Short Sale Discussions (4,373)

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Tenant's offer rejected based on "arms length" transaction definition

have a short sale where ASC is the first trust.  The short sale property has been rented out and the tenant wants to buy it.  ASC is saying…

Started by Lisa Jalufka

59 Jun 21, 2022
Reply by HarryJohnson

Is there a limit to "family member" in the arm's length agreement?

I have been looking up the definition of family member in California. CAR says NOTHING.  California law seems to clarify it as "immediate"…

Started by Karen McNamara

7 Jun 16, 2022
Reply by HarryJohnson

Bank Paying for Meth Cleanup?

I got a house owned by BONY and serviced by BAC. We just got word the previous tenants were smoking meth in the house.    Anyone have luck…

Started by Travis Davies

9 May 25, 2022
Reply by HarryJohnson

Buyer/Ouccupant loses 3 full price CASH offers to Games Investors Play!

I'm only posting this discussion because we really LOVED 3 properties so much we made full price cash  offers, and included a nice handwrit…

Started by Susan Highland

21 May 2, 2022
Reply by HarryJohnson

Mortgage Insurance Contribution

  To make a long story short:  I am buying a short sale home. The house was selling for $359,900,  I made an offer for 330,000. The bank co…

Started by Juanita Midgette

35 Apr 13, 2022
Reply by HarryJohnson

Short Sale Buyer Process

Trying to purchase a house on a short sale in Illinois. I'm currently about 5 months in. Can someone please let me know what else I should…

Started by Shane

1 Mar 28, 2022
Reply by Phoenix Nest Homes

Pre Approved Short Sales......anyone heard of this?

Hello Everyone! I’ve been seeing a lot of listings saying *approved short sale* like they have received a pre approved short sale amount fr…

Started by Samantha Cote

3 Feb 22, 2022
Reply by Phoenix Nest Homes

Where can we report to Chase the unprofessional treatment their clients are been subjected with SPS

I am Realtor trying to help a client process a short sale.  The first buyer walked because they got tired of waiting. We received a second…

Started by Janeth Rector

7 Jan 31, 2022
Reply by John Smith

Schools First FCU in Orange County California - Any Experience?

Hello Superstars - Does anyone have experience with Schools First Credit Union in Orange County with regards to processing short sales?  Th…

Started by Colin Delaney

2 Oct 18, 2021
Reply by James Franko

My Loan Care

This is a servicer question more than a short sale question but love this forum. There's a wealth of knowledge here. My client purchased th…

Started by Matthew

0 Sep 30, 2021

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