Has anyone dealt with Franklin Credit in New Jersey. I have a widower who lost his job six months after his wife died of cancer. He spent all of his savings trying to keep his house because his son was still in high school. Two years later we are now
Read more…Has anyone been able to secure a 2nd ATP under FHA's PFS ;program? Our original ATP expired, and a Wells Fargo agent advised me to have the borrower apply for a new ATP. If this can be done, it would actually be great because the previous appraisal
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I have a very simple solution, STOP FORECLOSING ON THE PROPERTIES WHEN THERE ARE GOOD OFFERS ON THE TABLE!
STOP thinking that real esta
Read more…Does anyone have any good contacts at GMAC. I have a f/c set for this Friday and they won't postpone due to investor guidelines. I need to have this escalated to someone with some power.
Read more…My short sale offer on a VA property was rejected because the BPO was much higher than anyone would pay. It was so high that the WF Negotiator countered our best offer with a price that was higher than current payoff. When I pointed that out, she can
Read more…If you all missed this 60 minutes episode go to this website: http://www.cbsnew.com/video/watch/?id=7375936n
Unbelievable, but not surprising.
Read more…AHMS is charging a buyer a 1% administrative fee on a short sale. Is there a way around it? Will they let the deal die if the buyer won't pay the fee?
Read more…Wondering if anyone could offer any insight. I had submitted two offers with Chase on a short sale which they denied me both times. I'm at my ropes end here and wondering if I should keep submitting or what options there may be? Anyone have any ex
Read more…Hi All! I'm working on a short sale with BOA, and the offer we had was rejected by the bank because it was too low. They approved a larger amount, which is too high for this house. My question is, when this house gets foreclosed on, is there any way
Read more…The seller of a home I have been trying to purchase for about 5 months is not moving (his agent has gotten him one extension after another) and the bank is scheduled to foreclose next month. I have been ready to go for months.
1. What is the likeli
Read more…We are always front and center in our short sales. We have closed all but one and are looking forward to several closings this month. I am always looking for information that will help our clients in understanding the process.
Read more…I have a short sale I am working through Wells/ASC. Initially there was an inflated BPO of 470k on a property that comps in the mid 200s. The house is vacant and in a tremendous state of disrepair. The owner agreed to pay for a full appraisal and
Read more…Just found out the seller is backing out of paying the $3900 in delinquent fees to the HOA and we are signing docs tomorrow. I'm not paying for someone who is basically walking away from their responsibility in purchasing a home they couldn't afford
Read more…I want to personally thank Bryant and Wendy for having the very best short sale site available! The insight and knowledge that we get from this site is priceless. How could it get any better?
I will tell you how!
Please see the Short Sale Training
Read more…One of our clients has a Chase 80/20. Chase approved a regular short sale but is expressly asking seller to agree that there will be a deficiency judgment. Any suggestions as what to do? Seller won't sign if there is a deficiency (because doesn't
Read more…I have a prime candidate for a short sale and Vericrest has just informed us simply that they will do no short sales. Has anyone run in to this mentality and is there anyway to escalate this. Their web page suggests short sales as a way to help the
Read more…I have a google alert for short sale articles set up so that I can read as much as I can get about short sales. This one just came across on Realtor.com
What Buyers Need To Know About Short Sales
I find it interesting always to hear from a short s
Read more…Hi Guys,
Does anyone have a solid contact at Chase that make decisions?
If so, please inbox me.
Thanks & God Bless,
Tyra
Read more…Would like to know which website to use to capture short sale leads and drive my traffic to for more information. I would like to ad a website to my print & online marketing to help catch the sellers not ready to talk face to face. Any suggestions, T
Read more…I have a BofA HAFA approved file in which BofA holds the first and the second. It is the first that I have been working with..will BofA or their marketing assistant handle that?
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