Has anyone dealt with Abn Amro Mortgage Group? If so would appreciate any information you can provide on procedures, contact info, etc.
Don't seem to see much about this firm.
Thanks
Read more…We are the buyers on a short sale...5 months in and nothing in writing from the bank...My question is our original purchase agreement and short sale addendum have expired...do we need to renew them?... Our agent and the listing agent says we are fin
Read more…I cant seem to get through to Met Life's SS dept for the life of me. I call morning, noon, evening and can rarely get through. I had a negotiator just disappear about a month ago on a file and one of their staff told me in so many words they either f
Read more…When I am filling out form 710 there is a huge gap between the gross and net pay because my borrower is a sinngle person. HOwever when filling out the form it specifically requests Gross Income. Hhas anyone been able to go around this particular dil
Read more…After submitting a short sale offer on 2/18/12 (I have the buyers), we recd the two bank approvals letters last week for a May 14th close date. Representing the buyers I never request to review the sellers HUD for bank but I did on this one and then
Read more…I made an offer to a home in Broward County, Florida, a cash offer and only contingency is inspection.
The sellers attorney added a line to the ADDITIONAL CONDITIONS, saying:
My husband and I put an offer in on a short sale at the end of Feb. this year. It only took three weeks to get a counter offer by the bank (not sure who bank was, as it was never disclosed to me by our agent). We signed purchase agreement papers a
Read more…I have an issue with a high bank appraisal. Home will never sell at the bank's perceived value
Home is a short sale, HUD is the investor(PNC is the bank).
Bank Appraisal #1 came in high, we requested another. Bank Appraisal #2 also came in high($10k
I have a file with Indymac where the negotiation was outsourced to Service Link. After some communication with the negotiator at Service Link now I just can't seem to get an email from him. Does anyone have any helpful hints on escalating in this sit
Read more…Has anyone gone to Aurora and asked for concessions after the inspections were done? I have a buyer that is thinking of doing that due to siding and roof issues. This bank has been extremely difficult to communicate with so I hesitate to even attempt
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I have a client who needs to short sell but wants to stay in the home and lease it back with option to buy back. Been denied for loan mod twice so we recently applied for HAFA.
So does the short sale leaseback program work? Since ultimately the cli
Right now I am at the investor approval stage. Bank of America countered and we accepted. There is only one lien and there is no PMI. How long does it normally take to hear back from the investor these days? It has been 2 weeks since we accepted
Read more…I don't have time to dig tonight, and the information is probably here. I took a SS class that said if you disclose the banks bottom price your client can be disqualified for a short sale or a DIL. Any idea where I can reference the information. T
Read more…Do many people use LOI before they go into writing up a formal contract?
A RE agent told me she got lots of those from investors simply didn't want to waste time unless there is a "tentative" agreement based on a LOI.
Example here:
Read more…I'm at the end of the road on a short sale with Wells/ASC. The initial HUD that the approval was based on had a closing date that has now passed. The revised HUD with a closing date in the future now has a smaller credit to the seller for pro rated p
Read more…I took a listing to find out later that there is a $16,000 3rd lien (pool lien) on the property. Homeowner did not disclose this as he is up to date on the payment and didn't think he would need to include this in the short sale. The 1st and 2nd are
Read more…I am looking for places/ways short sale realtors advertise their services. Where do you get the most bang for your buck?
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I'm doing a short sale for a seller in California, he also have a property in Tampa Florida he needs to short sale. He has been about 6 months delinquent on that property and just received a lis pendens notice on 3/22/12. Property has 1 loan with B
Read more…Good morning superstars, hope you are having a great week!
I want to pose a question to you. Let's keep this high level and focus on a solution. Lately there are alot of posts about Bank of America. Alot of talk about issues with Bank of America s
Read more…Here's a hairball - I have a foreign seller doing a short sale, and while the seller won't realize any net at closing, is he still obligated to have the buyer withhold 10% of the forgiven debt as realized income?
Hmmm...
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