korbin, MBA
Broker In Charge
Triangle Home Masters
300 Parkthrough Street
Cary, NC 27511
(919) 677-9911


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Permalink Reply by thomasina singleton on June 22, 2011 at 12:16pm

This should not be hard at all.  If Bank of America denied the homeowner's modification request, the homeowner can easily convert from modification to short sale.  Since the homeowner already has a tenant in the home, this gives the tenant first right.  The bank already has the homeowner(s) financial information.  All they would need now, is a ratified contract offer along with the HUD to present to the bank.  Once the contract is received, BOA will order the BPO to determine if the contract offer is within an acceptable range to be accepted by the bank.  First you will need to have a Short Sale expert to assist and a Realtor.  All of bank of america's deals are now done through their equator system.  The homeowner and the assigned real estate agent will have to sign up using this system.  If you need assistance.  I am a Short Sale Specialist here in Maryland and I will be happy to assist with the short sale as long as the homeowner(s) have a realtor to list the property.  I understand that the tenant's have 1st right of refusal, but the property still has to be listed on the MLS Listing.

 

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Permalink Reply by Scott Korbin on June 22, 2011 at 12:31pm
I understand all that, I'm Equator Platnum Certified and work extensively in Short Sales in the Raleigh/Durham (Triangle) Market, but thank you very much for your time and input.

For clarity, I'm looking to refer the deal to Broker who works the Asheville market to:
1) expose it to the market on MLS and
2) to write the offer for the Tenant/Buyer, and
3) Manage the Short Sale process through Equator.

Cheers!

Scott
Permalink Reply by Bryant Tutas on June 22, 2011 at 12:53pm

Hi Scott, I just checked our member roster and surprisingly we have no members in Asheville. That being the case I went outside this network to locate a broker for you. Try:

Rowena Patton
Broker/Owner
Patton Property Group - Top Dozen in the Carolinas
Keller Williams Professionals
86 Asheland Avenue
Asheville, NC 28801
(828) 210-1648

Permalink Reply by thomasina singleton on June 23, 2011 at 10:25am
Great! :-)
Permalink Reply by Brenda Williams on August 23, 2011 at 9:29am

Hi Scott,

You probably found someone for this. However, if you need any help with short sales in the future, Steve Wilde is an attorney who handles short sales exclusively. His office is in Asheville, but he works with agents all over North Carolina. His firm has a very high success rate and are great to work with: www.wildelawfirm.com

Brenda Williams

 

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