Is it true that CITI requires a home be marketed for 90 days at a price sufficient to satisfy the whole mortgage amount prior to even looking at a short sale package?
Thanks
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Just received call from someone who wants to know about short sales for CAL VET. He's tried three agents, no one has any experience with this short sale.
Is it any different from what we're doing?
Can someone enlighten me on where to go, or where
Read more…Hi: This is my timeline: 04/03/2010 – Looked at home like it but decided to keep looking at other homes 04/09/2010 – Signed Contract, submitted to sellers agent 04/10/2010 – Sellers accepted & signed contract 04/12/2010 – Sellers agent submitted cont
Read more…Hi Everyone,
Has anyone done a short sale with Homestore Mtg Inc..if so how long befroe you were assigned
a negotiatior? Do you remember what the percentage difference the amount the seller owed to the selling price?
Thanks for your help,
Raquel
Read more…Has anybody had any kind of level of success contacting Freddie Mac directly? And if so please share the episode.
Read more…Hi All,
I'm new here and excited to get with a group like you! Hope to get some help and help where I can! Got a question for you. Just talked with a ss negotiator for Chase. He wants my client to sign a note for $20,000 which my clients are wi
Read more…Do you have questions about how a short sale will effect your credit?
Read more…any one got a fax number for authorization or short sale submission. cant find it on lane
Read more…I checked the bank info and didn't see Nationwide mortgage listed. Has anyone had any transactions with them and were they successful?
Read more…I have had some bad experiences with some Collection Agencies. Bullying techniques, complete lies and lack of integrity. Does anyone know where we can report these collections agencies to and what article of the fair debt collections practices act th
Read more…Ok, here's the 411 for all of you who had been following our ss situation with Suntrust. We closed on 03/18/2010 and we had to sign a promissory note for $5,000 for the title insurance company. Suntrust took over 6 weeks to finalize the ss paperwor
Read more…Long story short, we been dealing with a short sale since January 25th and were good to close by May 28th until we stumbled across a roadblock. Our appraisal came back 50K less than the purchase price (553K- at the time our offer was considered high)
Read more…I am in need of a higher level management contact for Fifth Third Bank. If anyone can share that information, please share. Thanks!
Read more…Hey all, finally got the Buyer on this deal to increase their purchase price to meet the minimum net requirement to the lender, however they are now asking the Seller to sign a $60k promissory note on top of this. Here is the exact wording: "MI is r
Read more…Has anyone had any experience with Midland Mortgage? I thought I saw a group for this lender, but now I don't see one.
Read more…I have a short sale that a buyer from out of the area wants to purchase. For various reasons, she is not able to move to this area until next year. She suggested that until she moves to this area, she is willing to rent the property to the current o
Read more…I am ordering new business cards and quite sure what everyone else is putting.
SFR after name or written out?
I want to do it right the first time around-
Thanks!
Who pays for the fire insurance when a property is being marketed as a short sale. The seller does not want to pay for it since he will not benefit in any way if there is a loss. Any proceeds would only be paid to the mortgagee in all probability.
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Hi
I am trying to buy a short sale where BOA holds both the 1st and 2nd mortgage. When we made the offer, the seller's attorney touted how she had dealt with BOA and was going to get it through Equator quickly.
We signed our P&S on April 30th. We
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