Does anyone have recent experience with them on a short sale? I am in the process of trying to purchase one. The owner has accepted our offer and now we are waiting. They do have MI. Here are some of the details. The owner owes approximately 400k and
Read more…Hello Superstars.
I relocated to California about 6 weeks ago, and I'm waiting for my license to be issued. Not being able to promote my short sale servics for the past six weeks is taking its toll on me!
If you have a short sale based web site t
Read more…I had a phone call from a B of A negotiator, they are ready to approve the short sale, and in reviewing the buyer's pre-approval letter, buyer's lender did not specify if buyer is conventional, VA, FHA. Negotiator said that only government loans are
Read more…If you are an agent and want to learn all you can about short sales check out http://www.TheShortSaleCrush.com. It is tons cheaper than other courses out there. It explains everything and is by 2 of the short sales master who have now closed hundre
Read more…hi,
Well, in 33 years as a Realtor this has not ever occurred. I'm in middle of a Wells Fargo short sale, 1st and 2nd. The seller passed away last week, has a trust and the successor trustee is more than willing to move forward with the short sale.
Read more…Making headlines in a British Newspaper:
What a shower of morons they are.
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I have short sale approval from Indymac Bank. I also have a buyer who called on the property when I first listed it. Has anyone represented the seller and buyer in an Indymac short sale transaction and successfully received the full commission?
Read more…The first is JP Morgan Chase they have approved a 6,000 payout.
The second PNC bank wants 10,000
The buyer is willing to raise the price to cover the 4,000.
Chase says HAFA rules don't allow more than 6,000. total
Any suggestions would be apprciate
Read more…WHAT IS THE FASTEST WAY TO FINISH OFF THE HAFA NEGOTIATIONS, MY CLIENTS HAVE BEEN IN IT 3 WEEKS AND STILL NO ANSWER. WELLS FARGO WON''T EVEN START EQUATOR UNTIL HAFA IS COMPLETED. WHAT OF A WASTE OF NEGOTIATION TIME ON THE SHORT SALE MEANWHILE THE
Read more…We are buying a short sale. This forum has helped a lot to understand the processes and potential things that can go wrong, so thanks to everyone who contributes here. After months of waiting for response from first lien, and then negotiating back
Read more…has anyone run into a similar situation? My seller had an 80% LTV lot loan an a vacant lot in northern Florida. The developeer went belly up, never finished the subdivision and lots that sold for $250,000 are now going for $5,000. We have been counte
Read more…Anyone work with Loan Resolution Corporation?
I'm hearing more that lenders are designating local agents in their marketing letters and wanted to know if any is working with LRC in getting referral, as they handle number of HAFA short sales for B of
Read more…So here is my scenario- husband and wife have divorced with the wife still living in the home- currently both are still on title- the first will be paid off - they are both on that mtg- the second heloc for approx $200k will have a loss between- $20k
Read more…I am the buyer of a short sale property. Friday will be the 120th day of waiting. The sellers have had a attorney working for them through this process. We recently found out that they were denied HAFA about 15 days ago and the file was sent back to
Read more…Does anyone on our forum have a good contact at FHA..they are the investor on this loan and I cannot get a response of a f/c postponement from them..been calling for a solid week. The f/c is set for Monday at 9:00 a.m., so tomorrow is my last day to
Read more…I have been reading about FHA rules and I have questions: Is the 30 days starting from when you applied the short sale or when you put your home up for sale? If my home is appraised at 600K and broker fees are 6% and there are tax liens for 100K, wha
Read more…Hey Everyone,
I just got a call from a past client who was working on a loan mod with Citi. They just denied him and are set to F/C on 8/30. Its an FHA loan and I know I can sell his home (again) but I need a contact at Citi that actually has the p
Read more…Does anyone have any sugesstions .
on 5/20 they said we would know in 30 to 45 days
we called every week
had it escalated , they forwarded it to a manager etc
last nights call they said hmmm no update oh by the way it was sold to Nation Star yes
Read more…Has anyone gotten an e-mail from this company DTS or Dignified Transfer Solutions who is teamed up with Bank of America to assign contacts for us to call and door knock???? Anyone else?
Read more…I am trying to work with Citizens bank on a second for my short sale. Does anyone have any good contact info. for them? I keep getting transferred from department to department.
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