I put in an offer on a Hubzu property on Clearview Way in Eagle Point, Oregon. After winning the auction, I visited the property and did a more careful examination only to discover that the garage had a fire in it and that is why the garage was boar
Read more…I received this response from Chase stating that HUD had denied the variance for this reason.
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Has anyone heard of this and have a contact the borrower can call at hud? We have a buyer and appraiser agreeing on the pri
Read more…Hi,
I hope someone can help me. My mortgage servicer is Carrington. I am currently am in the SS process got a contract and now just waiting for their counter, refusal or acceptance. I have been asking all throughout the process that I would like this
Read more…The first mortgage is Freddie mac and they gave 6K to the second one and for 2 months they keep telling me that is pending investor approval?? Its driving me crazy !!!
Read more…Will US Bank (or any other bank for that matter) consider/allow a short sale for a loan originated in 2014? Seller has legitimate hardship per current HAFA guidelines, but HAFA guidelines also indicate that to be eligible for foreclosure alternative
Read more…I have a short sale approval with Chase, Its HAFA short sale.
Chase wants the Purchaser attorney to sign it. Since when? Its the first time that I was asked the buyer`s attorney to sign.
Both Seller`s and purchaser attorneys told me that only the par
Read more…HI SUPERSTARS
JUST CHECKING IN TO SEE IF ANYONE HAS EVER HAD THIS SITUATION.
JUST GOT THE VALUATION FROM CHASE ON A SHORT SALE. THE PROCESSOR SAID THAT THE VALUE IS $1,500 PER THE APPRAISAL. THERE IS A CHASE 1ST AND A PNC 2ND.
THE APPRAISER SAID I
Read more…We moved to Colorado from St. Louis, MO, over 1.5 years ago. The St. Louis real estate market had dropped precipitously during the recession and, rather than show any signs of rebound, has only continued to drop. (As evidence, our home was once value
Read more…Hi All,
I have a fairly new short sale listing and the lien holder (Caliber Home Loans) obtained an Independent BPO that came in higher that market value. A rep in the short sale department at Caliber told me that the independent BPO did not list a s
There are several agencies in the market, engaged in manufacturing and installing solar panels. Worldwide due to global warming and permanent reduction of energy sources, people are turning to produce its own electricity in their homes. There is anot
Read more…I have a seller with 3 liens. The sales price will cover the 1st and 2nd lien. The third lien would be short. Should I do a short sale including all 3 liens? Am I able to do a short sale just on the 3rd lien? Please help. I've done over a 100 short s
Read more…Hi,
I recently called my bank on the progress of my SS. They stated that there was some paperwork holding up the progress. I told them again that this was a HAFA SS where I should get relocation assistance.(from all of the criteria). They mentioned t
Read more…Recently uploaded initial documents for Short Sale on HomePath for property with FNMA as ultimate lender. Two weeks later, nothing. I filed a request for escalation to get BPO. SHOCKING!! I got a phone call the next day from HomePath and a BPO was o
Read more…This question comes a bit later in the process as the client has already sold their home. I always feel it a bit odd as it seems under some circumstances a person get's impacted less doing a short sale and not paying the bank off in full than working
Read more…I have a client that has 2 judgment liens for spousal support. Not sure where to start to get this release. Any feedback greatly appreciated. Lien was filed in Pasadena, CA..
Read more…I am working two short sales w/Fannie Mae and both of them are coming back w/unrealistic list/counter offer amounts. I have tried fighting the value w/no success. Does anyone have any other ideas? I am sadden for my clients who are on the losing end
Read more…I have a situation where the seller wants to scrape together about 25K so that he's not short on the first in order to avoid having that on his credit. (It would affect his employment) The 2nd does not show on his credit report so he'd get away wit
Read more…Please help. My client has had his paperwork in with Nationstar since 6/4. We received a cash offer on 6/9 and the bank will not let us submit the cash offer since FHA is trying to decided if they will let him short sale his home. We only have 2 Week
Read more…Please note site rules. No advertising is allowed. Do not sneak an ad in with your remarks or start a discussion with an advertisement. Do not spam. If you would like to seek an advertising opportunity, contact me or Bryant.
Read more…I own a deed of a property and looking to buy the note from Nationstar.
The property is in foreclosure but the matter was scheduled for dismissal based on Plaintiff’s failure to prosecute this case.
The mortgage holder stopped making payment since 2
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