hello ,
I have currently put in an offer on a home , that I did not know was a short sale until after we sent the offer in . We obviously did not get the normal 24 hour response on our offer, but the strange thing is , the day we were suppose to he
Read more…TCF is the second lein holder. CITI is in the process of approval. My S S negotiator gets NO response from her calls to TCF. Any ideas ?
Read more…Situation: My seller was approved for HAFA with buyer #1 on her short sale.
Buyer #1 walked a week before B of A approved short sale (with $3,000 HAFA) for $165,000.Tired of waiting.
Buyer #2 was slid in with an offer of $150,000 & walked 2 weeks lat
Read more…Do you need Short Sale Commander if you don't process your own short sale?
Read more…When you receive an approval letter on a short sale that includes a deficiency release, can the MI company come back to the borrower for a contribution or not release them from the deficiency?
Read more…I hope you all don't mind us Buyers posting questions - but this is one of the few site resources I've found for getting real information on short sales! So thank you for that!
As I said we are the buyer on a SS - Quicken is 1st and PNC is 2nd. We
Read more…I have a FHA short sale with WFB. The Approval to Participate ran out on Feb 3, 2012. When the approval expired, I was told by WFB to continue to market and send in any offer that we received. On 5/14/12 we got an offer for less than the approved amo
Read more…Hi Superstars. If you missed this great Webinar on Tuesday here's the replay for you. Enjoy!!
Read more…
Hi All,
It's my first time posting, but I have spent a ton of time reading these boards for all the useful information!! However, I couldn't find a whole lot that pertains to my situation. So here's the deal:
I'm under contract for a short sale
Read more…I'm having a heck of a time with B of A's new process for their FHA Short Sales. I have 3 right now, where they are having to deal with the Home Retention Department first.. to either be qualified for Loan Mod or Opted out, then AGAIN to do Financia
Read more…Althought I'm a realtor it's been years since I sold and a SS is out of my scope of knowledge so I'm buying thru an agent and need your help.
Feb 13 she submitted my offer and for the next two months they repeatedly asked her to fax info they had, k
Ok , So ive been working this shortsale here in sacramento california for close to a year now. Where do i start? This SS is a fha loan. One loan with BofA. Appraised by the bank. And with an approved price. We have an Excepted cash offer with two bac
Read more…Hi everyone:
New to the site. I live in a very small mountain town and a weekly newspaper is our main advertising venue. I've done short sales for the past two years very successfully and would now like to start advertising for local clients. Does an
Read more…I am curious if anyone else has received the same letter I have attached stating that they decline the short sale and the borrower must pay the entire balance owed. Ocwen in 2nd position, loan amount is $65k, and the borrower is current on payments.
Read more…I have read in previous blogs that I can tweet the boa team for help in escalation but can't find it now.
Can anyone help with this?
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Does anyone know if VA Short Sale works better with a VA buyer that is purchasing a VA short sale? I just recently received 2 offers on a VA short sale both offers are very close in price. One of the buyers is obtaining VA Financing and
I have been working on a short sale with Saxon Mortgage (1st lien) for a number of months and thought we were nearing approval. Saxon has been sold to Ocwen and the transfer of files is to begin May 31. I confirmed this with the Saxon negotiator toda
Read more…I have a short sale that the buyer wanted to buy the fridge and washer/dryer, should I show this on the HUD or out of the HUD? Should I just pretend I don't know anything about it? What is the legality of this, can anyone advise?
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