Hello Superstars,
I have an unemployed client with and FHA loan. She is going through the loan modification process to satisfy part of the cascade, so she can request a short sale.
Bank of America is requiring proof that she is paying on her lien
Read more…Hi - I'm wondering if anyone has recommendations for a type of website platform that is good for generating prospects from the internet? We've looked at several types of platforms like shortsalemarketingsytem, epropertysites, marketleader, realivent,
Read more…Hello Everyone,
My client's 2nd mortgage for approximately 100,000 was transferred to Franklin Credit in October of 2012.
I've submitted two requests for lesser payoffs of first, 4,000 and then 8,000, both of which were denied within a month of ea
Read more…I have client with an FHA loan which I am doing a short sale through B of A.
We have accepted contract with buyer and seller. I sent into B of A and they confirmed receipt on Jan 29th. It's Feb 21st now and I am trying to reach the SS Negotiator to
Read more…Two questions?
1) Concerning divorce, does one qualify for a hardship at the time the divorce is filed or after the judgement has been made?
2) Does anyone know if wells fargo has a no doccumentation short sale process. I have a client that makes
Read more…Can seller sign acceptance on more than one offer? Bank tells me to have seller sign all offers before submitting to them for review. I'm not sure that's a good idea for my seller.
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Hello, I am the buyer of a Nationstar short sale (one loan). We are on day 94 and have been very patient. We offered full list price, with no sellers concessions. About a month ago, we requested to receive updates on a bi-weekly notice. 4 1/2 weeks a
Read more…Does anyone have any information to share as to the time frame to re-purchase after a short sale?
Thank you for the info!
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I have been doing short sales for more than 8 years now for agents all over the country and EVERY time a Servicer has known the Buyer is an agent and is expecting a commission, the commission gets denied...always has in the past.
I have a "situati
Read more…I've looked at other questions, but didn't see any with this unique setup:
I have home listed as a short sale. I am not related to seller.
Buyer agent is related to the buyer(buyer is his mother). We get all the way up to approval of short sale,
Read more…Hi I have an out of state investor that might get HAFA approval. I really don’t know the benefits of a non-owner occupied seller going HAFA. Please help.
Read more…We have a foreclosure date of 2/19/13. We just discovered that the home is being service released on 2/15/13. We are TRYING to figure out who it is going to, but in the meantime, we are trying to figure out if we are wasting our time with the Equat
Read more…My coach strongly recommended getting Equator Platinum Certification, which is $499. If I get one deal from this certification, it is worth paying money. I searched the discussion in SS Superstars, and it seems to be only negative experience, but di
Read more…Hello,
We have been negotiating a Short Sale that had originally both mortgages with Homeward Residential. Now, the 2nd was transferred to Real Time Resolutions, Inc.
Homeward approved the Short Sale and only pays 10% of the principal balance to the
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We have a Bank of America approved short sale on two loans. Approval come to close February 15, 2013 but negotiator told us to try to close by January 31, 2013 since the second loan file is set to be service released on 1/31/2013. Customer service
Read more…I have a $180,000 short sale contract with a B of A first approval paying $6000 to Chase on their second. Chase has had the HUD for 2 months with the $6k payoff, now we are set to close in 4 days and Chase wants $30,000 to clear the $114,000 secon
Read more…or in a google search. Seller is sending me the payment coupon..but seems odd not to find contact information...
Read more…Situation:
Property Listed since 09/18/2012 at $280K and since dropped to $260K, I had 4 buyers with 3 mutuals, first 2 was offer at $255K w/ 3% cc and $250K w/3% cc, respectively, both lost financing. The second buyer was counter by Wells at $27490
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Real estate professionals who find themselves stuck in the short sale process can turn to a recently expanded tool from Fannie Mae.
The HomePath for Short Sales tool can be
Just wondering; as a licensed RE agent in CA may I legally:
1. ...get paid representing a friend (as buyer) in a WA state SS?
2. ....present my offer to the WA agent using CAR zips?
3. ...offer my negotiating services (to assure our offer is the
Read more…
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