am a cash buyer and have been waiting for approval of short sale for 2 months. There is another house that I see that I want to buy. It's also a short sale. Both sales are wells Fargo mortgages. Can I put in multiple contracts to ensure that I get on
Read more…As many of you probably remember, a few months ago, WF announced that all new approval letters with the exception of HAFA short sales, would include verbiage that allowed for servicer/investor to pursue debt deficiency. This "new" policy was supposed
Read more…I'm the buyer for a short sale.
The house was on the market for about 6 months, starting at $225,000. Lowered a month later to $199,000. Aug 1st it was lowered to $159,000. Two days later I offered $150,000 all cash, was accepted and I signed a cont
Read more…I'm the buyer
SS was aproved at 340k to the previous buyer but failed to get mortgage. I offered 349k...9k to cover my closing costs but the file got transferred to Nationstar.
Nationstar wants 355k plus wants me to pay realstate taxes and 8k jud
Read more…Hello Fellow Superstars! I am coming across this issue ALOT lately and wondered if anyone else is, and how are you handling it?
Schedule B on title commitments have this condition:
Satisfactory evidence original note was assigned to Bank of America o
Read more…Hello SSS peeps,
I have a family member with a property in Gilbert that he's likely to initiate a short on here shortly. I'm not licensed there or I'd help him directly. He met with an attorney recommended by his potential listing agent, and, well,
Read more…Does anyone have an executive level contact at Midland? The one listed in the group is no longer with the company! Thanks in advance!!
Read more…Does anyone have any information as to BOA's VA loans with payments that are current? Any experience with this?
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Does anyone have an escalation contact in Metlife's Short Sale Department? My client is scheduled for a TS on Monday, October 2 at 9:00am and now Metlife will not postpone the TS because they were missing only 1 document. Besides that, the negotiator
Read more…My wife and I have put an offer on short sale property in Fontana, CA back in March '12. The seller accepted our offer and forwarded to Bank of America, the sole lender to the home. The seller also agreed to pay 5k towards closing.
Around early June
Read more…Arms length??? If it is disclosed to the lender?
Read more…Hello every one:
This is my first short salel with Mellon Bank. But i cant find a short sale package from them. I spend already 3 days serching and nothing. Please if any body can help me with that? Thanks.
Read more…Its John P again, one more question but on the opposite side, We of course have a house that is underwater, but current on the payments, and if the inevitable happens-not being able to secure a renter, Is there a "formula" per se that Wells Fargo in
Read more…How to I contact upper management of the SS Department of USAA? Or Does anyone have a contact?
Has anyone settled USAA HELOC and if so, what were the terms and minimum % of loan amount? Did you receive a settlement or did the Seller agree to a loan o
Read more…Any CDPE available in Iselin, NJ who wants to take a referral?
Please contact me asap.
Read more…Hello everyone,
My sellers need to move about 75 miles away to help take care of ailing parents.
They accepted a fair offer for their home.
Just got email from Homeward "Mortgage Insurance has denied Short
Sale and will not participate as they consi
Hi,
We recently got our extension approved and I was wondering, how long does it take to close after that? Also, we had our credit reports checked 2 days ago and they took recent pay stubs, are they going to do it AGAIN before the signing of the doc
Read more…We had an approval letter from BOA that expired a few days ago while we were settling with a credit card lender. The negotiator would not extend the date long enough for us to get a release and closed the file. Any ideas on the best approach here?
Read more…Hi All,
I have a problem. I have listed a short sale where the couple is divorced and the wife received the house in the divorce. Several years after the divorce she has realized that she can no longer keep the house and is trying to sell it as a s
Read more…We have a client who is in the military, unfortunately is going through a divorce andn wants to short sell his home. Are there any special HAFA programs which he could benefit from, his lender is Wells Fargo.
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