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  • Kelly Walters February 28, 2012 at 4:58pm

    I'm working my first Nationstar SS right now. Nationstar asked for $3000, the seller offered to pay only $1000, and Nationstar declined the short sale and closed the file. I tried for a week and could not get the negotiator to respond or the file re-opened. 

    It's unclear whether the contribution request came from MI or the investor (Fannie Mae), but I have escalated to both. Fannie Mae is working with me to help resolve the issues, however Nationstar has me resubmitting everything all over again...

     

  • Sam February 28, 2012 at 7:18am

    I have had two NationStar short sales, neither of them required or requested cash contribution or Promissory note.  One was Freddie Mac and the other was a private investor.

  • Bryant Tutas February 27, 2012 at 2:04pm

    All of my Nationstar short sales required a seller cash contribution. But I was usually able to negotiate the figure way down. How much are they asking for? What was the seller's response?

    • B. Gayle Stevens > Bryant Tutas February 27, 2012 at 3:16pm
      They are asking for $15,000 at closing or $30,000 prom note.
      The sellers don't have any funds for closing and are feeling
      that they should let it go to foreclosure. How much were your
      sellers paying? I appreciate your help Bryant.:)
      This is my first NationStar deal.
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