I am stuck in the short sale from ..... Wells Fargo is servicing for the first (will not release the name of the investor) and Greentree is servicing for the 2nd. This is the 3rd attempt to short sale this property in the last year. First 2 buyer
Read more…The boy version of my situation: Had approval, buyer walked. Have new buyer at same terms but Wells is dragging their feet. Just got Freddie Mac to postpone trustee sale for last time until May 18, but need at least 2 weeks for buyer to get loan toge
Read more…I am trying to buy a short sale property. My offer has been approved in equator, but have not received approval letter from the investors? I found a public record - assignment of mortgage to bac/countrywide. Does this mean the property is heading t
Read more…Has anyone had any dealings with this Credit Union? I have a situation with B of A as 1st Wesom as the 2nd. Wescom rejects B of A's offer of 10%. Balance on the 2nd is $29K and they refuse to counter saying that we need to submit and go back and f
Read more…Need some urgent quick help! I have 2 short sales and one is my own property. In both cases these are Freddie Mac Short Sales scheduled for auction Friday May 6th. For my property I have been doing everything properly and to the letter. While cal
Read more…Has anyone worked with Webster Bank? I'm getting ready to start a short sale with them.
Thank you.
Read more…I owe: $265,000
Current tax assessment: $251,000
Recent sales (only 3 in the past 6 months): 11/9/2010 @ 245,950 - 11/16/2010 @ 215,000 - 2/17/2011 @ 198,000
Servicer: Navy Federal Credit Union
Investor: Fannie Mae
My short sale specialist wants to
Read more…I have a loan owned by Fannie Mae and serviced by NFCU. I am current, but have read that Fannie Mae will not consider a short sale until I am at least 30 days late. My research supports this, but I haven't found any info on this issue more recent tha
Read more…I have an investor who denied the postponement of a sale date. I have a good offer for this property. I called the bank and the gal I spoke to said unless I have a connection with Freddie Mac there is nothing she can do to postpone the sale date with
Read more…Dear Short Sale Agents.
I have been successful in escalating a file with US Bank as 2nd position lien holder. This escalation was successful due to the email addresses provided by short sale superstars US Bank page.
I am currently in discussions wi
Read more…Have a short sale that was to go to foreclosure on 4/7. Escalated the situation with Freddie and B of A as we had a cash offer. B of A was awesome and rushed through the process but the day before the sale B of A came back and said the MI company wa
Read more…I put in an offer on a short sale on February 28, 2011. The offer was approved by the seller as well as by Chase bank. On April 8, 2011 the file was sent to the PMI company for final decision.
As of today, the PMI company has asked for a copy of my
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Does anyone have recent contact information for anyone at Freddie Mac that can do a postponement.
We do not get any further than the screener.
The issue is, our FCL date is before the Sale Date, and cannot close fast enought or before the foreclo
Read more…Are they just another 3rd party negotiating company?
Read more…Husband and wife on the mortgage note. Husband only on the deed. They divorced, she quitclaimed the house to him. House is short. SSA makes the sale contingent on bank approval.
BofA is stating that the Wife (who is not on the deed) must be shown
Read more…This will be misleading. No bank will give $30k to put your home on the market,, if they did
everyone would be calling us, right?
good luck on that one!
something is under their sleeves,
Read more…I'm looking for an experienced short sale specialist in the Newburg/Dundee area of Oregon. This will be a great ss listing with people who really need your help. I am an agent in Portland, Oregon. Please contact me if you consider yourself a short
Read more…Just spoke with a Bank of America negotiator today who's in Delaware. She says many changes are coming, one of them, no more BPOs or appraisals....they are moving into using AVA or AVM (like Zillow). Can you imagine how that will screw things up> n
Read more…Dear fellow short sale specialists,
Has anyone ever seen problems with a broker receiving commissions when they are also the buyer?
Thank you, Paul
Read more…I had submitted an offer on a short sale home and never heard back from the Seller’s Realtor. Once my Realtor finally got an answer from him, he said the Sellers were out of town and accepting all offers during the time they were away and would revie
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