I have a destressed property that previously was accepted at a lower price. We resubmitted a second CASH offer at the same (previous) price...although now the negotiater wants a much higher price for the asset in its recent counter offer!
The previou
Read more…I have been working on this short sale since June. Got a great offer submitted got a reply from negociator at BOA just a few small changes and now its been over 3 weeks and status - Offer Analysis: Approval Requested. I have made several calls and th
Read more…I am having a problem with B of A and an LLC joe beauchamp responded to a similar situation and I was hoping fo assistance with my situation
My client has or is an LLC in California and we have provided the Articles of Organization the LLC1 the one p
Read more…My broker would like me to short sell her primary home. Indy Mac. Issues?
Read more…I was contacted this morning about handling an unusual short sale. The wife and husband who now live in the property are divorcing. The wife is not on the loan or deed. The husband and his brother own the property. They are about six months behin
Read more…Some questions have come up regarding how to write the purchase contract to ensure the short sale seller does not end of having to pay for required repairs such as those required by the appraiser or to obtain the termite and moisture clearance letter
Read more…Does anyone know if there is an Escalation Department or Number with NationStar?
Read more…BofA is the 1st lender, Cenlar is the 2nd, Greentree is the 3rd. I have an approval from the 1st and the 3rd. Bofa is giving $8500 and Greentree is willing to accept $2500, I've proposed Cenlar to receive $6000. They will not accept anything less tha
Read more…I got solicitated by them to join and will be getting a call from their area manager tomorrow morning. Before I commit to anything, I was wondering if anyone know anything about them. The latest post I could find on the internet was from here in Ma
Read more…I had a nice conversation with a young man who moved from FL to SC, is current on both his first w/ ING Direct and his HELOC w/ Regions Bank. Breaking even/losing a little w/ his tenants. No plans to return to FL. Already purchased a home in SC but o
Read more…Shortsale packet was submitted to BOA mid september. Hadn't heard anything until last week (beginning of november)when we were sent the arms length documents to sign. Having a hard time getting information from our agent. The sellers agent has a shor
Read more…Hi everyone . . .anyone have a contact to escalate at Citi? I am really getting the run around. I have the first approval and am already on the 2nd extension. The contact I have been communicating with told me a week ago that there was something wr
Read more…I've showed a couple of short sale properties that have sellers instructions attached to the listings. I view this practice as intrusive and think it may open the seller to demands for lost commissions (at least in California). In addition as a buy
Read more…I am hoping someone here has experience or solution to the following issue:
I have clients who due to Identity Theft had to file Chapter 7 Bankruptcy.....their Mortgage was included in the Bankruptcy. The Bankruptcy was discharged in 11/2008. Wells F
Read more…Is it because the lenders are more proactive with loan modifications or is it because certain lenders (cough) like Chase (coughs again) are pushing thier "Preferred Partners"? Or maybe it's just me. I'm getting fewer calls from people nowadays inquir
Read more…I had not heard nor dealt with NCCI before, but I got an angry email this morning from a homeowner. Husband is BS!! Wife went shopping with 4 y.o daughter and came home to a suspicious car in the driveway and a guy waiting inside. He got out and s
Read more…Does anyone have any information on how Citifancial and Alliance One are connected. Can't seem to find anything legal that gives Alliance One the ability to collect funds and approve amounts for Cititfinancial.
Read more…Does anyone know if there is a video or place I can go to get information on the new FMFH changes.
Read more…Has anyone worked with LRC a 3rd party for BOA. They are a joke......They are so complicated and know nothing about equator. Today I get a message offer currently in review. What offer??? I havent even uploaded an offer. I been fussing to upload sinc
Read more…Hello Everyone,
I am in a sticky situation. I am the buyer of a Short Sale and I am scheduled to close on Wednesday October 31st, 2012. Up to this point I have not had any contact with any lawyers. The property is in Florida and I am stuck i
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