I was speaking to another agent in my office and we are going to write to anyone who will listen about bank of america and their antics? My closing attorney just said the same thing. I am tired of complaining about them on here it's getting us nowhe
Read more…Once a property has closed, is the HUD form from the transaction recorded anywhere or is it only available in the settlement agency files?
Read more…Hi All,
Before I go and reinvent the wheel I was wondering if anyone has a good Short Sale Flow Chart graphic they would share? I thought that having a picture of what happens and when would be easier for sellers and buyers to understand.
Thanks
Read more…Hello,
I have a short sale listing with lender BOA. This is my 1st one with Equator as I have been avoiding them. But the system is simple to use once I got into it. The buyers agent had informed me that they needed to drop 3 of the buyers from the
Read more…I am purchasing a short sale home in "Houston, Texas" and it has been approved twice..
the problem that i am facing is from the seller.
Seller has got in a divorce and has a divorce decree stating that he is awarded the house and if he does sell it
Read more…Hello,
I have heard the wonders of Wachovia, but amazingly I've never had one with them. I have closed tons of short sales, but unfortunately none with WAchovia.
I am ready to list the property and I would like to know who to contact or to know i
Read more…I have submitted short sale package to HSBC. There is only a first, no PMI and BPO has been done. Full price offer - list price was based on bank recomendation.
I submitted/they recieved package 3 weeks ago.
There has been no update to file. Nob
Read more…I am the seller, short sale, condo at beach, where it's damp for months, in California. I never lived in the property.
We have bank approval, and upon home inspection it was noted on report: moisture meter read moisture in wall behind toilet. Recomme
Read more…With all the upheaval at BofA recently since new management took over, files getting lost, negotiators getting lost, and everyone in "meetings" all day....Now I find out they will not allow offers uploaded to Equator that use FHA financing if BofA is
Read more…I found out yesterday at a local Title Company..that Agents who are providing Short Sale Services...instead of "charging a fee" are writing a BONUS in the listing agreement...
what are your thoughts? I like it!!!!
Read more…I see alot of agents who want others to just hand over their hard earned contacts online. Many will but there is a time that once the contact info hits the web, the lender changes their contact info or email addresss.
Some tips:
Email the person ins
Read more…I have a short sale that is supposed to close this week. The contract was written with Mom & Dad and daughter as buyers. Apparently now the daughter does not need Mom & Dad to co-sign - she is doing the loan on her own. I JUST learned this on Friday
Read more…I have a Hancock Bank short sale and they told me to call DMI. Anyone ever heard of or dealt with DMI? Any advice or direction would be great.
Read more…Anyone know why our offer would be approved so quickly with the sellers 1st loan through BOA and it's taking twice as long with the second. I know they want to get as much as possible but didn't think this would hold up the sale. The 1st department
Read more…The agreement notice was received for a short sale. Buyer and seller were ready to close when we discovered the property went to trustee sale before it was suppose to. Fannie is the invester. Citi is the servicer. Buyer and seller are still on boa
Read more…Has anyone else come across a situation where the Jr. Lienholder is asking the seller for more than the first is paying to settle with them? How have you handled this when the first won't pay them any more and the investor will not allow the parties
Read more…short sale is stuck and contact at H&R Block Bank (M.B.) will not budge on what she will allow to 2nd lender and also will not allow contribution to 2nd from buyer. Does anyone have contacts or experiences with H&R that can help me, they are small a
Read more…In our market there is a perfect correlation to the build up of the real estate market in Charlotte and the order in which its falling out.
Immediately after the September 11 attacks, we saw the builder putting everyone with a pulse in a home. This w
I have a client with 5 properties.
He has his primary with a Wells loan. 399,000
He has 3 properties with BOA loans totaling 486,145.
On one inv property he has a house probably get 275,000 out of 311,000 (BOA)
One another inv property He has a lot
Read more…
**********************************
like buttons
************************