Certificate of Occupancy - Allowable closing cost paid by lender?
Has anyone had a lender pay for the CO?
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BofA Short sale Problem
I had a short sale scheduled to close on 8/20. BofA insisted on a Discharge which we didn't get until the 8/18. I immediately up loaded it and got a message back that we were cleared to close. I had requested an extension of time on 8/16 because I di
Read more…Wells Fargo
I have a client who was not on behind their payments when we first tried to initiate "short sale" in March of this year and Wells Fargo stated that because the homeowner is current with payments "we will not discuss options" so homeowner quit paying.
Read more…anyone work with Loan Resolution corporation?
Anyone work with Loan Resolution Corporation?
I'm hearing more that lenders are designating local agents in their marketing letters and wanted to know if any is working with LRC in getting referral, as they handle number of HAFA short sales for B of
Read more…Short Sale with Vanderbilt??
Has anyone worked a short sale with Vanderbilt? I am about to take a listing and I have been reading horror stories online. Please give me some hope ! Thanks....
Read more…HAFA SS w/ BofA/AMS SSA expired and they are saying I'm SOL
I have been working on a BofA HAFA Short Sale for the last 10 months. BofA (as many of you are probably aware) outsources their HAFA Short Sales to AMS. They have mishandled the file from the very start. We got a HAFA approval letter w/ a required
Read more…Negotiations are stalled..how to get investor to see that offer is the best they can get!
We have submitted CMA's and letter from buyer that offer is "highest and best" this investor is going to see from anyone! Yet - BOA Equator counter offer keeps coming back at a ridiculous rate..Can not get the BOA negotiator to call me back..Where d
Read more…Ignoring the basic facts
I have a short sale I am working through Wells/ASC. Initially there was an inflated BPO of 470k on a property that comps in the mid 200s. The house is vacant and in a tremendous state of disrepair. The owner agreed to pay for a full appraisal and
Read more…Which website do you use to capture Short Sale Leads?
Would like to know which website to use to capture short sale leads and drive my traffic to for more information. I would like to ad a website to my print & online marketing to help catch the sellers not ready to talk face to face. Any suggestions, T
Read more…Need a Short Sale Superstar in Asheville, NC (Existing Tenant wants to Buy)
I have a Rock Solid referral for a SS Superstar that works the Asheville, NC market.
Seller has been denied for a Loan Modifcation and is already in discussions with the Short Sale Department. Needs local Broker to List the property and expose to mark
I am being harassed by short sale client's lender bill collectors
How do you short sale superstars deal w/ bill collectors, not your bill collectors, but your short sale client's bill collectors. They know that the house is pending on a short sale, they said "Your name and contact number is on the short sale infor
Read more…Short Sale Problem - Late Title Search Uncovered Second Lien
We are buying a short sale. This forum has helped a lot to understand the processes and potential things that can go wrong, so thanks to everyone who contributes here. After months of waiting for response from first lien, and then negotiating back
Read more…Short Sale Websites...
Hello Superstars.
I relocated to California about 6 weeks ago, and I'm waiting for my license to be issued. Not being able to promote my short sale servics for the past six weeks is taking its toll on me!
If you have a short sale based web site t
Read more…BOA has come back with an MI contribution on an 80% Lot Loan!???
has anyone run into a similar situation? My seller had an 80% LTV lot loan an a vacant lot in northern Florida. The developeer went belly up, never finished the subdivision and lots that sold for $250,000 are now going for $5,000. We have been counte
Read more…Does a lien attached to all fixed equipment?
What's your take on this?
Owner of a property is having to short sale his house. He's insisting that he is taking his generator (not portable) and Rinnai tankless water heater which are both affixed to the house.
Q: The owner disclosed that the two
Read more…Bank of America - AMS from Sacramento California Wow! I did it!!!!
Estella Drake Happy to say I closed a HAFA RASS Short Sale with BofA-AMS today...only took 94 phone calls from start to finish!!! I did it!!! It was like I was Mohammad Ali in a world championship boxing ring with AMS - I Won and the Prize is: My cl
Bank of America have a bad name worldwide
Making headlines in a British Newspaper:
What a shower of morons they are.
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Please help with Short Sale in Bankruptcy!
There's a 1st (Chase) and a 2nd (Key Bank) on the property. The sellers filed Chapter 11 (reorganization). Per court order, the seller's plan was confirmed. Chase filed for relief from stay and it was granted so they chose to move forward with forecl
Read more…FHA-Need your help!
Does anyone on our forum have a good contact at FHA..they are the investor on this loan and I cannot get a response of a f/c postponement from them..been calling for a solid week. The f/c is set for Monday at 9:00 a.m., so tomorrow is my last day to
Read more…Anybody Have Contact Information for the Mysterious Bank America "Borrower Profile" Group
I am currently trying to get a borrower into the HUD Preforeclosure Program like I almost always do. I have gotten numerous borrowers into this great short sale program at Bank of America. However, this time around, the file has been held up for ov
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