I have not been able to find anything about the status of this bill which was said to have been stalled in committee prior to the holiday break. Does anyone have a current status update?
Read more…After working this listing for 2 years and having 5 contracts #5 finally decided to hang in.
Chase held the 1st and 2nd (HELOC) but recently transferred servicing on the 1st while we are awaiting a decision on an offer for 2 months, the appraisal ha
Read more…I am still in the initial stages of vetting the seller and getting my ducks in a row... but I just found out that the Seller declared BK and has about 3 more weeks before her 341 meeting.
Other than not being able to talk about work-out options with
Read more…Hello Short Sale Superstars -
Did you know you are more likely to receive a referral from another Superstar if you have a photo in your profile? Add one to give yourself more "personality". Also, remember to fill out the information about you and yo
Read more…Auction.com, formerly known as REDC (or so I am told by a title expert I work with) does not appear to be doing business ethically. As a listing agent, we are not supposed to pass the cost of business onto a buyer. So how is Auction.com forcing sel
Read more…We have the first approved by Bank Of America (HAVA). The second is withState Farm with a balance of $146,204.00. State Farm states they must have 25% of balance. The seller state they would come up with the that minus the $8500.00 Bank Of America i
Read more…I have a SS in with NationStar - the property is in very poor condition and legally land locked. They had a BPO done in September where the Realtor gave value with repairs of 430K and without at 389K. I have an offer of 83,500 after 8 months of mar
Read more…Help!!!
I have been dealing with a property that needs extensive work in an area of newer homes, the property has been on the market for almost two years and the best offer I received is 145K cash. It appraised for 100K a month ago and fannie mae wa
Read more…Recently I have been working on several FHA short sales with different lenders (BofA, Wells Fargo, Chase and Citi). After a lengthy review of the short sale paperwork they are demanding that the house be listed but not providing an Approval to Parti
Read more…After nearly 8 long months we finally recieved a shortsale approval, unfortunately they gave us 2 weeks to close. We had to start the loan application from scratch and get another appraisal given that the first one had expired. Unfortunately after 2
Read more…Does anyone know the name of an Asset Manager at Green tree? I am looking for someone who handles stick built homes as opposed to mobile homes. I appreciate any contact info. Thanks.
Read more…HAFA to 2nd lien - looking for guideline - thought it was 10% up to $8500. BofA 2nd is insisting on full $8500 when payoff is approx $30K and we have $3K approved. Closing supposed to be today. Service release on Friday. Please help!!! Need a link t
Read more…Hello Guys and Gals!
I have a Fannie Mae investor short sale that they countered back 15% over offer/value. Of course I escalated the file right to FM. I have requested a copy (on behalf of the borrower/seller's - signed and dated by borrower) of the
Read more…What's the word on mortgage debt relief in 2014? Was it extended? If not, is it expected to be addressed again soon? If it no longer exists, what tangible benefit(s) exist for the homeowner aside from avoiding foreclosure?
Read more…Property location: Massachusetts
Cliffs:
The note was held by BAC
Under the BOA entity, It was transferred to Nationstar
The closing attorney has an issue with this!!
Long:
1/10/203 loan was transferred from BOA to Nationstar.
We recently received
Read more…Wells Fargo denied short sale because it didn't meet investor guidelines? Any experience with this type of denial? Also the borrower owns the property as an investment property and has not been late? But the property is no longer worth the value. Bor
Read more…I need some assistance with a Foreclosure Sale Date Postponement on a loan with Quicken. Working on the file with the negotiator who says it's approved and I should have approval letter today, however wants me to close it by 11/7/13, next Thursday =
Read more…I am hoping someone here can offer some guidance. I need to contact Fannie Mae about this as soon as they open today so if anyone has a contact other than the standard number PLEASE message it to me.
Closing was complete on January 7th. Wire sent to
Read more…Maybe I was napping, but are the larger lenders (Bank of America, Wells Fargo etc) now willing to look at more than one offer, signed by both buyer and seller, at the same time? Last I knew that was not
accepted practice, but I have brought a buyer
Read more…
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