Forum

Title Company Won't Sign Shortsale Affidavit

Hi everybody, I am doing a Wells Fargo Short Sale (for the past 9 months :-(   Wells Fargo has a Short Sale Affidavit that Everybody in the transaction signs, including the closer at the title company.  This is a standard language document stipulatin

Short Sales-Fraud in the approval process

I am interested in others experiences and opinions.  I negotiate many short sales in my little corner of the world and am seeing many other "negotiators", both lawyers and non-lawyers, changing the terms of the ratified contract when preparing the HU

GMAC settles with Seller for less than a short sale

I haven't heard this one before, but it just happened to me.

I was about a month into a short sale with GMAC as the second.  Wells Fargo was the first, but they would be made whole by the sale.

We had an offer, BPO was just ordered and then the Selle

florida shortsale - help! realtor is trying to pull a fast one

Will Chase Offer Incentive if Seller Files Bankruptcy

Just curious. I have a seller who has a chase loan that we're attempting to do a short sell on. Does anybody  know if their decision to offer an incentive would be impacted is she filed a BK? She's really hurting financially and trying to get from un

Short Sale APPROVED by Carrington Mortgage in 67 days.

Just wanted to pass this on as I had not negotiated with Carrington Mortgage before.  My negotiator was fantastic.  He kept me informed, let me know if there was anything he needed, responded to me within 24 hours of my contacting him..very smooth.

T

Anyone have any experience working with American Coradius Internation Collection company?

I am working a deal right now where there was a second with USAA.  It was sent to American Coradius for collection.  Thus far, they've been impossible.  The balance on the 2nd is $32K.  They told me they would take $18K.  HA!  GMAC, who holds the 1st

does FL agent have DUTY TO DISCLOSE his affiliation with a 3rd party negotiator ?

Does an agent in a florida real estate transaction have a DUTY TO DISCLOSE his affiliations or relationship with a 3rd party company seeking to to be compensated in a shortsale transaction ? or any real estate transaction?

ex: realtor is trying to g

My house is in a short sale & want to file BK 7

 My house is listed as a short Sale and has been listed since November.  I have been approved

for HAFA with IdyMac Mortgage, however I have outstanding debt I am unable to pay  and need to file BK7 (already have paid lawyer) Can I go foward with BK7

Buyer refuses to sign cancel instructions in CA

Here is a hum dinger of a question...

successfully negotiated a triple lien and brought it in at a great price to an all cash buyer...buyer screws around and submits a crap addendum three days prior to closing drops the price by 100,000, seller sign

Why not have the buyer do inspections prior to submitting to the lender?

I am the listing agent on a property that has many problems. I knew that once we got to inspections after the lender approval, it would reveal a failing septic system along with a pest report that would show the termite's were holding hands to keep p

Short Sales with Abn Amro Mortgage Group

Has anyone dealt with Abn Amro Mortgage Group?  If so would appreciate any information you can provide on procedures, contact info, etc.

Don't seem to see much about this firm.

Thanks

If you could ask Bank of America one question, what would it be?

Good morning superstars, hope you are having a great week!

I want to pose a question to you.  Let's keep this high level and focus on a solution.  Lately there are alot of posts about Bank of America.  Alot of talk about issues with Bank of America s

Submitting a new offer thru Equator

Anyone know the simplest way to have a file removed from "Held" status in Equator for a BOA file? The last buyer walked and I have a new offer.

I've tried emailing thru Equator but the file is being handled by Dignified Transition Solutions - I recei

Residential Credit Solutions_ Need Help!

I was three days away from closing the short sale when RCS said they would not extend they gave me a 10 day approval letter to close the file and I also had to negotiate with FIVE LAKES AGENCY agent for Chase who were horrors, when they finally sen

VA Compromise

I was wondering if anyone could tell me what my chances are of getting approved for a VA compromise. 

I purchased the home in Dec 2006 in Florida for $155K using the VA. I still owe 142,786 on the loan and the house is now "worth" approx $65K accord

Short Sale with cenlar with VA

I've read almost every short story on the board, but I don't fall into all of the cat's.  My problem is this and I'm wondering if anyone has deal with Cenlar.  I got a refin through a company called ifreedom Direct.  Great company as they will work w

Can you make 2 offers?

 I have an offer on a short sale that the seller approved and we are still waiting to get something in writing from the bank...it has been 5 months.....Another short sale just came on the market that looks very appealing to us. Can we make an offer o

Ok, I just have to say it BofA, BOA / BANA

The new rollout of your changes STINKS as far as the messaging goes.  We work on MULTIPLE BOA files, so they send a message and all you get is "YOU HAVE A MESSAGE" and if I don't remember which negotiator goes with which files...ug...sorry I'm ventin

GFE items, question

If you are buying a short sale and are contributing to 2nd lender, does the contribution amount have to be included in the GFE? My broker just completed and submitted my gfe and I realize it doesn't incllude contributions.