I have the Mother of all short sales - going on 2 1/2 years with BofA.....we are ready for docs, and Freddie apparently won't extend the foreclosure past Friday. I need a contact over at Freddie. Please help!!!
Hello All,
I have a call scheduled this evening with a Bank of America short sale representative to discuss the groundbreaking, deficiency waiving approval letter we recently received.
Please comment with questions you would like to have answered. I w
WOW!!
Received Approval on United Guarantee 2nd in 2 weeks! Thank you UG!
This is again another fast Short Sale approval on a 2nd loan where we are still waiting for the Bank of America Short Sale Approval letter on the 1st thru Equator.
H
Read more…I have a potential seller who wants to short sale his house in orlando, FL he has two different first time buyer programs when he purchased his home in 2008; one is $10k and the 2nd one is 20k; if he short sale does he have to pay both at closing or
Read more…Hello I was about to close escrow but now we have to re start the whole process does anybody know how long this process is going to take?
Read more…How do we determine whether the Short Sale is a HAFA, or traditional S/Sale? Is the seller/borrower notified by the lender? Or, do are we notified if and when we submit S/S Package?
I have had training on HAFA, but did not learn exactly who makes t
Read more…I have a short sale package that was submitted to Guild Mortgage since April. Initially my interaction was very positive with Guild. I got confirmation that the ss sale package was complete and that it would take approximately 2 to 3 months before
Read more…I'm beging the SS with Aurora Loan Service. My mortgage is 615,00.00. The comparable listings from my realator are 425,000. If approved how low will the go in price
Read more…Has anyone become SS Certified with Equator (Platinum, Gold, or Sivler) and if so have you seen any true benefit?
Read more…I had friends who had a first with one bank and a second with B of A. B of A had agreed to the short sale and did not, at that time, request pay back. The owners received a letter regarding this deal.
The short sale went through almost a year lat
Read more…Its my understanding BofA does not pay for 3rd party negotiator fees. Does anyone have any experience on how to include this on the HUD to get it approved?
Read more…Hi, Is anyone using a really good SS software program? Looking for a program that tracks the sale with file information, document copies, reminders, contact database etc. Appreciate your input!
Read more…Is the FDIC deal with One West Bank resulting in OWB asking for ridiculous things like $75,000 cash contributions or promissory notes? I am now seeing OWB related discussion boards flooding the internet with this magic number $75k... Which I see as a
Read more…Please post your comments on experiences you are having with servicers? I am trying to keep track for my partners which servicers/investors properties we should be focusing. BAC is supposedly getting better but we are not seeing that on old files tha
Read more…I have an e-trade short sale coming up. My sellers have both their 1st and 2nd with e-trade, including e-trade as the investor. Please share any experiences you may have had, including escalation numbers. Thanks!
Read more…A prospective client has a first loan with LBPS and the 2nd with Ditech. Has anyone worked with Ditech?
Elise
Read more…Has anyone worked or closed a short sale with Primary Financial Services, LLC based in Phoenix AZ? They are the collection company Wells Fargo Home Equity sells off to. I'm working a file where Wells is the 1st and PFS is the 2nd. Wells has agreed to
Read more…Hello Gang,
The American Land Title Association has asked me to present to title agents from around the country at their Annual Convention in October. The topic will be title agency growth through successful short sale orchestration. Using our comp
Read more…I am a buyer's agent with a short sale going through Equator. The listing agent has a transaction coordinator who is handling the short sale and wasn't familiar with Equator. Since I had used it for REO properties I told her it was difficult to use
Read more…
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