Referral
I have a client that has a unit in Legacy Dunes(Kissimmee) FL that needs a short sale
Also a commercial building in downtown Orlando
Any takers?
Read more…
3 Replies
All Discussions (4366)
Sort by
The wave of Investors-
Over the past two weeks our law firm has seen a new trend in our market. We are seeing the real estate investors who bought large numbers of property, finally start losing their ability to pay. The typical scenario and facts are these: 1. They are cu
BofA Short sale with divorce decree
I am purchasing a short sale home in "Houston, Texas" and it has been approved twice..
the problem that i am facing is from the seller.
Seller has got in a divorce and has a divorce decree stating that he is awarded the house and if he does sell it
Read more…The loss mitigation industry and Abe Lincoln
In the day and age of email, twitter, Facebook, the mortgage crisis, and loss mitigation, one has to ask what does Abraham Lincoln have to do with it…
Money is tight in the real estate industry. Attorneys, lenders, mortgage officers, real estate brok
Read more…Investor with Multi Properties
I have a client with 5 properties.
He has his primary with a Wells loan. 399,000
He has 3 properties with BOA loans totaling 486,145.
On one inv property he has a house probably get 275,000 out of 311,000 (BOA)
One another inv property He has a lot
Read more…Equator ads
Hi Everyone. Just joined the group. Has anyone signed up for the Equator ads, i.e. adding zipcodes to a market area? Is it worthwhile? Seems cheap...if it works.
Read more…charging for Short Sale as a "BONUS"
I found out yesterday at a local Title Company..that Agents who are providing Short Sale Services...instead of "charging a fee" are writing a BONUS in the listing agreement...
what are your thoughts? I like it!!!!
Read more…Tax ramifications of rental property short sale
A rental property owner wants to sell his property by way of a short sale. What are the tax ramifications of doing so, considering a receipt of a 1099 form and/or does the IRS insolvency rule apply to a rental property owner/seller?
Read more…Does anyone have experience negotiating with Ascension Capital Group?
I received an approval on the first loan with Wells Fargo. The second lender is Chase. They assigned the file to Ascension Capital Group. Wells Fargo is giving Chase $15,000. Ascenion wants $50,000. The gap seems too wide to close .
Thanks for y
Read more…Titanium Solutions & Can I say WHAT?
Can someone explain Titanium Solutions? Are they a 3rd party negotiator or are they just giving leads to Realtors in their area then taking part of the commission? What's the scoop? Is anyone getting listings as a titanium solutions consultant? If so
Read more…Short Sale Question and Preparation
Hello everyone. I am new to doing short sales and am pursuing this niche for my business. I would truly appreciate some of your experience and insight. I moved to the Central Coast of California last year and am finding it very hard to get my norm
Read more…Trends... in the Carolinas
In our market there is a perfect correlation to the build up of the real estate market in Charlotte and the order in which its falling out.
Immediately after the September 11 attacks, we saw the builder putting everyone with a pulse in a home. This w
Can use some advice in Negotiating with Ascension Capital Group?
This is my first file with Ascension Capital Group. They are asking for $12K on a $80 HELOC.... the seller has included them in a BK and Chase is the investor on the loan. I have been working this for 9 weeks, and have gotten Litton, the first to o
Read more…Can tenant purchase condo they are living in through short sale?
My client is renting a condo at a negative amount so each month he has to put in extra money to cover the mortgage. He was hoping for the market to come back so he could sell in a year or two. Now he lost his job and is moving from NJ to Minnesota f
Read more…Short sale lender approving HUD-1 Settlement Statement
Just a little background first. We put an offer on a short sale Dec 2010, the lender (BOA) counteroffered us on April 5th for 10k higher and we accepted that day. We did not get the "final/written approval" until June 3rd. Needless to say we've been
Read more…Short Sale Closing Costs
I am the seller on a short sale in California. On the RPA the buyer asked for the Seller (bank) to pay for the closing costs such as, termite inspection, escrow title, HOA Doc fees. The Bank's approval agreed to pay most all of the costs involved but
Read more…HELP PLEASE. LBPS Deficiency Judgement in Florida
I am currently involved in completing a short sale with LBPS. They bought my mortgage from Chase about a year and a half ago. I'm scheduled to close on my condo next week, however I contacted a representative from LBPS a couple of weeks ago to ask ab
Read more…BofA no FHA?
With all the upheaval at BofA recently since new management took over, files getting lost, negotiators getting lost, and everyone in "meetings" all day....Now I find out they will not allow offers uploaded to Equator that use FHA financing if BofA is
Read more…pending sale status change in ewm website
who is responsible for updating ewm website? if property status changed from for sale to pending sale, does that mean the property is about to be sold? It would certainly seem that way.
Read more…California deficiency rights
I have an approval letter with no language addressing deficiency or right to pursue or not. This is in California - a non-deficiency state.
The only thing the letter says is "This letter will serve as acceptance of a short payoff involving the follo
Read more…
**********************************
like buttons