muliple offers seller receives same time
my realtor insists it is legally ok to accept multiple offers at the same time as a seller on short sale what should i do?
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Short Sale Discussions (4366)
How to find a list of Owners who are in Distress ?
Please let me know where I can puchase a quality list of homeowners in Distress that may benefit from a Short Sale.
Read more…Help -why should buyer sign this counter??
In representing the buyer, a counter offer has just been received. Contained in the counter offer and the most important issue: "the seller reserves the right to cancel the contract if the priminary and/or secondary lenders requires the seller to
Read more…Has anyone ever dealt with Dovenmuehle Mortgage, Inc.
I have a listing where the 1st Lien (MGC Mortgage) just sold the lien to Dovenmuehle Mortgage.
Has anyone ever dealt with this company? I've heard of them before, but this will be my first S/S with them.
If anyone can provide me any contacts, pho
Read more…short sale deficient
will someone answer this... when do you find out if Fannie Mae will come after you for the deficient in a short sale ...I live in SC...
Read more…HELP.... Home went to foreclosure 2 weeks ago and I just received an offer on Short Sale.
I have a property listed as a short sale that has been on the market for quite a while. We finally received an offer this weekend, and when I called BOA to initiate the S/S I told a foreclosure sale date occured on 03/23/10.
I was told to contact t
Read more…Dyck O’Neal, Inc
I'm working on a Short sale with Dyck O’Neal, Inc as the second mortgage. The home is ready to foreclose 4/30/10. I may be able to settle the first mortgage but Dyck O’Neal, Inc. is asking for $15K or no close. They will never receive a dime if it fo
Read more…Are we almost there yet?
I am a buyer waiting on a short sale and I am wondering what the estimated timeline would be after our agent enters the down payment % and potential closing date in Equator? Here is my timeline. * 2/5/2010-Offer submitted in Equator * 3/10/10- A BP
Read more…How to check if the Home is in Foreclosure although we are in the process of a Short Sale
Hello:
Just a question, I have a buyer and he decided to do a short sale on his property. It was with another realtor but they didn't complete the SHORT SALE process, so I want to check if the property is in Foreclosure now since it's been in defau
Read more…Equator.com
I'm the listing agent on a BOA short sale. I just uploaded the information to the equator site. The only thing that equator has requested is the Letter of Authorizatioh to Release Information, which I also uploaded. I am trying to short a conventi
Read more…BOA - Won't pay/allow back Condo Fees???
I have a condo that accrued $10,000 in back condo fees. We have negotiated with the Condo Association to pay half but I can't get Bank of America to include it in the price. Any Suggestions? The buyer needs it in the purchase price so he can get i
Read more…Midland Funding LLC
I am looking for contract info for Midland Funding, they are located at 8875 Aero Dr, San Diego. Does anyone have past dealings with them.
Read more…BoA countered on our offer..any info on counteroffers
We are the buyer and we offered 1k more than list. BoA came back 22k more so we countered back at only 11K more than list. It's been 15 business days and still nothing. Anyone have a experience w/ counters to BoA. I'm wondering the length of time to
Read more…Equator.com: How do I submit a new offer on an approved short sale?
Please help! I am loving the new Equator.com system set up through BofA, it has been much more efficient than our waiting for approval for a year. I have finally gotten the approval from the negotiator and found out today the buyer can't move forward
Read more…Listing agent buys own Short sale Listing
Has anyone bought their own short sale listing or heard of anyone doing this? Do the banks have a problem with this because they may think its NOT an arms length transaction or look suspicious etc.? Please let me know if you know of this happening
Read more…VA repairs needed
I have a buyer that wants to purchase a home that is short sale, Bank of
America is the lender.. Roof needs to be replaced for either conventional or VA Loan. They are wanting to go VA with the Bank replacing the roof and paying part of their closing
Short Sale in Equator
Hopefully some one could help me, I got an approval from BofA on our short sale on equator on march 15,2010 we open escrow, on march 18,2010 i got a call from bofa the property was going to be foreclouse, we have to close escrow on 04/12/2010 we have
Read more…Real Time Resolution
Has anyone had successful dealings negotiation with Real Time Resolutions?
Read more…REO or BPO
Good afternoon everyone,
Does anybody know how to get BPO or maybe if I am very lucky get REO listing. I have e-mailed several companies, but No luck yet. Does anyone in this group has a list of asset manager? I need help. Thank you Sima
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