Does anyone know who do I contact to get the Forced Place policy to pay out?
The place was burnt out and now its wide open/
I learned the DLJ aka Credit Suisse bought SPS and SPS manages their REO however what about the care of the property??
Who do
Read more…I am listing a property with a Loan Modification serviced by Nation Star. Has 2 loans and was told by seller they applied for loan mod and their statement with Nation Star only shows balance from the 1st loan. Ordered Pre-escrow and prelim still show
Read more…I am very very bias, I have interviewed those who are making a CONSIDERABLE sum of money from working short sales (and I coach to do short sales as well)
However, I know that many of you are coming back to the site and really trying to figure out if
Read more…I have a new client that I started working in July 2014 on a FHA shortsale with Chase.
This new client had another attorney working on it prior so I wasn't given the complete file.
Found out about in August that it was an FHA loan and that it had an
Read more…K.I.S.S.
I am a fan of Seth Godin books and his permission based marketing, it is always easier to be an advocate than a salesperson. WE are asking people who are in distress to list and sell their homes.
Here are a few ideas to help you get some id
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
Read more…Right now most borrowers and sellers seem to qualify for this relief, exempting the "income" they earn on the short sale debt forgiveness as taxable income.
This is currently set to expi
I'm wondering if anyone has had increased crime get approved as a reason for doing a short sale? I've had economic circumstances (job loss, pay cuts), divorce, death, illness, and relocation. But I've now got a circumstance where the homeowners purch
Read more…Hey Experts Out There,
I have a VA Buyer that is purchasing a Wells Fargo Short Sale where the First Mortgage Security is held by Freddie Mac. The servicer has rejected the final HUD stating the Freddie Mac will not allow any portion of the Seller
Read more…I have some clients that have been approved for the HAFA program and I have listed their home. We have signed the SSA with BOA, and are waiting for an offer. My clients, who are newly unemployed have asked if they can stop paying there mortgage to
Read more…I need advise please!! BOA sent a SS Approval letter on Oct 12 to close by Oct 21. I was not required for a cash contribution or promisory note. We all close, per the approval letter terms, on Oct 21. The title co sent the wire to BOA and distributes
Read more…I currently have a short sale in which the buyer's appraisal accidently got ordered and completed. The appraisal came in much lower ($30K) than what the bank counter back with and about $15K above what the Buyers are willing to pay.
The question I
Read more…Does anyone work with short sales in the any of the 7 states that have the Anti Deficiency Statue in place and what is the "OPINION" of short sales under the Anti Deficiency Statue if the Approval Letter for the short sale from the Bank does NOT stat
Read more…
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