Hi Guys,
Curious 1) who purchases and uses lists of leads (e.g., lists of delinquencies); 2) what methods have been used to work those leads; 3) what are the "best" sources; and 4) whether they have been successful sources of short sale business.
If
Read more…I am seeking to have conversations/referral with a knowledgeable short sale agent in or near Lambertville, Michigan (near Toledo Ohio). I'll also need to hire an attorney.
Read more…Hi all, I was contacted by an out of state buyer today looking to move into our area. Yay, right? But then she tells me she's just listed her home as a short sale. Her timeline for buying something here? Now. Okay, what am I missing here? She sa
Read more…Has anyone had one? Was it successful? How are they on setting the price?
Read more…I just got short sale approved through Wells w/ BoA as a second.
Was pretty happy with results and got written approval in 60 days.
You would think this would be good news and maybe even a little attaboy pat on the back.
Well the fat lady isn't sin
Read more…So..I know that everyone's been fighting hard to get B of A to allow us to substitute our back up Buyers without having to close and re-open and re-submit ALL the darned documents. It's here! We can now substitute if we have a back up buyer and our
Read more…We submitted a complete file to Wells on June 14th including an offer. Wells did not respond for almost a week. The sale date is set for the 27th. They said that they would not postpone any sale unless there was an approval on the short sale. The
Read more…I have been so fixated on residential property, I have never given this much thought. But, is it possible to do a short sale on commerical property?
There is an old house built in 1892 and completely restored/remodeled that had been rezoned at some t
Read more…Hi All,
Before I go and reinvent the wheel I was wondering if anyone has a good Short Sale Flow Chart graphic they would share? I thought that having a picture of what happens and when would be easier for sellers and buyers to understand.
Thanks
Read more…I had a client Saturday that I was showing some homes too and while screening the homes and calling for appointments I was shocked to see three Realtors who had shut down all showing instructions and had voice mails stating there would be no showings
Read more…Thye have told me my borrower has to try HAMP first and then HAFA, but clients does not want to try HAMP, he wants to go straight with HAFA.
Any answers would be appreciated.
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Has anyone had any luck with a direct mail or door knock campaign using a short sale mailing list?
What is your conversion on the list? What service are you using?
Thanks for your insight.
Lev
Read more…My client just received notice that she was denied for the HAFA program on April 27. No one at CitiMortgage could tell us why, they told us it would be in her letter. She JUST received the letter yesterday, May 9, 2010 and it stated it is because s
Read more…Has anyone had any experience with this? Not sure how accurate it is...been having quite the opposite experience with Chase.
http://www.sacramentotoday.net/news/templates/community.asp?articleid=1679&zoneid=1
Ben Balsbaugh
PMZ Real Estate
209-604-1
Read more…I don't know if I am just on a streak or is everyone noticing the second mortgage companies being tougher? I am having a few 2nd mortgage companies asking the seller to bring money to the closing table and sign an interest free note. Just wondering
Read more…I am attempting to process a short sale. Home is worth about 90k, after 5 months and sending them complete package with offer for 90k - finally heard back from negotiator yesterday. She wants $117k and for the seller to either sign a 10k promissory n
Read more…I'm curious if anyone has heard of such a thing. I was talking with some insiders and they mentioned that there is a list called the "Cruel Inspection List" it's an industry wide list that has the names of companies, Realtors and Brokers doing shady
Read more…Prospective short sale Seller wants to know if Chase has blanke policy about waiving deficiency - any clue how to get that policy?
Read more…I'm pretty sure I know the answer...here's to hoping for different answer!
Short Sale participation letter states: "If the loan is FHA insured the seller cannot pay the Buyer’s closing costs". Q1. That's my seller's loan, right? Not the buyer's. Buye
Read more…Is anyone willing to share their techniques for prospecting Short Sale sellers?
I will go 1st:
I send out a few mail outs to individuals on the NOD list in my market. I purchased my letters from http://www.copybymarte.com/pro/ShortSaleLetters.html
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