My client just received notice that she was denied for the HAFA program on April 27. No one at CitiMortgage could tell us why, they told us it would be in her letter. She JUST received the letter yesterday, May 9, 2010 and it stated it is because s
Read more…I hope that someone can answer my question for me. I was recently laid off from a title company that I processed short sales for. The way this company worked was that we would add $500-$600 to the settlement fee, seller/lender side, on all short sale
Read more…Presently in a short sale nightmare. we were backup offer and bank counteroffered to the first and they withdrew their offer. Subsequently, our contract was supposedly submitted to bank by seller's attorney. We thought this would be a relatively pa
Read more…does anyone have any contact information for US BANK HOME EQUITY DIVISION (2ND) I am wanting to contact upper management to try and get this file thru.
Read more…I am dealing with Metlife who have subsequently lost 2 LoA's, the borrower financials, hardship letter etc...
I can never get in touch with anyone who can tell me anything and I am hoping someone may have a direct line to call - thanks!
Read more…I have a few soldiers being relocated for the military. Has anyone experienced this program? Or are there other government programs to assist in the handling of upside homes? How does the process work? Do we submit a normal short sale package to the
Read more…I have an approval with Green Tree on a second mortgage that requires the buyer to bring money to close that will be disclosed on the hud. The first is with Bank of America and the investor is Fannie Mae. I know some investors allow this and some don
Read more…Good afternoon,
I have two agents that are interested in guiding me through the short sale process.
The 1st has CDPE designation and claims to have closed an average of 30 short sales per year for the past two years. This agent was referred to me
Read more…Has anyone had any experience with this? Not sure how accurate it is...been having quite the opposite experience with Chase.
http://www.sacramentotoday.net/news/templates/community.asp?articleid=1679&zoneid=1
Ben Balsbaugh
PMZ Real Estate
209-604-1
Read more…Ok Superstars,
HAFA Program
First BOA, I'm communicating with AMS Services
Second Chase
Full Asking Price offer in Equator
Back in Jan,2011 BOA sent us a letter saying "we offer you to participate in the HAFA program" and we have a short sale agr
Read more…I just had to share my experience today with everyone as it was the most unusual to date in my time working short sales. I got a call today from Marcus From Litton Loans. He confirmed my name and the property address and all the formalities that they
Read more…I don't know if I am just on a streak or is everyone noticing the second mortgage companies being tougher? I am having a few 2nd mortgage companies asking the seller to bring money to the closing table and sign an interest free note. Just wondering
Read more…Hello All,
We received approval on the 1st (Chase) and we've been going back and forth with the 2nd (PNC). Negotiator said we would have approval if Seller contributed 10%, both buyer and seller contributed to meet the 10%. It was submitted for inv
Read more…I am attempting to process a short sale. Home is worth about 90k, after 5 months and sending them complete package with offer for 90k - finally heard back from negotiator yesterday. She wants $117k and for the seller to either sign a 10k promissory n
Read more…Has anyone heard of the $20,000.00 incentive that Chase is giving the sellers to move out? If so, how true is it?
Read more…Anyone have any higher-up contacts at lovely Aurora? They have been stalling for months. My lawyer client is threatening to sue them. Big mess. Any help much appreciated. Thanks!
Read more…I received an approval on the first loan with Wells Fargo. The second lender is Chase. They assigned the file to Ascension Capital Group. Wells Fargo is giving Chase $15,000. Ascenion wants $50,000. The gap seems too wide to close .
Thanks for y
Read more…Please e-mail your resume to ValleyShortSales@gmail.com. Let me know how many short sales you have completed, specifically with Wells Fargo.
Read more…I hope this will be the right forum to ask these questions as I can't find a good forum with as much info with SS and Equator knowledge. Let me start at where this house has been. The house was put on the market as a Short Sale January 28, 2010. He
Read more…Hi,
Single woman, at the time, bought a home in her name. Met her husband and then they together bought a new home. They now have a new baby and have stopped making payments on their old home and are living in their new home. Do I have a chance to sa
Read more…
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