Hi,
I'm trying to help my sisters BUY a SS home in Chicago, IL. The seller mortgages are with PNC Mortgage. PNC agreed to the sale, the price, everything. I was on-track to close today - 12/18, until Friday, when my mortgage company pulled final
Read more…My Seller filed BK - 7, and it was discharged including the house over a year ago. The lender is Wells Fargo, and they have countered the offer with a new amount, and a Promissory note of $43,000. The seller still is on social security, doesn't hav
Read more…On EVERY file I initiate in Equator for BofA, my initiation docs task gets rejected or my docs are unacceptable. The docs are DL'd directly from their website and are fully executed properly. Once I complete the task for the 2nd time with the same ex
Read more…Hello all, I have been reading posts on here for a while and I thought I'd post on my situation to see if you think I am wasting my time and should move on or if I should stick it out.
I am the buyer.
Short sale with 2 loans. 1st with Flagstar 2n
Read more…Need help with HSBC unreal valuation. Bpo performed by out of area agent, now 4 months old, hsbc will not order new bpo, will not consider comps, will not budge on valuation. Any suggestions greatly appreciated.
Read more…Seller listed with another agent July 31, 2012. Received low offer, CHASE requested comps to support offer, agent did not and after waiting for the agent to comply with no comps, the buyer walked and the seller fired the agent and got an uncondition
Read more…Short Sale House - my agent is also listing agent. ---
August 2012- offer submitted at 230k (and pay 3% closing costs)
October 2012 bofa countered at 235k (and pay 3% closing costs)
October 2012 I accepted their offer
October 31st got the Short Sal
Read more…I went online to see if I could find a Bank of America, FHA, short sale success story, but I could not find any thing. Everything I read is negative.
Can any one offer any hope to a buyer that is waiting for HUD to approve a short sale? I can't find
Read more…Does anyone have a contact at Carrington Mortgage Services? Email is preferred, if possible. I promise not to give away the source of information unless desired. Thanks for the help!
Read more…I have been running into title problems with servicers such as Green Tree and Seterus who are negotiating on behalf of entities like BOA. BOA seems to be releasing more often but do not follow with a Mortgage Assignment, which is problematic when get
Read more…I am the buyer.
SHORT SALE - BANK OF AMERICA.
Seller's loan thru BOA was FHA.
My offer was accepted by seller and under contract on July 9.
Bank of America accepted our offer on Nov 27.
Now I am waiting for HUD approval.
How long can I anticipate th
Read more…Wondering if anybody has a contact with PNC to push a file through. We've done everything the negotiator has asked. Unfortunately, she has decided to be belligerent on every phone call, and I can not get answers. I've stayed on the phone (hold) fo
Read more…Please help me! I am the buyer of a short sale property in NJ. Short sale was approved, all inspections done, everything is wrapped up to close. We were just informed by our mortgage rep. that the Short Sale letter was not signed by BOA and we will
Read more…Hi All, Looking to get ideas on short sale lead generation. I've been getting good referrals from friends/past clients, but my client base is not enough for my goals. Anyone with suggestions on an effective system to supplement Short Sale conversion
Read more…Need a fresh set of eyes on a CHASE FHA. 12k in Credit card liens of which I was able to get concessions down to 8k (no more room from CC companies) I have a seller willing to pay the 8K in liens and still hit the FHA NET of 81k yet FHA only allows $
Read more…Does anyone have an upper management contact at Fifth Third Bank? I'm trying to help get the buyer's loan docs out so that we can close on my short sale listing. Any help is much appreciated!
Read more…I had a transaction where the seller was getting $10,000+ thru the HIN Program. The deal fell apart because of the buyer's financials. We submitted another offer and I requested the same amount of money for relocation, and was told that the HIN pro
Read more…I have a potential seller that will participate in a short sale if they are able to get the relocation bonus. HAFA was $3500 and that ends on December 31st. It is with Chase and in AZ which is a non-recourse state. I know there are no guarentees b
Read more…Please help. I have a client in Murrieta, CA that is trying to apply for a short sale with B of A and has been since March 2012. It is an FHA mortgage, so it occurs to me that we need a denial on a loan mod 1st… but the real issue is that the accou
Read more…I have full Short Sale approval from a GREAT negotiator at Chase. They requested close within 30 days (Dec. 21). Now file has been handed to Chase closer, who called me to threaten that if we don't close by that date, it is likely that they will no
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