Hello fellow Superstars! Has anyone had any experience (good or bad) with M & T Bank? I have two files I need to work with them and seem to be getting the HUGE runaround. Any suggestions would be appreciated. Thanks in advance!
Read more…I was recently told by another real estate agent that the short sale lenders due to fairly recent law that they can not reduce our commissions. Is this true and what is the Florida Statue that I can recite to them stating they can not do this. Also i
Read more…I am the buyers agent...LP was $224,332...Cash offer: $190,000...2 days after makng offer buyers and I go by property- field services is drivng out - with copper pipes!! Water drippng in basement from pipes ripped out. LA comes back with: Change offe
Read more…I have a HAFA approval on the first with onewest and PNC will not grant a HAFA approval. I have tried offering to pay the additional monies outside of escrow and they will not allow the seller to have the relocation funds. Ideas?
Read more…In process of doing a short sale with Washington Federal. I was told today by two separate people at the bank that they do not do short sales and just take home back in foreclosure. Has anyone dealt with Washington Federal?
Read more…Working with Wells Fargo on a short sale. Previously had an approval but buyer backed out. Brought another offer the same terms and conditions with a price of $73,000, seller forgiven debt and released. They took long time saying problems and bac
Read more…I have a short sale that is part of a bankruptcy that was settled a couple of years ago. Neither lien on the property was ever reaffirmed. I live in Washington State which is a community property state.
My first lien is being paid in full though whic
Read more…What happened to all the customer service improvements with B of A? I am in a transaction as the buyer agent. We got the first ( CITI ) approval in 35 days. The second ( B of A ) is getting $6000.00 on a $26000.00 loan and the process has been going
Read more…I have been told that M&T bank doesn't initiate a Short Sale without a HAMP package being first submitted, even if the borrowers want to opt out. The HAMP processing time butts up to the auction date and to get an extension requires payment. Should I
Read more…Am I alone on this?
I want to be able to easily create short sale packages. Each page should be a fill-able form. I want to auto-populate data like the loan number for them then email the entire package to the client.
I currently do this by editi
Read more…Just received call from someone who wants to know about short sales for CAL VET. He's tried three agents, no one has any experience with this short sale.
Is it any different from what we're doing?
Can someone enlighten me on where to go, or where
Read more…I am the buyer in a short sale. We received bank approval for the short sale from both the first and second mortgage holders on May 23rd. I was told there was an IRS tax lien associated with the property but that the bank had agreed to pay it (whic
Read more…My team is representing the buyer in a short sale and the listing side is asking the buyer to pay for the HOA Document Fee & Transfer Fee. Before asking our clients to pay for these fees, we want to ask the seller to pay for it first.
The listing a
Read more…Location Pismo Beach, California I recently sold our house in order to move to a better neighborhood for my young family. Placed an offer on a short sale (2,200) sq ft home List price $550,000 Offered $500,000 Seller accepted straight away. The hou
Read more…I just got a listing and my client told me her loan is with WELLS FARGO. According to Chase, who is her servicer to go ahead and send the short sale package to WFB directly. I called WFB and their loan is not in the system under the loan number nor u
Read more…I know every bank has their own package for SS. I was wondering if there are any differences between submitting a generic and bank specific package, processing or other wise. Thanks in advance.
Read more…Yep. Just got approval on the first (BOA) and was dealing with GMAC when suddenly the loan was sent to a different servicer. The kicker is it was sold 6/20 and FCI still doesn't have the pool of loans. I'm in LIMBO!!!!
Read more…I am currently working on a short sale and the seller just recently went to active duty in the military. How does this affect the short sale? The loan is with BOA.
Read more…Short Sale listed at 515k. Two offers on the table:
499k cash, close in 14 days
525k conventional.
1st loan: Nationstar
2nd loan: GreenTree
Which would you choose if you were the seller?
Read more…I am the seller's agent and after doing 3 HUD-1 with the sales contract price of $265,000 I got a 4th HUD-1 and the sales contract price has been reduced to $215,000 - anyone ever heard of this happening? I have tried since June 22nd to get my negot
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