Looking for opinions on this email I received: Bryant, I'm English, live in China, and have NO USA contact except I own an investment home in davenport. Loan is 220k, worth maybe mid-100's. Do I walk (non-recours...remember, Im in China!) or short s
Read more…My husband and I are trying to navigate our way through SS Process. We've a VHDA Loan and Suntrust's the servicer. We submitted our complete SS Pkg almost 3 months ago and it was assigned to a negotiatior on 10/16/09. For the past year, we've been st
Read more…Has anyone ever gotten a BOA approval buyer specific. The original buyer walked because the process took to long. Got the same offer new buyer and BOA says start over instead of closing. Finally my question, has anyone ever just taken it to closing w
Read more…Is on top of things ready to move forward on the 2nd loan and the 1st negotiator, from the same bank does not return phone calls, emails and 4 weeks into after receiving BPO does email and states they have not recvd listing agreement, purchase offer
Read more…This is not one of my listings, rather another agent's who just gave it to me to process. Details: This transaction is in California. The agent took the listing a year ago and 2 buyers walked. Agent told Indy the buyer walked, so they closed the fil
Read more…I got the second approval letter from Bank of America today… That’s right, we are on approval #2- same buyer! This Destin Florida short sale was cleared to close back in February. But why did that approval fail? And why is the game "over"? Strike 1
Read more…I just recently started working with one of my sellers on a short sale. Previously, I've had clients contact companies that handle short sales. I've now listened to the Short Sale Program by Bryant and Wendy along with do a Certified Short Sale Profe
Read more…I just had a thought, we need one of us to get hired by BofA so that we have an "insider" to push our files along:) What do you say Bryant, need a second job????????????? I promise that I will only call 4 times per day for your help if you get a job
Read more…I am a homeowner considering a short sale. I'll be upfront and say that there will not be a hardship until we close on the new house. My wife and I are purchasing a new house and in a normal market, we would be able to sell our condo for an amount th
Read more…Any of you familiar with the Short Sale Brokers Association? It was mentioned on www.DSNews.com today. Promising more short sale business and volume.
Read more…Are they releasing anyone from the deficiency? I have a new listing, and he is telling me that he will not accept the short sale if the banks' terms are that they reserve the right to pursue a deficiency. My sellers' loans are both purchase-money an
Read more…WAMU changes the final HUD day of Funding!! Anyone ever had this happen? Came back saying they won't pay title fees??
Read more…Question about promissory notes..... What happens if a seller signs a promisorry note for the PMI company and the seller never makes a payment? What can the PMI company come after them for? The full amount of the original mortgage or just the promiss
Read more…I have been working on a BBandT short sale for quite some time. Had a buyer, he walked, put it back in the market, buyer walked again. Finally get a counter offer for $350,000. Buyer said NO and we found another buyer. I get a new negotiator who is B
Read more…I have a seller that used Florida Bond money for the purchase of her home. Actually 2 sellers in the same situation. Has anyone dealt with this in Florida? If they sell the home without any profit or with a shortfall, does Florida Bond need to be pai
Read more…A Short Sale is one of several pre-foreclosure remedies. In order to request a Short Sale, from your Lender, you must have a hardship AND you have to be able to prove it. It has to be a legitimate hardship. Hardship: Noun 1. conditions of life tha
Read more…Saxon, first lienholder, approved this short sale in APRIL! BofA was offered $1000 on their second. No dice after 3 months, they closed the file. We start over with a $3000 offer, which covered 10%. Unfortunately, it took so long that the fees brough
Read more…I'm curious if any of you are making the effort the "thank" the negotiators with whom you work? Are any of you sending them a thank you card, or even a small gift card? Heck, I don't even know what's allowable in a situation like this. LOL It used to
Read more…I have a transaction where the buyer and seller decided after the contract date to go into a rental arrangement. It is just more convenient for the seller to stay on for a few months than rush out to find another place. The buyer is an investor and d
Read more…Regions is decent to work with, although they will almost always ask for a promissory note or cash contribution. Short sale pacakge attached
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