Hi Everyone,
I have had my sister-in-laws home listed for4 months. We originally thought the sale would be a regular sale and sell for some profit. However, the values have dropped and we are now in a short sale position, granted its only about 20k
Read more…My house is listed as a short Sale and has been listed since November. I have been approved
for HAFA with IdyMac Mortgage, however I have outstanding debt I am unable to pay and need to file BK7 (already have paid lawyer) Can I go foward with BK7
Read more…Does anyone know if FNMA will be updating their HAFA program guidelines in accordance with the HAFA updates effective June 1? More specifically will they be removing the delinquency requirement?
Have spoken to FNMA and HAMP helpline and have not bee
Read more…I am attempting to take on a short sale with SunTrust. The client has both the first and second with them. Any advise you can give me would be greatly appreciated. I've heard so many horror stories but have not dealt with them "Yet". So I am crin
Read more…The new rollout of your changes STINKS as far as the messaging goes. We work on MULTIPLE BOA files, so they send a message and all you get is "YOU HAVE A MESSAGE" and if I don't remember which negotiator goes with which files...ug...sorry I'm ventin
Read more…Have any of you Texas agents filed a motion to postpone a foreclosure at the courthouse?? I had a homeowner call me this past Wednesday. He has a foreclosure date of 5/1/12!!!! I told him I couldn't guarantee anything but I would do my best. Lend
Read more…Had an agent call me yesterday and tell me to call her homeowner. Homeowner has New Century Mortgage??? I have NOT done a New Century. I for some reason thought they were gone.
Anyone deal with them at all? Looking for insight.
Read more…So for those of you who know the PFS program very well I have a question you know on the ATP how it states language like this
Acceptable Terms of Sale
Program criteria require that “net” amount payable to
HUD as a result of
Read more…Flagstar is the slowest SS dept. ever. Their new SS system now has the "point of contact" person who has no email, no direct line.. so i call & wait 20 minutes, then the call gets transfered to Point of contact person, who's voicemail says he will ca
Read more…I am in SoCal and was wondering if anyone had any luck with hiring 3rd party negotatiors to work your short sale. I have only had a few myself that my assistant and I handled, but one our agents is going to have access to an great amount of leads and
Read more…Bank of America is not very sensible or logical..duh. This one is a real doozey to understand, and it's best not to try. Just accept it..
Listed in Laguna Niguel, over 1 year ago. Original LP of $1,050,000. One Note. Investor: B of A
Offer 1:
Read more…I haven't heard this one before, but it just happened to me.
I was about a month into a short sale with GMAC as the second. Wells Fargo was the first, but they would be made whole by the sale.
We had an offer, BPO was just ordered and then the Selle
Read more…Hi there,
I have another lead, I have just been contacted by someone in Lawrenceville (I'm told this is a suburb of Atlanta, GA). Any short sale proficient agents available to assist? Please email me with your e-card/signature if you are at vaugh
Read more…I have a listing that AHMSI is the servicer, Freddie Mac is the investor. The loan has PMI as well. This is a military family with orders to move in a couple of weeks. They will be getting a significant drop in pay soon. The PMI company did not reque
Read more…Elena Celestine, Short Sale Agent Education and Outreach specialist with BoA just stated that we can add our assistants to the new 3rd Party Authorization form.
I'm hoping she didn't misspeak.
Read more…Anyone ever heard of a bank accepting a lease to own on a short sale? I had an investor approach me about it.
Read more…I need some help. I have a second (Old Republic) who is demanding 8K for an original balance of 77K to release the lien. This is running through BofA's Cooperative program, which they will only pay 6% up to 6K. In this case $4568. The buyer is willin
Read more…Any help would be greatly appreciated.
Paul Antonelli
info@PaulAntonelli.com.
Read more…I would love some input here! I have a new SS transaction with BAC as the FIRST, which is not being shorted, and IndyMac as the 2nd. BAC has sent a notice of default (we live in AZ) with an auction date set for June 22. Since they will get all of
Read more…
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