I am looking for help with a Chase short sale. Specifically I am looking for a contact person at Chase who has been able to fix a mess and get things accomplished. This has been an ongoing nightmare for several years, and this is the last offer I am
Read more…Is anyone else experiencing problems with property preservation companies? Five Brothers is the name that keeps popping up with us.
The latest is the tarp on the roof of the short sale approved property with cash Buyer. Five Brothers placed a tar
Read more…Hello, all! I put in a bid on a short sale home several weeks ago. The appraiser was sent out 2 weeks ago. Today, my realtor informed me that the bank, in addition to other information, wanted to know my address. I asked why and he did not know.
Read more…Has anyone recently having any problems with wells fargo lately. I use to love getting Wells deals, but within the last couple of months they have been impossible to deal with. Most recently, I had four deals fail quality review. No one can give me a
Read more…Ok I have been under contract since July 9, 2014. It is now March 10, 2015. I have had to jump through numerous hoops for BOA the will call and say I must resign already signed docs by 5 o'clock that same day or the process will start over (might I m
Read more…I really don't know where to start! Hopefully someone can take a few minutes to read our story.
In September 2013 we put an offer on a short sale home and the offer was accepted by the homeowners. We had sold our house and were renting back from the
Read more…We got approval from Ocwen! It expires May 26. The offer has been with the second lien holder citi for 2 mths. What's the chance of approval from citi before the Ocwen one expires???
Read more…Someone asked me this question and I'm not sure I know the answer: If a broker needs to short sale his/her property, can they be represented by an agent from their brokerage, with regards to the arms length affidavit? I'm assuming all relationships w
Read more…As many of you may know, Nationstar now runs their short sales through Homesearch.com instead of Auction.com. And in case you were not aware, Homesearch is owned by the same investors that own Nationstar. Now my issue....Initial offer submitted for $
Read more…Good Day Superstars,
I'm working with a buyer who is using FHA financing. Does anyone know a 203k consultant in the metro Atlanta area?
Thanks much.
Read more…Hello! The house is not in major disrepair but needs some work. What has been your experience with buyers who have FHA loans who want to purchase a short sale. The seller has a VHDA loan? The buyer is paying their own closing costs.
Read more…So, my goal is to obtain a HAFA ss for this client. Some advice I received in here said I could not directly submit to HAFA for BofA.
I went to Equator to "initiate a short sale and below is the message I received.
How do I get this short sale submi
Read more…Hello everyone,
Here's my story in brief. I've had my eye on a short sale home that has been pending for last month or two, It was listed at 240k. A week ago it became active again with a price reduction at 228k. I contacted listing agent who info
Read more…In the middle of a short sale and the lender takes property to trustee sale. What to do? I called Hud to ask if the lender could by pass the short sale while reviewing offers Hud said no they can't. I was told the lender had to entertain the offer
Read more…IndyMac approved our Short sale pending a BK court approval. Ocwen took servicing 2 weeks before we received the court document. It's been 18 months with Ocwen, "servicing" the loan, 18 months and not even an interior valuation, stated in their own
Read more…I have a potential listing where the mother of a borrower is inquiring about a short sale. The property needs work and is vacant and the mother is the only heir per the probate filings.
The mother is asking me if there is any incentive to her going
Read more…What does a bank typically pay towards HOA fees in arrears? The property I'm short selling has 3 different HOAs.It's not a condo.
Anybody know?
Read more…I am considering purchasing a short sale as an investor (paying cash so no loan involved) and have already identified a cash buyer for me to sell the property to after my purchase.
When inquiring about a simultaneous closing with the title company, I
Read more…Hello everyone,
My name is Greg and I'm currently new to the short sale investing strategy and I wanted to get some information on what are the typical documents needed in a short sale package for the seller to submit to the lender?
Also, can anyon
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