We have several of them in process, but I haven't heard of anyone completing a HAFA short sale yet. Please someone tell me they have completed one so I know it is possible! :)
Read more…Does anyone have an in roads to Freddie Mac? They are the investor on my short sale and I need to bypass Citi Mortgage and get a hold of them.
Thanks
Kathy
Read more…So I posted the question a week or so ago about a Realtor.com scam and got the answer about what was going on. Now my question for you all out there is what law enforcement agency (if any) is investigating this or trying to catch these scum bags? I
Read more…My husband and I put an offer on a short sale on June 12th. The owners of the home had not made a payment on it since November of 2009. The owner's accepted the offer and the bank was given 90 days to accept the offer or not. We were told that since
Read more…I have an approved short sale from Citi Mortgage. Freddie Mac is the investor. Short sale approval price is $125,000.00. Buyer is obtaining FHA financing. FHA appraisal came in at $120,000. Citi will NOT adjust the contract price to meet the appraisa
Read more…We have been in a short sale contract with the owners of a marco island florida home since July 5, 2010. To date we have not heard a word from the bank or listing realtor. Our Florida realtor reassures us each week that the paper work is in and there
Read more…I am losing deals left and right due to the MI companies. Looking for any suggestions please! The last deal i was working on, the MI company came back wanting a 76,000. promissory note...of course the sellers walked. Any helpful ideas out there?
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Greentree won't i
In Arizona our state association (Arizona Association of Realtors; AAR) has strived to generate standard contract forms that provide consistency to business of buying and selling real estate. When the short sale of property became a significant facto
Read more…We just had a situation with a short sale that everyone has said they have never heard of. I'm curious what you all think about this and what advice you may have.
We had a contract signed by the seller and preliminary approval letter (from Chase- the
Is anyone else getting strange "leads" from too good to be true, high end, cash buyers looking only for short sales? I've received 2 of these within a week, one via email and one by phone (to my voicemail). Does anyone know what this is about? Wha
Read more…Mary, can you let us know what's the status on your 2nd lien with Chase? Did they approve? if yes, how much? I currently had one like that, not going any where.--the 1st with BOA been approve since 7/2010--now they cannot wait from the 2nd. thank yo
Read more…We were set to close on Friday, but the lender for the buyer said they can' close until Monday instead of Friday. The approval for Greentree is until Friday.
Greentree won't issue exentsion until approval is expired but if we get another approval
Read more…Hello all,
We are in the process of buying a short sale. The
bank never countered our offer and asked for the "arm's length"
paperwork to be immediately executed 3 weeks ago , and informally
indicated to the seller at that point that approval was f
I recently closed a short sale in Texas using the Equator system. There was a descrepancy in the net sheet (the way it read online versus what they came back with on the approved HUD) and I was wondering if anyone had a name of someone I could conta
Read more…Where can I get more information on the differences for Commercial Property Short Sale requirements as opposed to Residential property requirements? Anybody have any ideas?
Read more…I do not have a clue on How to start negotiating with chase. I have the package ready. I just want to make sure I have the latest package and where do I send it.
Read more…What on earth can I do?. The listing agent and I have gotton everything in place to close on this short sale. However, the buyers lender, Wells Fargo has delayed our closing 3 times now. We have had to go back to both the sellers HOA and the short sa
Read more…I been proposed to initiated on Multyfamily MIX-USE building SHORT SALE and need to know what to expect. If anyone had experienced that meter.BUILDING consist of RESIDENTIAL UNITS and 2 BUSNESESS. Irina Nusinkis United National Realty Staten Island,
Read more…We are in escrow with this property. The sales price$1,050,000 is adequate to pay 1st and 2nd in full. BofA has the 1st, Citi has a 2d. BofA and also holds a 3rd but even though the Citi loan was placed 2 years prior to the BofA 3rd. BofA claims it
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