Up to now I have had 100% success rate on short sales and I have been using the CDPE packet as I did in my last short sale through Wells Fargo.
This morning I was looking through this site and the Wells Fargo documents and I see they have their own s
Read more…Hi, all. This sounds elementary, but GMAC is telling me that buyers, sellers nor agents can contribute to the subordinate liens. The MHA guidelines do not address the buyers making contributions, unless I am missing something. The buyer is willing
Read more…After 8 months on the market and 2 buyers, Wells Fargo finally sent me the short sale approval letter for my second buyer giving me a close on/before date of March 30. When I told them there was no way we could get this done in 8 days, they said to
Read more…Do any banks allow a buyer in a short sale transaction to go through the 203K program? If so, does Bank of America, as Seller's Lender, allow this?
Thanks
Read more…I am facilitating a HAFA or COOP or Traditional Short Sale with Chase for a property in Freeport NY. I need the recommendation from a local Short Sale Super Star or CDPE Agent for a Local Attorney who can prepare the prelim HUDs and do the closing af
Read more…Interested in a short sale property located in South Florida.
It came up on my radar late in the game, listed for 160K in 1/2011, three months later adjusted to 145K, since then a bunch of listing removed, listed again for 145K.
I went and looked a
I am considering using Wingspan and would let to get some reviews from agents that have used them. The good, the bad, or any opinion of the services. Thanks!
Read more…I wrote an offer for my buyer and submitted last Thursday - requesting a response by Saturday evening. I was told there were no offers on this property - no one had replied to the previous mulitple counter offer the week prior. The homeowner is a lic
Read more…I have a lender that wants my seller to pay them $305 upfront for the BPO before they will even look at the short sale package. Is this even legal?
Read more…Just wanted to give my current story on what's going on and if anyone had any suggestions. Currently trying to short sale our house which contains Chinese Drywall and this is the response from BofA: The BPO came back with extensive damage regarding
Read more…In initiating a Bank of America short sale I have received a call from them telling me my seller has been approved for their cooperative short sale program. I didn't find a group here specifically related to this program so I can't find the posts tha
Read more…I'm thinking expired short sales might be a good prospect. I'm writing a series of letters to short sales that expired since November but still have not relisted thinking maybe they took it off for the holidays or they were trying to get a loan mod.
Read more…I took a short sale listing, with the homeowners applying for HAFA, just after I listed it. They were accepted into the program and the bank came back with an approved list price. I received an offer that was several thousand more than the recommende
Read more…Does anyone have information on escalating to a Manager at Astoria Mortgage?
Read more…I am stuck, ING will not issue approval without a lien release letter from Chase. Chase will not issue lien release letter until they have an approval from ING. Chase's loan is in the recovery department. Neither will budge...any suggestions???
Read more…Hi everybody, I am doing a Wells Fargo Short Sale (for the past 9 months :-( Wells Fargo has a Short Sale Affidavit that Everybody in the transaction signs, including the closer at the title company. This is a standard language document stipulatin
Read more…We are rushing to
does anyone have any idea where I start getting a correction? Over two years ago I completed a Short Sale with Aurora (no small task) and now my client has discovered that Aurora reported it as a FORECLOSURE. Credit Reporting agencies want a letter f
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