>>>>>VENT IN PROGRESS<<<<<<
Just made an A&% of myself. Got written approval on a GMAC short sale. YEA! Scoured for language. Lien release - check - Full satisfaction - check - SWEET! Called homeowner and emailed title company to get ready.
WHO
Read more…Does anyone have a Chase Arass form they can send me?
Thanks
Christine@rirealestatelaw.com
Read more…Hi Superstars, I'm working my first short sale with Ocwen I'm in the process of Re-submitting the short Sale packet to Ocwen. They claim I didn't submit additional documentation within 10-days of their request- which is not true I did in 3-days of ge
Read more…Bank has approved short sell and set a closing date, now buyer wants to change from FHA loan to a conventional loan. How will this effect all parties involved?
Read more…Due to oversight at the attorney's office, a tax lien , and two improperly recorded?? security deeds were discovered after the pre HUD approval.on a short sale. Of course this happened during the Christmas-New year for a closing scheduled for 12/31/
Read more…Good Afternoon - I just had an agent call and ask if I have heard of a lender by the name of "GreenLeaf" I told the agent no and that I only new of a lender by the name of Green Tree? My Realtor expressed she was told that "Greenleaf" just recieved a
Read more…I've been working on this one for 379 days and am on my 5th set of buyers. US Bank got it to go HAFA but the BPO came back too high so we disputed it. Now its been stuck at Freddie Mac FOREVER. HAFA deadlines be damned, they tell us they don't app
Read more…I just wanted to share with everyone here because this is such a frustrating scenario. B of A. My first two buyers walked. The BPO came in $130,000 over FMV. Both of the first offers were for same amount..$850,000. Counter came back at $980,000
Read more…Hi all,
Homeowner went through Chapter 7 -- everything was discharged. Homeowner got a letter from Chase saying they were eligible for $20K by doing a short sale.
Homeowner also has a HELOC with Citibank -- that debt would have been discharged as pa
Read more…Some one please share you experience, a good negotiators phone number. I am having so much problems with Penfed. They made my client do a loan modification because flat refused a short sale. Please advise.
Read more…I have a seller who is doing a short sale with GMAC. He is worried that the lender will somehow attach his 401K as he does not have any liquid assets. Has anyone had any experience with this?
Read more…Do any of you have a short sale package from Green Tree that you can email me?
I've been trying to get thru to their customer service line the whole day and they have 'unusually high call volume'...
My email is mirelabote@gmail.com
Thank for you
Read more…Michael Williams has decided to step down from his position as CEO and president of Fannie Mae, the GSE announced today.
Williams was appointed to the top post at Fannie Mae in 2009, after the company was placed in federal conservatorship. He will
Read more…Just closed a Bank of America short sale, Florida Condo.
We lost our first buyer end of September and requested a "soft decline" in order to present a back up buyer. Offer paperwork submitted on Sept 28. New approval recieved November 30 and closed
Read more…Hello Everyone and MERRY CHRISTMAS to you all and your families.
I have a first time issue Im wondering if anyone has had.
Short Sale, 1st Mortgage with Nationstar Fannie Mae backed, wants 10% to give full waiver, has to give 2nd 6% per Fanni
Read more…I am dealing with Fannie who thinks the house is worth more than anyone will pay for it. We provided the servicer and Fannie with a CMA (market analysis) and showing history. Our home has dramatic paint jobs in every room, older appliances, some un
Read more…I pre-market property. Many times I have it under contract within 24 hours or less after listing on MLS because of my efforts and a homeowner closes sooner this way for me. I've seen some debate back and forth about this. I'd like to open this up t
Read more…I received a counter offer from BOA/Equator system about 25% more than offer price. The home is not in good condition and needs a lot of fix around 25K. I am sure BPO doesn't take into account all this facts as condition is subjective to buyer, but i
Read more…That is the best news I have heard in a while besides that Bank of America is starting to hire and train HAFA certified negotiators so they can handle HAFA short sales in-house.
Back to Recontrust...this is great news particularly for those homeowner
Read more…Hello fabulous short sale superstars!
I don't know if I had seen this question here before, but should you try and list a family member's home with you as the listing agent, of course with full disclosure, or just refer it out, so you don't break th
Read more…
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