Hey Guys- it has been a good 3 years since I ventured down the SS transaction in Real Estate from years & years of doing hundreds...That being said- I do think we are going to see some pop back into our markets over the next 6-24 months...that being
Read more…4.5 months ago my husband and I submitted an offer on a home listed as a short sale property. It was quickly accepted by the seller (on Oct 6th, 2012). About a week later on Oct 12th we got an email from the sellers agent and attorney that "the offe
Read more…I was working a short sale on Equator, (WFB) and the buyer walked, before we submitted the SS Affidavit and some other docs requested. I have sent message after message, including directly via email and thru the Equator system that this deal is no l
Read more…I am representing a buyer on a BOA short sale. The listing agent has already admitted this is his first short sale and he is overwhelmed and doesn't really know what to do. We submitted a cash offer for full list price and it was accepted by the se
Read more…Just found out that we have a second loan to negotiate with Bank of America. I have never worked with them before. Do I still initiate through Equator or do I use the HELOC package that is under the Lender Info links?
Thank you for your help!!
Heat
Read more…Hafa short sale has been an ongoing process with Amo since November. The price of the offer is high enough to yield 98% of what is owed. Second lien at greentree has agreed to 6 k max allowed under hafa and has confirmed this in writing. April 11 we
Read more…Hi y'all. Wells problem. Negotiator, Trey Johnson out of Ft Mill, SC is demanding $122K on short sale when we have had it previously approved twice, at $107K & $110K. He will not call back even when we email him directly. File being worked via Equato
Read more…I was recently advised that BOA recently restricted all agents of a large brokerage because one short sale file allegedly contained fraudulent document(s). Furthermore, when any of these agents jumped ship to another brokerage because of their inabi
Read more…We are in WA state and made a $1,000,000.00 offer on a home on Feb. 22, 2011 that has a $2.4mil loan. Our agent is not very experienced with short sales and has only done 1 short sale. Seller's agent is also not that experienced so I come to all of y
Read more…I have been waiting 10 days for Bank of America to respond to our counter to the counter via equator. I have emailed the negotiator but no replay.
I am worried they will close the file. Will B of A counter again or decline the file?
Any ideas?
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I have done everything, and borrower has done everything on BOA/SS site too. All of our tasks are complete and confirmed by BOA/Equator rep. My conversations for the last 4 days with BOA/Equator say that there is one (1) task yet to be done by the
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