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…Last Short sale I closed as a listing agent was 2 years ago. I am listing a home with a purchase money loan and a second that was added when borrowers did a loan mod. B of A created a new second of $13,000 FHA, which is the total arrears of the selle
Read more…I have had a 100% success rate with my short sales until the end of 2012. I have lost complete confidence in bank of america and the servicer s that they are using which include LRC & AMS. I initiated a HAFA short sale in August 2012. They did four
Read more…Situation: My seller was approved for HAFA with buyer #1 on her short sale.
Buyer #1 walked a week before B of A approved short sale (with $3,000 HAFA) for $165,000.Tired of waiting.
Buyer #2 was slid in with an offer of $150,000 & walked 2 weeks lat
Read more…Since 2007, I have embraced the short sale client - having gone through the process myself. Each year I have increased SS closings significantly. In 2007, as the banks created a process, I managed to close 8. In 2008, I closed 15. In 2009, I closed,
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 Just like to share this email from BoA.... Please note the Changes...
As Bank of America continues to enhance the short sale process, real estate agents will notice changes when initiating a transaction in Equator, beginning March 11.
What Is
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
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