I have a 3rd party who provided me a investor/cash buyer. He wants 3% as a "acquisition fee" -he is charging the BUYER this fee for the privilege of presenting him (the Investor/BUYER) this investment opportunity. The buyer is paying this fee out of
Read more…Does anyone know of a good Search Engine Optimization company for short sale marketing abroad?
Read more…Hi Everyone,
I appreciate all of the wonderful advice and knowledge everyone has imparted to me on here (as a clueless shortsale buyer). Thank you all!! I think I am in the final stages (hopefully),.....just wondering if anybody who has much exper
Read more…There was a great discussion here last week regarding the lawyer out of New York who said the FBI was looking into fraud cases where the agent didn't present the highest offer (of course I still haven't seen the base of that article), but I agreed wi
Read more…Can I do a short sale with an Indy mac loan after the sherrif's sale?
The customer service people say no, they wont work on our offer, is there someone else I can call? Or am I done? Thank you for your input...
Mike Murphy
Read more…Hi everyone,
I've been lurking for awhile but finally had a question worth asking (in my humble opinion.)
Anyhow, my offer to purchase a short sale was just accepted. Both loans on the home are with Wells Fargo. This is the second time the condo has b
So I just had another BPO agent that just showed up at the property without notice or contacting us first.. So I had an idea and I wanted some feedback and if anyone had any better ideas.
I am thinking of including a document with the short sale pack
Read more…I am the listing agent and the selling agent for a proeprty in which Wells Fargo is the lender.
Is it importnat to use someone else as the designated broker? What would the correct amount to
pay them be if they do not have to do any work?
Read more…I have a cash buyer and he is wanting 3% for costs. How do banks respond to this?
Read more…I am working on my first BOA HAFA short sale, and I think I am close to having it under contract. My problem is filling out the HUD 1 to send in with the offer.
The offer is over full price, but it asks for $3000 in closing costs, which makes the of
Read more…Does a tenant lease that extends beyond the closing of a short sale remain in place? How are deposits handled? THANKS!!!!!!!!!!!!
Read more…Anyone need a FREE HUD generator? One of our members, Maureen Richardson, of Setco Services has a HUD generator on their site. I use it alot and love it!
Thanks Maureen!
Read more…I have a property just under contract and it will be a short sale. What forms do I need to request the HAFA program as they have a $30K 2nd. They had tried to get a mod in the past without success
Read more…Recently I set out to focus on conducting short sale seminars once a month. This Saturday I held one, and not one individual came out. I received verbal commitments, but no showings. In January I had 5 individuals show that were buying or selling.
Read more…I am Scott Huey. I currently have a fannie may loan serviced by NFCU. This is my home:
Read more…I have a Short Sale listing presentation with a $2M loan... qualifies as their principal residence. Is there a loan Cap limit for HAFA?
Read more…I'm new to this Equator group here, but not new to Equator. I've been doing short sales since 1990.
Since i cannot reply to a comment or discussion for some reason, here is my two bits wort:
RE: "Buyer Walked" posted on 3-7-11 by Jeffrey T Lawrence
Read more…We just put an offer on a property in CA that has Chase as the only lender. I am looking for some guidance as I have read lots but haven't seen much recent feedback on Chase.
The Details:
I'm working with Chase regarding a manufactured home in foreclosure. The home, as we have found out, was never de-titled after purchase by the owners who are currently in default. As far as I understand it, it makes the home less valuable because i
Read more…Hi- I've been looking a long time for an attorney that will consult with clients for a fee. Not a BK attorney - A Real Estate Attorney specializing in short sale clients. Anyone working with one that is worth referring in the Orange County area of Ca
Read more…
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