I had clients that purchased a home with me in September of 2008. That was when the Government had a $7500 interest free loan with a 15 year repayment that they were calling a "Grant". My clients are in construction and have been in and out of work
Read more…Does anyone have the most current update to date info handy?
Read more…Anyone had experience working with Charter One Short Sale dept.? I have called and left several messages to try and speak with someone in short sales but no return calls. I can't even get an email address to send.
The first approval letter will
Read more…Hello,
I have a past client that wants to get rid of his 2nd lien and attempt to stay in his home. He can afford it paying for the first but the 2nd is what is killing him and a loan mod won't really help much if he can even get one since they say
Read more…Hello All,
My Seller has a critically ill son. She had to move out of her California home and relocate to the East Coast to take care of her son. Viable offer on the table for the last 4 months. Buyer wants to move to close. MI came back and said
Read more…Sellers may wonder whether doing a short sale would affect their credit less than completing a foreclosure, and whether there are other advantages between the two. While in foreclosure, and depending on state laws, a seller could possibly stay in the
Read more…GT is servicing a BOA second. BOA has the first and has limited them to less than 3k. GT has approved at 3k and is pushing back about taking less.
Has anyone had experience with this with Green Tree and has the outcome been favorable? I am attem
Read more…They have a 2nd loan on one of my deals. Good news: They issued an approval letter after we sent the package to them. Bad News: They just randomly stuck in 50% of the proceeds to them. Quite sure the first will not allow this...Ha!
Just curiou
Read more…Before pushing your agent to slide that short sale listing into MLS, it’s a good idea to stop and think about the first step in a short sale. Sellers get overly anxious. And it’s no wonder. Many of them have been trying in vain to do a loan modificat
Read more…Have a couple of properties in Naples FL, We need to refer ! They may be a bit of a challange!
If you are interested, please contact me! I will help as best we can as well!
Read more…Fannie and Freddie just moved their BPO business from a vendor I was working with . Anyone know where they moved their business to? That's a HUGE contract for a company to lose....
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My husband and I put in an offer on a short sale that was accepted on July 28th. The couple is in a nasty divorce and have both moved out and stopped paying on the loan after they accepted our offer.
Here are the stats:
Wells Fargo is the primar
Read more…Out of Curiousity? How is everyone handling these forms? Up front as an MLS attachment? With an actual offer? When approval comes through? At closing? Based on the Lender? Some require to be Notorized? (just disregard because my company wont allow)
J
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Submitted offer and all docs in July, File is currently stuck in MI Dept at Chase. Trying to get to someone that can get this out of MI, the Rep at Chase said the servicer will be released and a new one assigned by Dec 1st and the new servicer does
I have a short sale with 1 loan with Morgan Stanley Our List price is $399,000 and the offer submitted was $359,000. Our negotiator wanted $370,000 to which the buyers would not come up. So, the negotiator submitted it to investors as is and they w
Read more…I have gotten a different answer for this question. I have a past client who needs to sell as a SS. I believe she has hardship and have already spoken with two attorney's who handle SS's. The question comes in the actual 'listing'. Right now she
Read more…We are in negotiations with BAC on a house that is schedule to sell this Thursday. The selling agent said he spoke with BAC last Friday (they are considering our counter offer) and they planned to postpone the trustee sale but I've checked the LPS li
Read more…Ocwen to Buy Saxon for $59.3 MillionMorgan Stanley has announced the sale of Saxon Mortgage Services to Ocwen Financial Corporation. Ocwen has agreed to acquire Saxon for the base purchase price of $59.3 million. The deal also includes an estimated |
This may not be the right place to ask, but here goes.
I am under contract with a B of A short sale and have been under contract for 7 months and have had no real progress; the BPO hasn't even been ordered!! Is it possible for me to schedule anoth
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