Anyone had experience working with Charter One Short Sale dept.? I have called and left several messages to try and speak with someone in short sales but no return calls. I can't even get an email address to send.
The first approval letter will
Read more…Just found out today via REGULAR mail in UNMARKED envelope. In fact I almost threw the envelope out! It had a return address from Wisconsin. Very upset. We really thought we qualified! My husband just spoke to someone with the number they told us to
Read more…Read this this morning and I think it's a worthwhile read for all us Short Sale Realtors..I get hit with MI at the very end sometimes..even when I investigate and try to find out if MI is even existant. I fight it as much as I can, but B of A being
Read more…DOES ANYONE KNOW ABOUT WHAT THE STATUE OF LIMITATION IS FOR A BANK TO RECORD A LEAN ON A PROMISSORY NOTE
Read more…I just submitted a new short sale package to AHMSI and after 4 days of faxing and everyone saying they didn't have it, I overnighted a hard copy and sent it to a different fax number.
They finally got it and I was told a negotiator would be assigned
Read more…In case you don't already know about it.... www.jigsaw.com has just about every contact that you would ever need. Need an escalation contact? Find it at jigsaw! You can add contacts to the site and get credit for new contacts or you can pay for i
Read more…I have a client who's doing a short sale. Their second is with Pulaski Bank. The negotiator assigned is in my opinion unreasonable. The borrowers are jobless and in the process of divorcing. The negotiator says he will not sign off on the short s
Read more…Here is a new one for me: 3rd Fed SL of Cleveland. I'm being asked to negotiate a short sale with them. Anybody know anything about these guys? thanks.
Read more…Hello All - Anyone dealt with Bureau of Recovery? They are working a Chase junior lien I have under contract. The senior is Chase....it's already starting to sound Strange! They say they are not handling the file, although Chase told me they were.
Read more…I talk to alot of agents, ALOT of agents on a daily basis about short sales and the common question is "How do you get your short sales done so fast?"
Simple answer...
The first 30 days are the most important in the short sale process. You need to m
Read more…I couldn't find much on this site about RTR but approval on both with no deficiency and RTR wanted $1070 at closing. Homeowner has nothing, so both the buyer and I are splitting 1/2. I'm happy to do it. This was a long one, but I'm finally happy t
Read more…When will this nonsense STOP! How much of those losses are from NOT approving a fair offer on a short sale? They refuse the short sale, spend the money to foreclose, spend money maintaining and repairing the house and then they list it for far les
Read more…Curious to know what most people experience working on a short sale from the time that you recieve an accepted offer on a property. In time, I mean actual seconds, minutes, hours that you touch the file, not how many days it takes to get it approved
Read more…I have just received and approval on a short sale with CCO Mortgage...
Home owner. Home in Ocala Fl bought for $1.5 million. Big deal went south couldnt keep up. Chase $1mill Suntrust $400k HELOC.
Have had 10 deals from $1.21mill to now $800K. I could've paid of Chase completely but they wouldnt return my calls.
Read more…I am attending an event in Mid November and will be meeting with some major lenders short sale department heads and VPs. It is an orchestrated event to discuss with the lenders the pitfalls and issues with their short sale processes and will be a gr
Read more…We have made an offer that was sent to the investor.(2months with negotiator first). My buyer wants to ask for significant repairs now as the condition of the property appears to be worse than first thought. Our expectation is to have an inspection
Read more…I get this questioned asked ALOT!! You submitted your short sale package and get a counter offer, the lender wants your seller to contribute to the loss and you do not know how or why. Afterall, your seller gave you their financials and they have
Read more…I'm having some difficulty in getting Wells Fargo to release a lien on a property purchased almost a month ago. We have a buyer in wait, but he can't purchase and go forward with lending until the title shows the lien is released.
1) If the bank doesn't present an ALA (Arms Length Affidavit) at closing, are the parties liable for any
kind of federal mortgage fraud prosecution if buyer is a distant relative ?
2) Is there a ques. on the Equator appl. as to the relationship b
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