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Starting in June short sale listing opportunities for a major company. Looking for experienced short sale agents for an AM who is requesting agent contacts in each state except Florida, CA
Read more…I am dealing with a short sale only on the second lien holder. The first will get pay in full, but there is not enough money to pay both. However, the seller was hoping to get relocation assistance.
Please share your experience with Ocwen if you have
Read more…As a real estate agent I would like to prospect for short sales, get the listing, & negotiate the short sale for myself as the Buyer. Input welcome.
Read more…Prepare buyer & seller with time frames, potential delays & favorable options for all. Make certain you submit a "complete package & confirm with lender in writing" Do NOT accept NO as an answer. IF FHA file a ticket for additional support. Same with
Read more…Is it possible to for a USDA short sale to be approved if borrower is facing imminent default or is there a hard set guideline that the account MUST be delinquent?
Read more…It seems like it is getting more and more challenging to get lenders to reconsider value. Is anyone doing anything different or I guess I should be asking what are you doing thats working for re consideration of value?
Read more…Does anyone know who do I contact to get the Forced Place policy to pay out?
The place was burnt out and now its wide open/
I learned the DLJ aka Credit Suisse bought SPS and SPS manages their REO however what about the care of the property??
Who do
Read more…Hello Everyone,
I have a company asking for a fee schedule for BPOs. Is anyone familiar with the minimum amount I should put in for an exterior BPO and interior BPO?
Best Regards
Read more…I saw SPS pay out 100k to a 2nd mtg lien. It was a large 2nd. What's the most you've seen?
Read more…I have a short sale with Bayview and I have an offer in line with their appraisal. They dragged their feet ad then told me they needed a new appraisal (after 90 days.) The new appraisal was 200k higher. I told them it was unreasonably high and had
Read more…1) Make sure you always add 3% recurring & none recurring fee closing cost credit from seller to buyer on your hud. 99% of lenders honor that.
Many years ago when I was working with BofA on one of my first and toughest short sales I was up at 3 am (sitting with a friend at the hospital) and was so frustrated I took to Twitter. Within 15 minutes of tweeting about my frustration with the shor
Read more…I submitted a file to Kondaur Capital on a home in Califonria. they were granted a Motion for Relief and will not review the short sale. I filed a complaint with the DOJ and nothing seems to be helping. the trustee is Wilmington Saving Fund Socie
Read more…Can a FLORIDA Short Sale be closed AFTER a bankruptcy is finalized?
We are trying to close by 15Feb18 and Sellers have
their final meeting with the BK Trustee/Judge 31Jan18
The banks are are saying yes but the Closing
Attorney is saying that the 9 l
Read more…What % extra liens want to release their liens to allow short sale?Versus take greater loss w/seller filing bankruptcy?
2 actual liens on property/Wells Fargo/ PNC Bank.2 other liens later.$90,000(B.of NY.) & Credit Card. $11000.1st (Freddie Mac)wil
Read more…I have had issues with one Appraiser in my area. He always comes in 20k higher than FMV making it impossible to sell my properties and get an offer. To protect my clients, I have made a decision not to let this appraiser into the property to do the
Read more…I have an FHA short sale currently serviced by Chase. Chase will accept our short sale submission however HUD continues to deny it regardless of the price offered (currently our offered price matches a recent appraisal completed by the bank). With
Read more…- SS package submitted in 1/13.
- BPO completed w/o 1/24.
Then 2/7 servicer supposedly asks seller and buyer to modify contract closing date from "60 days after bank approval" to "4/24/17".
Anyone every seen this happen? Why would they want to set a
Read more…I cant get either party to agree. The condo association on this FHA property agreed to $3705.17, which is a difference of $2205.17. The bank has not yet approved the short sale as they are waiting for the approval of the terms from the condo associat
Read more…
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