Hi everyone
Can someone tell me if any of the banks are taking names and contact numbers for CDPE's to put on their list to give our contact info to their borrowers if they need to sell their home as a short sale? Any information would be great.
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I am currently selling a house as a short sale with B of A as the servicer and BONY as the investor. just found out my house has a 1.1 ppm meth level. Our state allowed limit is 1.0 (yes that sucks). My negotiator at B of A keeps telling me the inves
Read more…Short Sale approval at $150k- letter from BofA - no deficiency on the first
2nd is also with BofA (however there is Private Mortgage Insurance)
PMI approved the short sale also but with the Seller's signing a prom note for $32k
Seller's asked the
Read more…Has anyone dealt with Liberty Bank in Ohio or Sarasota Florida? If so, would you share your experience about their process here. Thank you!
Read more…I was wondering if any of you are using 3rd party negotiators for your listings? What are your typical fees being paid. Are you letting go of some percentage of your apples? Or is a buyer paying for some apples?
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Hi-
I am looking for additional short-sale training and there certainly is a maze of available selections on the internet. The CDPE seems the most comprehensive and up-to-date, but that may be an inaccurate perception on my part...
The fact that SFR
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Q: I have situation where the Husband and Wife signed a note. They are going thru a Short Sale and the second is with RBC. The Decree of Divorce states Husband is 100% liable for the note. Will RBC release Wife from deficiency under this circumst
Read more…I am set to close on a short sale next month. However, the current owner who is losing the house does not want to move out because he is living rent free and wants to continue doing so for as long as possible. He is threatening to let it go to forecl
Read more…My shortsale just got approval from the 2nd lienholder. The next step is to upload new appraisal to equator. What does that mean for me? Does this mean either lienholder is going to ask me for more money? Why do they usually do this?
Read more…I invested in a Real Estate commercial property loaning 1.5 million on a secured note leaving me as a third. I have not been paid in over a year and neither has the 1st or the 2nd. What are the chances of me being able to foreclose or me being able
Read more…Hello. I am working a short sale right now, with no offer. The lender in 2nd position is "spring leaf financial" I have called them to send my 3rd party authorization. I have asked them for a list of documents i will need to submit and was told, "oh
Read more…We live in WA a non recourse state. I have closed about 200 short sales and usually I am able to get the deficiency rights waived on the short sales before my client moves forward. But I have a IndyMac/OneWest Bank short sale that got the following
Read more…Does anyone know if the Short Sale Commander program advertised on the Short Sale Superstar site is secure? None of the links show it being secure (with https: in front of the link).
We upload SS#, names, address, account #'s, etc., so that is a big
Read more…Hi,
Does Bank of America settle home equities (or any 2nd loans) that are upside down with little to no equity, with out a short sale? Other large lenders settle with out short sales but BofA in the past told me they would not settle (unless through
Read more…Has anyone run across a situation like this? Two families (wives are sisters) purchased a property. Purchased in Couple 1's name with a first and a HELOC. Then they had a lawyer document a wrap-around mortgage and deeded to Couple 2, who have been l
Read more…Hello Everybody!
I am a go getter, and this deal has come to my hands and I would like some guidance on the probate process. I've never done one, and I would like to hear from someone experienced on this field.
THIS IS THE SITUATION:
A property
Read more…I joined this company as a "HRC" with the intention of establishing myself with them in order to obtain some of their REO business. The problem is that they have no REO business! The "leads" are to contact homeowners on their behalf, most of whom h
Read more…I have a few soldiers being relocated for the military. Has anyone experienced this program? Or are there other government programs to assist in the handling of upside homes? How does the process work? Do we submit a normal short sale package to the
Read more…Does anyone know Compass Bank's policy on Short Sales, and if they release the remaining deficiency once sold?
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