My boyfriend and I aare in the process of purchasing a short sale. We submitted our offer in February. Our offer was accepted by the seller March 4. On April 20th, we were told the short sale package is on the final negotiator's desk but there was an
Read more…My husband and I have been Realtors and investors for the past 8 years in Ocala and just move to Tampa last year. I have specialized in short sales for most of the last 8 years, and was just approached by an investor to do a short sale with differen
Read more…How do you know which form to use, RMA or 710? I try to be proactive and get the sellers to fill out the forms prior to getting an offer and it never fails, if I have them fill out RMA, lender will ask for 710 and vice versa.
Read more…Good evening Superstars,
Please contact me for more info.
Thanks,
MR
Hi All!
So I'm trying to purchase a home…short sale through PNC bank. The owner accepted the bid on September 7. The bank sent out an appraiser 2 weeks ago. Still haven't heard anything. Any advice on how to move this along would GREATLY appreci
Read more…Good Morning,
BofA is the secondary lien holder, with Green Tree being primary. Green Tree has offered BofA $6000 and BofA has given us verbal approval but each time they say they are sending the final approval it never comes through.
Green Tree h
Read more…If you need upper level contacts at Diamond Credit Union, here you go:
Angela Wertz-Business Development Officer
p. 610-326-5490 x2076, awertz@diamondcu.com
John Faust-Pres./CEO
p. 610-326-5490, sorry I don't have an extension
I am representing the buyer, The seller is short on the second only. We had short sale approval on the second, We needed an extension to close. The second then ordered a full appraisal. It was done 1 week ago, We do not have the extension. B o
Read more…We are the sellers here selling our ex primary residence that is now empty (we take care of it).
After months going back and forth with BoA we finally got the SS approval with closing date. First deadline wasn't met by buyer so an extension was prov
Read more…Hi I am looking for a short sale specialist that can list a property in Ridgecrest California. Anyone interested?
Read more…Anyone have any experience negotiating with Rushmore? Any high contacts that I can reach out to? My clients loan was purchased by them on March 1st and is not budging on doing a short sale. My client is in bankruptcy so we do have that going for us
Read more…I arrived at an widow's house that is in the foreclosure process expecting to sign up a normal short sale. All I could get for now was the listing agreement. She is on the deed, but only her deceased husband in on the mortgage so the bank won't talk
Read more…I Have a client her house is upside down and has hardship and is no longer able to afford fixing her house but she has been paying her payments on time including Nov payment , under what circumstances I would be allowed to do the short sale , Please
Read more…I am new to short sales and I am trying to find out as much as I can. I have a strong knowledge base at my brokerage and have received some documentation to read from them. However, I was wondering if anybody here would have suggested learning mate
Read more…Bank of America just requested my birthdate, the first 5 digits of my ssn, address, and loan interest rate. How close am I to getting an approval letter on my short sale?
Read more…This is the second file I am working on that has 1 mortgage and 2 HELOC's. The first one I didi all 3 were with Wells Fargo. This one has 3 different banks, Chase, Penny Mac and HSBC. Since HSBC is last I assume they will get nothing?
Read more…I have just had a contract declined, as the "buyer's signature was dated prior to the 5 day GSE MLS requirement. The seller(borrower) executed the contract Day 5. Servicer is saying Buyer's signature must be at least 5 days also. The Florida sales C
Read more…1) WHO pays the up to $10,000 in relo fees? fannie mae? the bank? or? This makes a difference
when trying to negotiate a tight deal.
2) Is there a 'minimum net' rule in order to qualify?
2) Is it true Freddie Mac no longer participates in HAFA? That
Im a licensed broker in Illinois and I have facilitated/negotiated at least 250 short sales personally over the last 7 years. During attorney review on one of my short sales recently, the buyers attorney sent a letter to the sellers attorney stating
Read more…
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