Hi All,
I am just starting to work on a new shortsale with PNC as the 1st and E-Trade as the Heloc. Has anyone had any experience working on a similar transaction? I haven't worked with PNC in awhile and never had this combo before. Any insight i
Read more…On July 17th I submitted a short sale package (NFCU is 2nd mortgage). On 7/23 I was advised loan was "charged off" and that the only person who I could talk to about this was our specialist. I have left her 4 voice mail messages with no response. Whe
Read more…Does anyone have a contact for the recovery department at Chase?
Read more…I've negotiated tons of short sales, however none have been in "active bk". I am reaching out to anyone who has completed a chase short sale in active bankruptcy. Thanks in advance for your help.
Read more…I have a client that just got her bankruptcy discharged and just requested to do a short sale. I am wondering how I start a short sale? I read that I need authorization from the courts to do so but how do you go about requesting that clearance? What
Read more…I have a Short Sale in progress, buyer and seller are under contract. Started out with BOA now with Nationstar. Nationstar is telling me I have to now allow Auction.com into the transaction to find a buyer?? I already have a buyer under contract and
Read more…I called Chase BK dept and was told all I needed was a permission to speak letter from client's attorney so I can move forward with short sale approval, once I have approval from ss bank I can sent to trustee for approval. Is this the correct proces
Read more…I have been working on this shortsale for 3+ years and 4 different buyers. The first is with BOA which I thought was the worst but the 2nd which is a heloc is with Suntrust and now I can't decide which is the worst.
The buyers are divorced and the
Read more…I wonder if anyone has had this kind of dealing with BOA?? I was a buyer on a BOA short sale property. Made the offer and it was accepted by BOA. All the contracts were signed and sent in and we put down our earnest money etc. Jumped through all
Read more…We have had an offer in on a short sale for the past 2 months. The listing agent told us we are waiting for approval from the investors. We have been getting frustrated so we told the listing agent we are thinking about walking. She said she understa
Read more…I was contacted today by a lady referred to me by one of my current short sale clients. This lady explained her father passed away and the estate sold his home. The woman who bought the home is now 6 weeks from a foreclosure sale and she contacted th
Read more…Does anyone have any way around this? I have never been told flat out, "NO, we will not open your Short Sale". We have a complete package, ready to go.
Any contacts or way around this would be highly appreciated!!!
Thanks!!!
Read more…Below is copied/pasted note from negotiator. We received an approval letter today, for closing Monday, August 5th. We asked for an extension and got the following response. Does anyone know if this is a valid statement, and any ideas where I'd find i
Read more…Please contact me if you can assist me in listing a short sale in Portsmouth, VA. Please provide credentials. I will go into further detail upon receipt of your message.
Read more…Hello Superstars - have you had any success with negotiating HOA payoff when it is handled by Business Law Group PA out of Tampa. My short sale listing is approved by both lenders and if we were to pay only delinquent fee the file can close. Attorney
Read more…In almost 10 years of short sales, this is my first opportunity doing one with Ocwen. WF and BoA seem to service 95% of the loans in my area.
From what I am reading and from what the Ocwen rep told me, under no circumstances with they review a file
Read more…I find it very hard to believe the range in appraisals on a single home. Just recently a home listed at 875,000.00 was appraised for 735,000.00 the buyers walked after that. Then the next buyers put in an offer that the client excepted at 850,000.00,
Read more…quicken loans will only approve $ 2500 for second payoff and NYCB will not accept anything less than 10% of the balance ( $ 6175) .
Buyer agreed to pay the difference but Quicken Loans will not allow it on the HUD,
Is such of FHA guidelines as not p
Read more…I read tons of stuff about how the listing agent should go and talk to the agent doing the BPO, prepare a CMA for them, etc. But today when I got there, and tried to give the agent my CMA, she said absolutely not, they aren't allowed to talk to us or
Read more…Thanks so much for the referral
Read more…
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