I'm working on a 2nd lien approval with NYCB (formerly Amtrust) in Ohio. I had an approval from Jan 2012 that was waiving the deficiency for the borrower. Buyer walked 2 days before closing and we had to put the property back on the market.
Have a
Read more…I need a Broker in Greater Hartford Ct.
Paul
Info@PaulAntonelli.com
Read more…I've had BofA close out my files in Equator and I'm not getting any reason why. Has this happened to anyone?
Read more…Hi! I am currently working through a short sale with a lovely retired couple in Virginia. They are planning a move to Dover, DE when we close. They are looking for a good Realtor that can help them find a three year rental until they can buy again
Read more…Morning all,
I have a short sale being processed through equator with Well's Farog. They found two liens one for Midland Mortgage and one for Georgia Department of Revenue. Both have the same names as my clients, but DO NOT belong to them. WF is req
Read more…I am working on a Bank of America co-op short sale (Fannie Mae) where the negotiator states that the maximum allowable settlement fee to the attorney is $750.00. Has anyone else faced this same limitation? If so, are there other allowable fees to t
Read more…Hello,
This is my first attempt at a seminar for homeowners who do not know where to turn. If any one is doing this type of function, any suggestions or advice would be greatly apprectiated.
Read more…Does anyone know who I can contact in the Short Sale FHA department of Flagstar?? I received an approval to participate and faxed all of the documenation required, they are telling me now after I confirmed 3 times they had everything they needed that
Read more…HAFA apprvl w/wrong dates ie:dated 5/4/2012 w/settlement 4/4/2012 approving contract dated 6/15/2012- What the heck ??!!?? I need a time machine to work this one out - negotiator doesn't respond or provide his or sprvsrs contact info- called 800# the
Read more…I have a seller with a Wells Fargo 1st and Greentree is the second. Got Wells to give Greentree $6K on a short sale payoff. Wells is taking a hit and Greentree will get nothing if the property goes to foreclosure. Greentree says they don't care,th
Read more…I am the buyer on a short sale...6 months in we find out the seller has state and federal tax liens against the property. The house is in Orange County, CA. We are hoping to get the HUD-1 from the bank this week. Apparently the tax liens cannot be de
Read more…Seller received the initial $7500 first time homebuyer tax credit. She is now upside down and unable to find work and needs to relocate. Who knows, or where can I find information about the consequences to her of repayment of the tax credit if she
Read more…Why offer a program and then do the bait and switch with the seller at the end?
Seller was told absolutely you qualify and this is the amount that you will receive. Now they are trying to tell seller sorry but Freddie Mac does not participate.
Fredd
Read more…Hi Short Sale Superstars,
You have all been so helpful with all my questions I appreciate it. Our offer is now in the "Offer Analysis" phase on Equator....From your experience how long should it take to get the Approval letter from this point? We ha
Read more…I'm posting this both as a warning to carefully read every single line of letters your lender sends (even when you think it is a duplicate copy) and to ask if anyone else has had this happen to them, and if so how it was resolved. Here's my story:
Aft
Hi
I have a HSBC short sale approval to close in the next few weeks . The seller has moved out of state . HSBC had the property winterized last fall and the electric is off. Will HSBC pay to have everything turned back on ? Thanks again ! Jeann
Read more…Our office is looking for an agent to refer a short sale listing in the Libertyville, IL area. Please call if you are interested:
Regards,
Melanie Carney
Loss Mitigation Department Manager
Home Retention Solutions and Management
Direct Phone: 813-
Read more…Hello,
Is there any way to get the 2nd lienholder to waive the balance. What is that procedure? Guaranty bank says that it is their policy to have a promissory note signed at closing for the borrower to payback the balance in either a lump sum or ove
Read more…I am working a deal right now where there was a second with USAA. It was sent to American Coradius for collection. Thus far, they've been impossible. The balance on the 2nd is $32K. They told me they would take $18K. HA! GMAC, who holds the 1st
Read more…I am interested in others experiences and opinions. I negotiate many short sales in my little corner of the world and am seeing many other "negotiators", both lawyers and non-lawyers, changing the terms of the ratified contract when preparing the HU
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