"Interesting. Planet Home just bought this loan. They also refuse to order an interior valuation, they have no counter, and simply keep repeating their response of "we want more" to the contract in hand, which the buyer has already…"
"Yes. Had it happen with a Rushmore serviced loan where I spoke to investor and bypassed Rushmore and they said the plan was to just get a DIL or FC because they were sending out builder to renovate and get the profit. Interestingly this…"
"I've seen something similar, but not called due diligence fee. Basically is a release of deposit. If negotiator gets short sale approval and all contingencies have been met and buyer backs out for any reason after approval, deposit…"
"@julie typically depends on investor, but many servicers have 5 business days and a weekend as the marketing time line as this is a FNMA and FHLMC guideline. FHA short sales have different marketing time frames depending on foreclosure status,…"
"I have not done a WF short sale in a few years, does anyone know if there is a window of time that a property must be on the MLS before a buyer can write an offer? I have had some banks require 10 days and others 15 days, still other have no…"
pagal boy is now a member of Short Sale Superstars
"How do I escalate an issue with NOVAD and with M&T Bank? Two issues, actually. Lack of communication with my negotiator and an unrealistic valuation due to property condition.
Background: I have a short sale with M&T. We have an ATP,…"
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