Is anyone else getting strange "leads" from too good to be true, high end, cash buyers looking only for short sales? I've received 2 of these within a week, one via email and one by phone (to my voicemail). Does anyone know what this is about? Wha
Read more…I do not have a clue on How to start negotiating with chase. I have the package ready. I just want to make sure I have the latest package and where do I send it.
Read more…Does anyone know of a foreclosure attorney who has been successful in suing a bank over a seller losing his home due to a foreclosure. I have 3 clients who are in need of one. Their home was wrongfully foreclosed on. Please let me know.
Read more…Got word from our negotiator that our file was sent to the investor for approval. What kind of time frame are we looking at? The closing date the negotiator set up is November 26th. Is this feasible? Does the investor come back with the stipulatio
Read more…I have approved 2nd -that expired on 9/29- on 9/24 negotiator said he would extend to 10/29. He hasn't responded to any email, voicemail or Equator Mail. Any suggestions would be helpful. Thanks, Sandy
Read more…I'm at wits end with Carrington. Has ANYONE had any luck. The BPO came in WAY OVERVALUE at $185,000 and that's not even close to what the home is worth. I found out the BPO agent said to Carrington that if SHE were to get the listing she could sel
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Greentree won't i
Any input is appreciated. I am totally confused about the legality of these types of deals. Is there definitive answer?
Read more…I've never done a short sale where the first would be paid off but the 2nd will be a short sale. Do I have to notify the 1st mortgage? Have any of you had that situation and what did you do? Thanks!!!
they are demanding that my client sign a $50,000 promissary note on a primary residence , purchase money loan.
Read more…We were set to close on Friday, but the lender for the buyer said they can' close until Monday instead of Friday. The approval for Greentree is until Friday.
Greentree won't issue exentsion until approval is expired but if we get another approval
Read more…What on earth can I do?. The listing agent and I have gotton everything in place to close on this short sale. However, the buyers lender, Wells Fargo has delayed our closing 3 times now. We have had to go back to both the sellers HOA and the short sa
Read more…Please I need to know if anyone has this problem.I'm getting ready to close on my short sale after 9 months of going back and forth with the negotiator. Now they told me that they are not paying for attorney's fee for the seller. I don't understand t
Read more…Example:
On the Preliminary HUD I was thinking:
Does anyone have an in roads to Freddie Mac? They are the investor on my short sale and I need to bypass Citi Mortgage and get a hold of them.
Thanks
Kathy
Read more…So I posted the question a week or so ago about a Realtor.com scam and got the answer about what was going on. Now my question for you all out there is what law enforcement agency (if any) is investigating this or trying to catch these scum bags? I
Read more…I just got this sent to me and it's very depressing
http://www.dsnews.com/articles/sp-460b-shadow-inventory-will-take-41-months-to-clear-2010-09-29
I have been doing Short Sales for awhile..always changing is this field, but try to keep on top of the best ideas. I had been approaching the List Price based on several criteria;
1. How many payments late if any?
2. How does THAT Lender feel ab
Read more…BOA approved a counter offer of 158K on 09/20/10(paying 5000 closing costs), then on 09/21/10 revised and added 5000( cash contribution 1St lein), and reduced the closing costs to 4750.My Attys para legal cannot make the HUD balance, can anyone help?
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