Hello There, As mentioned, I will be presenting on short sales at the American Land Title Annual Conf. in October. In preparation for the seminar, I have been looking unsuccessfully for volume data on short sales. I would like to be able to present t
Read more…After patiently working through a B of A short sale, we finally got communication (and an approval) from B of A. Signed all of the paperwork and handed over a sizable down payment last Thursday. HUD sent to B of A for final review same day. By COB Mo
Read more…Why would an MI company insist on the cash contribution to come from the seller,as apposed to the buyer? or would they? Just trying to educate myself a little on the inner workings of these post purchase MI cases. If you have had any experience or
Read more…Does anyone have any infromation about Arrow financial services? I have a client whose loan was sold to them? So does anyone have a contact with short sales? Trying to stop a sale scheduled for THURS! It can be done......any help, please advise! Than
Read more…Different states have different laws....each of us as short sale listing agents have different experiences....and I do not mean to imply this to be a situation that is always and everywhere...it is here...and "May come to your market soon." As soon a
Read more…I just found out the lender has Mortgage Ins. on my short sale listing. This is a CalHFA loan. Will this kill the deal for the short sale? We are 8 months into waiting for approval when this information was finally revealed to the seller. Any info on
Read more…Does anyone have Michael Williams email address that they could email me privately with at jared@topsouthernoregonagent.com?
Read more…So I lost one to Fannie Mae on August 3rd. No fault of mine or even the bank with the exception of not postponing the sale date.
I actually received the listing and documents from buyer 1 month before sale date and did not have tenants who will co-
Read more…A new title status called "Equitable Interest" has been appearing in our MLS. My understanding of this term is that someone other than the owner has negotiated a price with the lien holder and is now selling the home (or hopes to) at a higher price
Read more…Its my understanding BofA does not pay for 3rd party negotiator fees. Does anyone have any experience on how to include this on the HUD to get it approved?
Read more…So the foreclosure sale was August 3rd. It was a very bitter process since we've had an offer in with BoA for about 2 weeks before the sale date. I kept calling and emailing the negotiator but never received any answer. Finally at 7pm the day before
Read more…Hi All,
Still waiting for our offer to be either accepted or rejected... BOA now is sending a automatic Email Status notification. Anyone know what this is about? Has anyone gotten any updates through their automatic email system. All of the req
Read more…Hello All! I've got Short Sale Blues! First time home buyer, here, buying a short sale residential property $7K less than appraisal. Seller agreed and we both signed a contract on 4/30/10. Waiting for approval for 3 months. No word. The listing agen
Read more…The negotiator on my "Fannie Mae" owned loan/property is saying the borrower has a MI on the property and all terms are being dictated by that company!
Let me back up. My seller is asking for a B of A short sale on his property and he is not delinq
Read more…Has this happened to any one? I had an approval issued (IndyMac/OW) back in June until 8/17. I thought I'd be done with this thing. Greentree gave a verbal ok then asked the homeowner for more paperwork two weeks ago.
If they FINALLY approve, do
Read more…Need help...My wife and I put in an offer on a Bank of America short sale property listed for $195000 (13328 MALLARD LANDING ROAD, Charlotte , NC 28278 MLS #886135). Property was appraised for $185000 in June, 2010. Offer was submitted with copy of a
Read more…I can't seem to get Litton to pic up on any line. They go immediately to the busy sig. Any suggestions?
Read more…The negotiator responded to us on July 7 and informed us that the file was approved with the MI company and is currently awaiting approval with the investor. This file had been approved back in May with a net to the bank which was $4,522 less than th
Read more…WOW!!
Received Approval on United Guarantee 2nd in 2 weeks! Thank you UG!
This is again another fast Short Sale approval on a 2nd loan where we are still waiting for the Bank of America Short Sale Approval letter on the 1st thru Equator.
H
Read more…Looking to see if anyone had experience with H+R Block short sales? How was it? Is there a way to EMAIL the contact?
Read more…
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