Wondering if anyone could offer any insight. I had submitted two offers with Chase on a short sale which they denied me both times. I'm at my ropes end here and wondering if I should keep submitting or what options there may be? Anyone have any ex
Read more…I am attending an upcoming mastermind session at Keller Williams Mega Camp next month.
As some of you know, a group of us formed a short sale mastermind group at Keller Williams Masterminds last year. We met with 3 of the largest lenders and the lar
Read more…My client just "suffered" through the FHA-allowed Marketing Period at a list price that was well above the true market value. It was no surprise that no offers came in. Then, due to a 2nd lien, the client was disqualified for the Deed-in-Lieu of Fo
Read more…I am semi new to this, but does everyone submit there seconds at the same time as their firsts, or do they wait to see what the 1st is going to accept, then submit.
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Assuming there are no other players involved (MI, investors, etc.), the real questions are:
Hello everyone, this is my first time posting here and I have really enjoyed the wealth of information shared.
I have a seller who has been approved for an FHA Short Sale, we got a buyer and negotiated contract which has been approved by BOFA on the
Read more…I have a Hancock Bank short sale and they told me to call DMI. Anyone ever heard of or dealt with DMI? Any advice or direction would be great.
Read more…Anyone know anything about this designation. I live under a rock and have never heard of it?
Read more…Ok, I really need advise as the buyer here.
Entered into contract in April for a short sale and (long story short) the leinholders BOA 1st and 2nd agreed on the price and sale. We are FHA and the original closing date was July 29th but our appraisal
Read more…If you all missed this 60 minutes episode go to this website: http://www.cbsnew.com/video/watch/?id=7375936n
Unbelievable, but not surprising.
Read more…We are always front and center in our short sales. We have closed all but one and are looking forward to several closings this month. I am always looking for information that will help our clients in understanding the process.
Read more…On a HAFA B of A Short Sale, Can a Realtor list the property under what the Short Sale Agreement states?
Will Bank of America want to see an MLS printout? Are there any repercussions? Am concerned because the listing agent must also sign the SSA.
Read more…I have a prime candidate for a short sale and Vericrest has just informed us simply that they will do no short sales. Has anyone run in to this mentality and is there anyway to escalate this. Their web page suggests short sales as a way to help the
Read more…Hi Guys,
Curious 1) who purchases and uses lists of leads (e.g., lists of delinquencies); 2) what methods have been used to work those leads; 3) what are the "best" sources; and 4) whether they have been successful sources of short sale business.
If
Read more…I understand some realtors might be charging a buyers purchase premium as the short sale fee, instead of a % of the commission. Please provide any feeback about the process and is this a good business idea?
Read more…Has anyone had one? Was it successful? How are they on setting the price?
Read more…Anyone know a knowledgeable short sale superstar (agent) in or near Lambertville, MI? I am seeking to refer. I also need an attorney.
Read more…This weekend, we got a call from the police about one of our Short Sale listings being broken into. The owners travel for work quite a bit, so the house is often unoccupied and, thanks to BoA shenanigans, the For Sale sign has been in the front yard
Read more…I know there are more details to a short sale consideration however, I'm in a situation where the seller was not delinquent at the start of the short sale request process and wanted to sign a promissary note on the 2nd which is also with the same len
Read more…Curious as to what members pay as referral fees when short sale client is referred to you. I have paid as much as 25% but am thinking of reducing either to a lower percentage or a flat fee.
Deb Orth
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