Brief history:
- we are the buyer - an amazing place otherwise would have bailed long ago
-made offer in March 2012.
-submitted to Wells Fargo (old Wachovio loan) for review
-two months go by, sellers declare CH13
-that halts everything until Septemb
Read more…Hello Can someone help with this ?
Seller has a second lien with Schools First balance is $125,000. We have approval from BofA the first on this amd allowing $8500.00 to go to second.
SF denied the short sale and said the mimimun they will accept is
Read more…2 liens - short approx $10-15K - would you approach the first or the second lien holder to request a short sale?
Read more…Ocwen Bank, First they kept saying they needed documents that I had already sent. that went on for a month. Now, They have all the documents. They say they're waiting on approval from the investor. They're in India Who can I call to get help, Thi
Read more…THIS ARTICLE IS FROM NAR
Beginning in the latter part of 2012, a number of REALTORS® across the country reported that Fannie Mae had started jeopardizing short sale transactions by requesting purchase offers at significantly higher prices than marke
my SS was originally BOFA from Countrywide. Have had this since May 2009, sold multiple times. Now have a good cash offer in since June and being handled by SLS...Just found out through BOFA contact that they sold paper to Bank of New York Mellon...S
Read more…Just closed a short sale with NationStar yesterday via Equator. I got the deficiency judgement waived for the seller. I initiated the sale on Oct 15, 2012. We should have closed at the end of Jan but had to wait on the buyer which seems to be commonp
Read more…Does anyone have the new escalation emails for BOA. I've tried all listed in our header but all have bounced back to me, including: jaxhelocshortsales@bankofamerica.com, fs.escalation@bankofamerica.com, escalation@bankofamerica.com, escalation.tool.s
Read more…I am trying to close a short sale with OCWEN as the only lien, seller is approved for HAFA
The lender/negotiator has been asking me for buyer POF for a number of weeks and I have asked him what does he need other than the lender letter which he has h
Read more…Is there anyone out there with experience, tips, contacts or just helpful advice? I've got a 2nd Mortgage, Citi Financial Charge Off / Post BK. I cannot get ANYONE to talk to me or return my calls. I was told 2 weeks ago, the dept. was getting shu
Read more…Has anyone had Bank of America approve the short sale and accept a back up buyer right after the first buyer backed out? They call it a "soft decline" and it's been two months since the new contract was accepted with the buyer paying more money for
Read more…I have the negotiator from H---! Typical story...unresponsive negotiator. I have had all my paperwork in & the numbers match what B of A stated they wanted out of the BPO. However my file has been sitting on the negotiator's desk w/no response at all
Read more…So according to my negotiator at Service Link, BofA has a brand new guideline: All short sale buyers must provide proof of funds for Earnest Money & Down Payment at the time we submit the offer. (in Oregon EM is not deposited until we have ss approva
Read more…We purchased a short sale property last year (october). We just had some water damage due to freezing water and after I requested a clue report I discovered that the previous owner has filed the same claim with his home insurance back in 2008. Is the
Read more…Hi,
My daughter is going through a short sale serviced by Seterus. The short sale was approved on 1/7/2013 and she was given until 1/30/2013 to close. Her lender said it would take at least 45 days to close so she objected to the 1/30/2013 date but s
Read more…Hello:
I completed a SS on a rental property I had with chase a few months ago. They are finishing up the necessary stuff on their end and I am not responsible for the deficiency amount. I am also in the process of shorting my primary residence.
My q
Read more…One of my Citi mortgages that was negotiated (ugh), was subsequently transferred to this company called Mariner Companies.
Has ANYONE worked with them and what is the story with them. They have no website so I cannot find any contact info.
Linke
Read more…I have a file we've been working with Nationstar with for a couple weeks on Equator. All tasks are complete and the file is being reviewed, however we have a foreclosure date that is 4 business days away. Customer service number tells me they will no
Read more…4.5 months ago my husband and I submitted an offer on a home listed as a short sale property. It was quickly accepted by the seller (on Oct 6th, 2012). About a week later on Oct 12th we got an email from the sellers agent and attorney that "the offe
Read more…
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