I have a client who would like to shortsale is mobilehome. The mobile is in a Park, with a first of $45,000. The servicer is Greentree. Has anyone done this before? It would be my first mobile home shortsale.
Read more…HELP! I received an offer for short sale listing I have which is great! The utilities have been shut off because owner owes alot of money, however he will not pay outstanding balance to turn the utilites back on. Therefore buyers cannot complete i
Read more…Hi Everyone,
I have been under contract for a short sale since September 17th (approx. 3 and a half months) and we recieved a verbal approval on our offer about a week and a half ago. At that time we were told we should recieve the actual approval
Read more…My client moved to another state because of employment reasons. Job was not in the same job field. Conducting a short sale on this home in Ca. Is he subject to tax implications if he sells the home. It was his primary residence. Used a FHA loan
Read more…I have a seller who is doing a short sale with GMAC. He is worried that the lender will somehow attach his 401K as he does not have any liquid assets. Has anyone had any experience with this?
Read more…Has anyone closed with HSBC? I am looking to read their Arm's Length, so if anyone has one, I would love to know how it reads since they are so different between banks.
Thanks!
Read more…That is the best news I have heard in a while besides that Bank of America is starting to hire and train HAFA certified negotiators so they can handle HAFA short sales in-house.
Back to Recontrust...this is great news particularly for those homeowner
Read more…Curious if any agents here are working with IAS for BPO assignments. If yes, have you noticed it taking longer and longer for payment? Not looking good, looks like IAS may be in trouble. They owe me a few thousand for BPOs and for REO reimburseme
Read more…Good Afternoon - I just had an agent call and ask if I have heard of a lender by the name of "GreenLeaf" I told the agent no and that I only new of a lender by the name of Green Tree? My Realtor expressed she was told that "Greenleaf" just recieved a
Read more…I'll admit, my experience is very limited in this arena - I've been a purchaser in two short-sale deals, one closed a few months ago, and the second should close soon (we'll see!?)
I have an agent's license, so I understand how the process (should) w
Read more…I have a short sale where Freddie is the investor and we were given the short sale affidavit. It's been fun trying to get it notarized by all parties, anyway, I read where some agents have been able to get this done at closing then submit it, even th
Read more…Hi There,
I have a referral for someone who can list a Zephyrhills condo. Doesn't look like much value in the condo itself; but our team will be handling the short sale orchestration so you won't have to worry about that portion of the work. Email
Read more…I know this is only loosely related to Short Sales, but I thought I would throw it out there. I have heard that there are cases that HUD will allow for a variance on the requirement of lending on an FHA loan that 3 years needs to pass after a Forecl
Read more…I have a closing that was delayed friday because of a Bank of America screw up. Buyer did everything they were suppose to do and were ready to close. Bank of America has made multiple mistakes and as result the buyers lock has expired. Is there an
Read more…Does anyone have a Chase Arass form they can send me?
Thanks
Christine@rirealestatelaw.com
Read more…I want to thank all who have contributed to this site. I was empowered by the great advice given when I received a call at the end of August from very distressed homeowners who were 5 days from TS. They had not made a payment to the 1st, 2nd, or HOA
Read more…Wondering if anyone has ever got a lender to agree to a flat commission? I would love to help everyone but this possible short sale would sell for around $45,000. I would like to write the commission to be no lower $4000. At 6% it would only be $2700
Read more…Has anyone had any dealings with Greentree Mortgage?
We are currently working on a shortsale with Greentree as the lst lien holder and BofA as 2nd. BofA
is on board and we have approval, but Greentree is slow and says 45-60 days. Does anyone have
a
Read more…We are considering using software, now, to manage all our short sale files and paperwork. We have about 200 files...seriously. Anyone using Short Sale Commander? It looks interesting. We have two full time people and one attorney working on these and
Read more…Hello All, I am at my wits end and cannot and will not let this deal fall apart. I currently have a short sale approved home and the buyer has already signed loan documentation and we are set to close, except we are waiting WF to provide us with an e
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