Our seller was offered a trial mod at a whopping $50 less than his original payment. He never signed the mod docs and instead wanted to pursue a short sale. The mod dept won't release until he "defaults" - he just missed his first modified payment.
Read more…Hi,
An older couple needs a strong short sale agent. Auction is in May.
I do not want a referral fee just someone who can "do the job".
Thanks,
David Zagorsky, Broker
Peak Properties
Del Mar, Ca
858-259-8021
Read more…Any recommendations on a price estimator we can include on our web site?
Read more…I was unaware of HSBC policy to only pay 5% commission until I got my approval letter. My listing contract and advertised co-op rate was 6%. Anyone having any luck getting them to pay higher than 5%?
Read more…It used to be that I never had any trouble getting the banks to pony up on HOA liens and past due amounts.
Though, on my two most recent transactions, BoA and Wells Fargo are both saying that they do not pay HOA past due amount - even if they are lie
Read more…We too were forced to use auction.scum by Nationstar bank. After the 72 hour turnaround time for Nationstar to make a decision and get back with us they did not!! It took another two weeks before I could get a straight answer, Auction.scum said "Nat
Read more…Looking for someone with recent experience. Your time line would be most appreciated!
On 4/15/13 NS countered the purchase price, to which buyer agreed to and sent in signed addendum by buyer & seller with new purchase price.
Was told 7-10 business
Read more…Does anyone have a contact to escalate a file with Bayview. I have been working with them on a file since December. Negotiator was fired a month ago. Before he left he submitted the file for MI approval. It was a complete file. 2 weeks ago, I was ass
Read more…Hi all. I am the buyer of a BOA/HUD short sale that was just approved after a VERY painful year of dealing with BOA. We could never have gotten to this point without all of the input of this board's amazing members. We were able to get HUD to re-appr
Read more…Here's my experience on a file with Auction.com.
Default Servicing LLC contacted me after our short sale fell offer fell apart. They offered an option where my client could use Auction.com to help market the property. My client would not face a Defi
Read more…Ok. I have been working with SPS and accepted the counter offer... it is taking 10+ days to image docs that are submitted... then is another doc is required... another 10+ days... we have been waiting 3 weeks for a reply to the counter offer... does
Read more…Long story, so I'll be concise as possible... Started with Bank of America - they serviced the 1st and 2nd mortgages. We got both approved and buyer walked. Round 2... Start working a new offer, Bank of America says I need to work the 2nd independent
Read more…Copies of Liquidation Appraisal Reports
VA does not object to servicers providing copies of liquidation appraisal reports on a VA-guaranteed loan to Veteran-borrowers and third parties authorized by any borrower on the loan. Both Lenders and
Service
I'm new to short sales and I am representing and investor that placed an offer of $1.2M towards a short sale property listed at $1.9M. Why would the seller say no to a deal they do not stand to gain from? Shouldn't the bank make that call?
Read more…I have a short sale with Chase that is a USDA short sale. I don't remember the last time I did a USDA, but was wondering if anyone has gotten an approval letter recently on a USDA file and can tell me if they have any resale restrictions. I'm assumi
Read more…I have a situation with a Wells Fargo processor who asked and I supplied many docs, on 4/26 she said she needed additional docs and had to have them by 4/28 or Wells Fargo would dump our short sale out of the system. My clients were out of town on a
Read more…Hello:
My Short Sale was completed from Chase back in late Dec 2012. I received my final HUD, but nothing from Chase, indicating that they will pursue the deficiency or will cancel the debt and issue a 1099-c.
My question is, who do I contact to se
Read more…Hello,
I am posting this in hope any the superstars can help me close this short sale. There are two loans on the property. The first lien is serviced through OCWEN which I have been in contact with and initiated the short sale.
The issue lies with t
Read more…Remember here recently when Fannie Mae reported the "schedule" for purchasing once you had experienced a short sale on your record? Do you recall that they stated that if there were "extenuating circumstances" one could purchase prior to the 2 year
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