Hi everyone,
My Dad recently submitted an offer for a shortsale that is through suntrust. We submitted the offer June 20th 2011 and the listing agent says an appraiser has been assigned. We were really hoping to close by the ending of August. This is
Read more…We live in WA a non recourse state. I have closed about 200 short sales and usually I am able to get the deficiency rights waived on the short sales before my client moves forward. But I have a IndyMac/OneWest Bank short sale that got the following
Read more…I have had a few requests for friends but this last one I cannot find them by name. How do I add them?
Read more…I'm trying to find out if other short sale negotiation/facilitator companies are being denied compensation from lenders. I know this has not been an issue with all lenders in the past, but is anyone out there seeing a more frequent denial of these f
Read more…Anyone use www.pointofmail.com to send emails? With the growing trend of companies like Wells Fargo disabling read reciepts so that we can not see that they have read our emails, I am thinking that I want to try this service.
It allows you to see wh
Read more…Does anybody know how to escalate a B of A Short Sale Coop w/ REDC as asset manager for investor.
We have a cash buyer/ agent who wrote an offer for $245K without the 3% commission to them. Appraisal and counter came back at $280K which did not supp
Read more…Hi-
I am looking for additional short-sale training and there certainly is a maze of available selections on the internet. The CDPE seems the most comprehensive and up-to-date, but that may be an inaccurate perception on my part...
The fact that SFR
Read more…Has anyone run across a situation like this? Two families (wives are sisters) purchased a property. Purchased in Couple 1's name with a first and a HELOC. Then they had a lawyer document a wrap-around mortgage and deeded to Couple 2, who have been l
Read more…http://www.msnbc.msn.com/id/43569643/ns/business-us_business/
I would love to see a figure on how much money BofA cost their investors by dragging out and not approving short sales vs foreclosing and then selling as REO. I know there are hundreds
Read more…Hi all,
looking for the best online short sale management type program. I need something like short sale commander but wondering what the reviews are and if there are any other programs out there like it that may be better/cheaper.
Thanks!
Read more…Is anyone sending these out after closing a short sale? What do you think about being specific regarding the house address? Leave the house number out? Does it matter?
Read more…Hi,
Does Bank of America settle home equities (or any 2nd loans) that are upside down with little to no equity, with out a short sale? Other large lenders settle with out short sales but BofA in the past told me they would not settle (unless through
Read more…I have a client that is being chased for deficiency in Florida, I have given her my 2 cents, BUT< am looking for a FLorida attorney recomemndation.
The property was located in Orlando, FL.
If you know or could refer someone, plesae contact me dir
Read more…Short Sale approval at $150k- letter from BofA - no deficiency on the first
2nd is also with BofA (however there is Private Mortgage Insurance)
PMI approved the short sale also but with the Seller's signing a prom note for $32k
Seller's asked the
Read more…Check out the rules of engagement. See what Fannie Mae is offering as opposed to what we are giving up.
I attended classes in Snohomish County Washington and Couer D' alene Idaho where we we told by the appraiser institutions/associations this would
Read more…Hi Folks, this is my first posting. I've only done 2 short sales before (they are not as prominent in Texas) and they were both with single lien holders. I was referred to this gentleman who bought at the height of the market, an 80-20 loan total of
Read more…I have a short sale file that is at the end of negotiations with NationStar, in Equator. Now, they sent an application for the Buyer to complete for loan pre-qual with NationStar. We already have, not only a pre-qual letter, but an approval letter
Read more…I've got a foreign national seller with no social security number and no US tax returns. (Remember those days? 20%- 30% down and my goldfish could get a loan.)
Property used for 2nd home & rental property. What are the chances of a short sale ap
Read more…Just recieved an offer on one of my short sale listings. Property hit the market last Friday. GREAT condition, GREAT location, just an all around GREAT house! Did I say this was a fantastic house?
The comparables were really easy, there have been
Read more…I keep hearing this, but still not getting any responses in my B of A new listings??? What's up??
Read more…
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