I have a short sale that was approved by Wells Fargo. My client had a collateral loan with Santander. He negotiated that down and paid it off a couple years ago. They never sent the discharge either to the client or to the county for the lien rele
Read more…Hi everyone. I'm buying a short sale and getting a bit frustrated at this point. We've been at this for almost eight months now and I'm worried we'll never close. This is an FHA sale with BofA. Our offer was accepted by the seller 10/13. The seller r
Read more…Have a Heloc Chase that we submitted for short sale. They cannot find any record of it. 2 years ago seller accepted a $0 payoff from the recovery department and sent them a letter of acceptance but never got a reconveyance. title nor short sale depar
Read more…Help! Anyone have an accurate number for the Executive Response Unit at Citi?? I was supposedly escalated to them last week but when I call to follow up the "direct" number I was given for that unit does not work. Customer service has given me 3 othe
Read more…Is it possible for the previous owner on a short sale home to re-purchase the same property now that they are in the financial position to acquire financing?
Read more…Could anyone tell me how long I can expect to close after the ATP has been issued and signed by the homeowner??? I need this to close in the next 10 days, but when I talked to them today, they said they were just submitting for the ATP. Any thought
Read more…Fellow Superstars,
I know back in the initial collapse ('07 & '08) banks often refused paying the full 6% and got away with it, but I have not had the issue as late since legislation was put in place to protect us. Have any of you dealt with this
Read more…File was transferred from CALHFA Collections dept to a negotiator to negotiate the short sale. I have the contact info : ph and email to the negotiator, but they never call back or respond to emails. The worst part is that even the supervisor is not
Read more…Are we able to have our clients sign electronically on standard release forms being submitted to both OCWEN and Chase? Is anyone having your file bounced or not responded to for this reason?
Read more…I just received an approved short sale letter where i have both sides and HSBC sent approval letter with 3% commission only
Read more…Are your clients doing short sales because they think there are no other options available?
Read more…We are the buyer of a short sale serviced by Ocwen. Significa sent the final HUD on Monday morning and we MUST close by Friday because that's when the releases start expiring on the liens. We have verbal approval but can't close without it in writing
Read more…I am contemplating asking my husband to short sale our home (due to relocation) vs. using almost all of our 401k to make up for our home loss. Credit scores are in the 700s currently and must remain good in order to keep his security clearance which
Read more…I am completely at a loss with this one--anyone who can provide guidance, I am beggin' ya!!
Here's a quick synopsis: I represent the buyer on this one, seller's agent is not an experienced short sale agent, so it has been a struggle but on January 9th
We closed on our house last Friday . It was a short sale. My husband lost his job and we were unable to make $1300 monthly payments. We had tried for several years to get a modification and FINALLY the mortgage company agreed to modify our payment
Read more…Client has a 1st with SPS ($240k original balance) and a 2nd with Chase ($60k original balance). The first approved a short sale for $180k which is the BPO valuation. There were 2 BPOs done and the same valuation was given for both. The Chase second
Read more…I have a Greentree SS listing where the negotiator will not reduce price or pay 3% closing costs. Loan is a non-GSE loan and GT says the investor is Citi Financial.
I'd like to speak with some higher up - maybe to the investor group directly in h
Read more…I have a shortsale listing with Nationstar that use to be with Bank of America. I had the buyer for the shortsale as well as the listing, After I presented all of the Shortsale information through equator, (the complete shortsale package), Nationsta
Read more…Good morning Superstars,
We’re hosting a webinar on Wednesday, February 19, 2014 called – “The Results Are In! Sneak Peak to Insider
Marketing Secrets of Successful Real Estate Agents! Here’s How They’re Doing It!” Click here to reserve your spot
befo
got conditional approval letter dated 3/11 good for 30 days as long as we did all that Hubzu crap which we did; on 3/12, foreclosure notice set for 3/28 - Ocwen will NOT stop the foreclosure saying it's too late when our letter clearly states NO fore
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