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P Nicolas Velecico
- Male
- Atlantic City, NJ
- United States
- New Jersey
- Blog Posts (1)
- Discussions (43)
- Groups (4)
P Nicolas Velecico's Groups
P Nicolas Velecico's Discussions
FHA Ammendetory Clause
Started this discussion. Last reply by Wayne Brooks Jul 28, 2015. 1 Reply 0 Likes
Trying to close a Fannie Mae REO with an FHA loan . The buyers lender insist on having the ammendetory clause fully executed but Fannie Mae says they are except . Who is right The property appraised…Continue
Greetree Short Sale / Fannie Mae
Started this discussion. Last reply by Brian Avery Jul 8, 2015. 2 Replies 0 Likes
Just received a Green tree approval and they keep referring me back to the FANNIE GUIDELINES which are a bit confusing to me .My first question is a credit card that went into a judgement and thus a…Continue
Seller died during short sale process
Started this discussion. Last reply by Brian Avery Sep 1, 2014. 2 Replies 0 Likes
The seller died without a will or assetts , the heirs want nothing to do with the property . We have a buyer under contract , can anything be done to continue with the sale ? I had a POA for the…Continue
SHORT SALE BY EX FELON
Started this discussion. Last reply by Short Sale Superstars LLC Jun 2, 2014. 8 Replies 0 Likes
My client was convicted of money laundering and served one year federal time , he is out on probation and did chapter 7 . He included 4 upside down properties in the BK . He has a one million dollar…Continue
P Nicolas Velecico's Page
Profile Information
- First Name
- Nicolas
- Last Name
- Velecico
- Are you a...
- Agent
- State
- New Jersey
- City
- Atlantic City
- My Profile
- New Jersey Homes and Loans LLC is an international real estate investment and management firm in Atlantic City NJ
P Nicolas Velecico's Blog
Federal Lien ( Dept. of Justice ) seller is in prison for one year .
Posted on February 22, 2012 at 3:57pm 1 Comment 0 Likes
Seller has about one year to serve on money laundering conviction which also carried a $260,000 fine
The fine is showing up on title as federal lien DOJ , can he sell , mod or DIL with a lien that exceeds the value of the property ?
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