First time using equator. We are representing the Seller in this transaction & we are currently in the "Document Collection" process. On the "Submit new offer" page, part of the required information is the buyer's first 5 digits of their social se
Read more…I have a listing referral for someone actively working Short Sales in the area.
Read more…I am about to list a short sale and not only did the seller's pipe burst, but her hvac went up. In a nutshell, she has about $10,000 in repairs.
She wants to know if she should get a loan for the repairs (b/c of course she doesn't have the money)
Read more…I have just been assigned the negotiator after 30 day submission of file to Chase. They hold 1st and 2nd lien. 2nd is a Heloc of $150k. Will they give seller "Full release of liability" from Heloc vs foreclosure ? I am going to press for this or tel
Read more…Has anyone been successful in Commercial Short Sales in San Diego? I have heard theories on how you would do one, but nobody who has actually succeeded. Please contact me at janiebooth@cox.net if you know of a successful commercial short sale agent i
Read more…Hello,
I am a buyer of a short sale in Chesapeake, VA. On January 18th I gave a full price offer on the home, which has 2 liens, both with USAA but with GMAC as the servicer on the second. The listing agent has direct numbers to contacts at the b
Read more…I am looking for ideas!
I have a very strong cash offer on a short sale with approval from Chase (first lien holder) granting Saxon $1400 less than Saxon requires for their approval. Chase will not allow Saxon to receive this in any form (buyer, s
Read more…My client whom I've shorted on another property in California is active Military and has investment property in Florida. He needs an agent in Florida to assist him so I'd like to find him someone knowledgeable and professional.
Here is his email t
Read more…Hello everyones,
I have a HAFA short sale file with Bofa. When I called short sale customer care, Rep told me that seller HAFA Short sale is denied due to the Auction date.
He has offer on the property. Awaiting for Evaluation. The auction dat
Read more…Hello All,
For the last year or so, I've been presenting to realtor associations, brokerages, pools of independent agents, etc. on the 5 most frequently asked questions by short sellers. The goal of the presentation and the content we've repurposed
Read more…Is it legal to list a short sale, and mark it pending a few hours later? Do the banks look at how long the property was marketed for?
Read more…I heard different opinions on this. What are your thoughts?
Read more…Anyone dealing with them, I have them on 2nd lender ,and they are trying to cut the commission to 4% from 1st lender approved 6% ,and buyers closing , It doesn't affect there net at all ,but they won't approve unless we cut
Read more…Anyone have a high level contact at Wachovia?
Someone who can see the big picture and understands the lending timelines and HVCC rules?
As of today I FINALLY have approval letters from the 1st (Wachovia) and the 2nd (WAMU/Tate and Kirlin) with
Read more…I have a question for all. We have been negotiating a short sale with Sun trust for over 10 months. We had previous approval at 1.125M, house originaly sold for 2.2M, Market fell so hard we went back to renegotiate and new BPO & appraisal both coming
Read more…Hi. My name is Bibi. I am trying to find out who I can contact to help me with my situation. I have been in the process of purchasing a home. I never knew this would turn into a nightmare. My husband passed away in June, so its been very hard to
Read more…BOA now admittedly made a mistake in a counter offer to my client. Their previous counter was for our offer price which is $30k away from their original counter. This information is permanent record now in Equator. They have since said that it was an
Read more…We have requested cooperation from First Mutual Bank under HAFA guidelines concerning their UC3 filing which is in 3rd position. They have responded that First Mutual holds a perfected security interest in its collateral (windows). Should the home
Read more…Hello Short Sale Super Stars!
I am a buyer of a short sale, and boy does it take patience! Here is a quick run down: Made an offer early October 2010. The loan was sold from Suntrust to Nationstar after our offer was in, and then Nationstar transfered
We are set to close on our home in CA in 4 days. I drive by my new home to find a large 'BAC Field Services' property management sign taped to the garage door. I contacted my agent (dual representing) and she said that this will continue until BAC
Read more…
**********************************
like buttons
************************