It looks like the seller rented his home out after the short sale had already been started. The rent is about 300-400 to low a month. Does the new buyer have to honor this lease?
Read more…It's been very quiet, in regards the expiring Mortgage Debt Relief Act....
I saw this post and failed to get the name of the person who posted it. I do apologize...I felt it was important to share
Shouldn't we being doing something to get this exte
Read more…Help! Situation is we have an fHA short sale with BoA. The foreclosure process has progressed concurrent with the PFS processing. ATP was issued. Cant get the offer approved because they think a judgment needs to be cleared. The referenced judbm
Read more…Chase won't approve a short sale that Im working on in Maryland because the MI Company Raidian said the mortgage has to be 60 days late. What can I do. They declined it at the last minute. What can I do? Who Can I call. I called radian with the homeo
Read more…Let me clarify... Sellers are current and going through divorce. wife moved out a year ago and lives out of state. Husband is self employed and makes good money. Freddie Mac declined short sales stating they have the financial ability to maintain the
Read more…Hi superstars, I have a disabled client who was approved through Wells for HAFA, however, due to his poor health condition and complete lack of income right now, the money he is getting is not enough to get him out of his house and into an apartment.
Read more…Despite the increasingly difficult battle to get short sales approved, we are looking to improve our success rate. Our question is...
Do QWR's work? Can they help us with our short sales? Let's face it, most of our clients have no idea of the terms o
Read more…With the new HUD PFS guidelines, seller gets $3,000. I just received an approval with only $1,000. The process started long before 10/1, ATP issued after 10/1 and sales approval just approved. Negotiator won't answer my 3 questions since the ATP w
Read more…Citi won't include a third seller's name on approval letter. They said the letter is as is. They said template only allows two names on approval letter. Is this common with three sellers? They can't issue an approval letter without qualifying all 3 s
Read more…Have a FHA BOA short sale listing that right as we were getting an approval the another department within BOA filed a claim with FHA and now it is is with AMS Servicing which means it is now conventional terms. They have been a complete pain. Have be
Read more…If you have had a deal blow up don't despair we can help? We can take over the current short sale, replace the contract lost with a new contract and make your deal whole again. email a overview of your deal and forward to the shortsalesavior@ibuyhous
Read more…Could January 1st, 2014 really be the end of it? Anyone have any insight? I looked on the status of the bill and it says only a 1% chance of getting passed. This is unsettling. Thoughts/comments/ect.
Read more…Does anyone have a current copy of the Chase short sale affidavit? I want to share it with a prospective buyer on a Chase short sale and make sure all parties are ok with it before I get too deep in the offer process. It's the affidavit for Chase's
Read more…I've got a few FHA short sales in the works with BoA and everytime they send me an Equator task or even a simple message, they call me to follow up. And with personality to boot!
I have had more conversations with my negotiators this past week than I
Read more…Does anyone know an upper level mgmt contact in ss dept Carrington? I cannot get a straight answer or speak with the ss dept. the 866-274-5860 is saying offices closed since the holidays.
Read more…I have a short sale with Cenlar where the investor is Freddie Mac...We submitted the file on 11/12 and we still don't have the BPO ordered and the supervisor Neil bender is saying it's an issue with Freddie but when we called Freddie they said there
Read more…I need clarification on PFS rule changes: condo, Dad purchased in 2005 with his daughter, she was transferred out-of-state and they couldn't sell so they obtained a land-contract buyer. He has been paying 6 years but just lost his job. They are not
Read more…I will truly appreciate any help that I can receive from people that have found effectiveness on farming letters that target homeowners in default. I have been sending some letters but I haven't get a return on it and I believe that my content it's n
Read more…PENNYMAC ORDERED A BPO. THE BPO AGENT SUBMITTED A PRICE WHICH PENNYMAC MADE HIM CHANGE TO A HIGHER PRICE. IS THIS ALLOWED OR EVEN LEGAL TO DO? WHAT CAN I DO TO DISPUTE THE PRICE WHEN PENNYMAC DOESN'T WANT TO BUDGE?
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