PennyMac short sale
Have you had success with a PennyMac short sale? What was thier turn around time?
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Short Sale Discussions (4366)
Going to attorney tomorrow and want advice about what to ask about az short sale and foreclosure information
Hello,
I am having a meeting with an attorney tomorrow afternoon in arizona about our short sale and possible foreclosure and was starting a list of questions for him to discuss. Was asking anyone out there if they have any good questions that maybe
Read more…WHAT IS UP WITH SUNTRUST SHORT-SALE APPROVAL LETTERS????
I had a question if anyone out there in the short sale world feels inclined to help. I am a home owner in the process of negotiating a short sale with Chase (1st) and Suntrust (2nd). Chase and Suntrust both sent me "approval letters" that had provi
Read more…short sale
Hello everybody ,I was about to get a short sale approval with Bank of America .The problem is the first is only offering $3,000.00 for the second.But the second wants $6,000.00. by the way both loans are with Bank of America So I told both of them
Read more…Has Anyone closed a VA Compromise sale where the net is less than the 88%?? Wells Fargo VA Short Sale
I'm posting this ? as Sylivia brought in up and I am curious to the answer as well.
Q: is the required 88% net of the VA appraisal set in stone or has anyone ever closed a VA Compromise sale where the net is less than the 88%? If so, at ho
Read more…US BANK-HELP
I have a US Bank 1st and 2nd. The 1st has been fine to deal with. The 2nd initially told me to figure in 5k when i received an offer for them. When i submitted the offer to the 2nd, they are now telling me now that they will not review my offer
Read more…Bad BPO
So we got a bad BPO.. Contract was for $40k. That is a high value for the property. BPO came in at $70k or at least thats what the lender says.. That arent budging on the price.. When I check the MLS, there are NO comps to support that value or even
Read more…Central Mortgage Company
Does anyone have a better way to reach Central Morgage Company? I have ph no 800-366-2132 ext 5481 and cannot seem to get anyone. After a short time on hold, I'm transferred to a general delivery v/m and of course, no one calls me back. I've tried
Read more…Freddie Mac & Deficiency Judgements
Does anyone have any episodes they can share regarding Freddie Mac actually forgiving a deficiency? I have a ss with just one mortgage that Wells services and HAFA has been declined to my client.
Read more…CIG - Investor - Any Dealings
Hello - Anyone dealt with CIG as secondary market investor? What was your experience, how did you contact them, etc? I am contacting investor on BOFA short sale loan. They have not responded to BOFA.
Read more…Deficiency Release Letter
Would anyone be so gracious as to share their deficiency release request letter that they use with the lenders? I would be ever so appreciative..
Read more…Suntrust requiring undisclosed fee BEFORE closing (scheduled Friday 1/14)-PLEASE HELP
Hello everyone - I discovered this site over the past couple weeks and have read a lot of good information. I am hoping someone can help me out with my current short sale situation
Here's the somewhat short version of the process to this point:
I
Read more…Short Sale for the Buyer???
As a service to our mortgage applicants (the Buyers), we are considering offering to assist them and the seller if they decide to purchase a Short Sale property. Naturally, the service would be voluntary, and only if the Seller is agreeable. There
Read more…Coldwell Banker Mortgage Service Center???
Ever done a short sale with Coldwell Banker Mortgage Service Center? I have a mailing address and a website that's underconstruction... Anyone have a phone number for loss mit? And a fax number?
Any help would be fantastic!
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So close to closing and the HOA Cert shows only 39% Owner Occupied
Help! The property management company uses a very poor system to evaluate owner occupancy to put on condo certifications. They go by the address the HOA bill goes to. I know this is common practice, but it is killing a short sale that is so close
Read more…Loan Modification Seminar Invite Received - "Can I Believe the Hype?"
I received a hand delivered flyer today at my home from a company offering invite to a FREE LOAN MODIFICATION seminar.
Among other claims - the flyer states:
- 56% of homeowners in my city are qualified for a loan modification.
- Lenders are forced to
BofA/Equator 3rd Party Auth Review, Sale Date! Help!
Hi Short Sale Agents,
I'm feeling stuck with Equator. Their is a sale date for Monday February 14th (Happy Valentines Day, not!)
I have an offer and I've uploaded the 3rd Party Authorization. They have 48 hours to review, and that could be too late
Read more…Short Sale Lender Asking for $3000 Buyer Contribution
Help Needed:
My fiancée and I put an offer in on a (FHA approved) short sale property in Southern California very recently and received a quick response from the listing agent and then a very quick response from the bank. Here's part of the email o
Read more…How do you negotiate with an unreasonable HOA/Property Manager or Attorney
Last week I lost a short sale because the buyer became so disenchanted with the hard line the HOA and their attorney's were taking, he refuses to live in the development! This attorney actually sent me an ESTOPPEL letter reducing the agent's commissi
Read more…Digital Credit Union
Has anyone had experience with Digital Credit Union? I have a client that tried unsuccessfully to modify his loan with them, and is now looking at a Short Sale. Can't find any history on them. This is a credit union who represented employees of the
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