I've had good luck lately submitting a QWR with every short sale and getting the investor information within a few weeks.
Has anyone gotten the information that a POOL of loans is managed on behalf of the investors? I got one today that the pool
Read more…I am in CA, my client wants to file for bankruptcy, not sure what to advise him.He would like to stay in the home for another 4 months and has filed for bankruptcy. Should I take the listing? Looking for some advice. Thnak you
Read more…Does anybody have a good contact person for the B of A escrow impound account department? This is a Freddie Mac owned loan. Thanks.
Read more…I'm curious if anyone has heard of such a thing. I was talking with some insiders and they mentioned that there is a list called the "Cruel Inspection List" it's an industry wide list that has the names of companies, Realtors and Brokers doing shady
Read more…Please SS Superstars I really need your help. I am so upset right now, b of a$$ holes have just done it again. I have been trying to sell a home for 2 years due to overpriced values, closed files,etc. We finally go approval on March 22 close by May 6
Read more…Is there a particular formula that lenders use to determine how much they want the seller to contribute when approving a short sale.
I have done many short sales and this is the first one that has asked for seller contribution. I was just curious if
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how does a home buyer go about finding the status on a short sale held by BOA? we just want a yes or no for our cash bid
Read more…The family has scattered financial records of their deceased parents records. Typically what will the short sale lender require in an estate short sale?
Read more…I received a HAFA Program Approval for my client today. We already submitted an offer for more than the amount requested in the HAFA approval. Will the fact that the offer is higher than HAFA's requested amount have any impact on the approval?
Read more…Prospective short sale Seller wants to know if Chase has blanke policy about waiving deficiency - any clue how to get that policy?
Read more…An agent told me that he has an Attorney that is directly connected with BOA. He supposedly gets him short sale approve in less then 15 days. Has anyone heard of attorneys working directly with the banks and getting quicker results? Not sure if I bel
Read more…Hello everyone! I'm new to short sale superstars and I'm looking forward to sharing as many ideas and helpful feedback to all my fellow Short Sale Agents across the nation!
I've got a question to start: why does Key Bank wait until approval from t
Read more…Update on my Freddie MAC response...first thing this morning I had an email from a negotiator stating she is presenting the offer and the file to the investor today!!! I hope I'm not on the "black list" for taking it to Freddie MAC like this but I ha
Read more…Citi Mortgage - Radian Insurance - the MI company now, Chase - Republic Insurance - the MI company, called the borrowers and questioned them on their short sale process. Asked them every question ... what was the hardship, what was the list price, (c
Read more…Does anyone have good internal numbers to freddie Mac to speak with someone to postpone a sale?
The "public" number is not the one I need, but to someone higher up.
Thanks
Read more…We are trying to purchase a short sale home in sourthwest Florida. I would like to get some insite from others on how long it took and what the experience was like with BOA in this area recently? We have heard good and bad about BOA from people all
Read more…I have friends that wants to bring the loan current on their home and avoid Foreclosure but the bank is refusing to accept their payments. Is the bank under no obligation to let the borrower save there home from foreclosure if their financial situat
Read more…Hi Folks -
This is a link to a radio interview with Bill Black about the disaster that we have all been facing with Foreclosures, Short Sales, etc.
Although this is a long (1 hour) program, it's very good into and an interesting look inside the
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