Renter becomes owner
Can a renter purchase the home he is renting in a short sale and it still be considered an arms length transaction?
Read more…Can a renter purchase the home he is renting in a short sale and it still be considered an arms length transaction?
Read more…Just received approval for an Indy/OWB short sale. The sellers are living in the home, have signed an occupancy affidavit but Indy will not give them the $3,000 moving incentive because their paystubs and bank statements show their PO Box mailing ad
Read more…Hi everyone,
I have a question regarding short sale in redemption period. Since this happened to me, I'm guessing this situation is not uncommon.
We were in the process of buying a short sale house, which has two loans on it. The process dragged o
Read more…Hi everyone... I'm having trouble reaching Solace Financial. All of their phone numbers are no longer working numbers... was the company shut down? If so, does anyone know who services all of their loans now?? Thank you in advance!!!
Read more…I had obtained an approval letter and one extention from the department of recovery, then a second extension was denied. They said a new department had been formed to deal with short sales that had a bankruptcy attached.
They also said that departmen
Read more…I have received an approval letter from Flagstar but my closing agent is not satisfied with the content.
He says it does not clarify how Raidian MPI company money is to be paid as there is no separate provision for this payment and it is unclear as t
Read more…Started a short sale about 10 months ago submit all documents to nation star it took them 6 months to get back to us with a counter offer of $450,000 the buyer increase his offer from $330,000 to $400,000 submit the new offer then nation star sent th
Read more…I am in need of contacting the CEO of this Company or the Executive offices -- anyone have info on that for me.
Greatly appreciated !!
Read more…My site is not working. I have tried calling, email, and facebook messaging with zero response.
Read more…Ive read as much as I can on this site regarding Federal Tax Liens, and I am familiar with the process already since I've downloaded Form 783 and have looked over the required documentation.
So... I have a couple follow up questions I was hoping a ta
Read more…USDA SS help!
Trying to short sale a USDA insured property through Wells Fargo. SS is being declined within 48 hours of me submitting documents. Have been told by WF that the loan does not meet USDA MI Guidelines but they have no other info to give m
Title company is threatening to refuse to issue title.
The first lender servicer (SPS) is refusing to put on its approval letter a payoff to the second.
They say they NEVER have done this in a non-HAFA short sale. They defend by saying they don't have
Hello All,
Its my first post here and am seeking some advice I have just listed property right outside of Boston the owner has not been officially foreclosed on as of yet it is worth roughly $160-$170K the servicer is SLS I have a signed 3rd party a
Read more…Can anyone advise on whether Fannie Mae will pay for a new septic system in a short sale? This house cannot be sold without a passing system and homeowner has no money. Could be 25k..... Donna
Read more…does anyone have any contact information for US BANK HOME EQUITY DIVISION (2ND) I am wanting to contact upper management to try and get this file thru.
Read more…Hi, I'm having issues getting WF to pay my seller the incentive. When I asked directly if he was going to get it the rep said:
"This is a hafa short sale although the seller didn’t qualify for the 3k hafa incentive as the property was reported vacant
Read more…Open Question asking for input.
I received a reply from Chase stating that HAFA guidelines will not allow the buyer to pay the difference of the amount to settle the account of loan #2 .
Chase is offering $8500. Bank #2 wants $25,000. the buyer
Read more…I've completed approx 50 short sales in the past two years and have never had to defend my commission previously. I just got countered by PHH to reduce to 4%. This may seem silly that I never had to learn this and how do I combat the reduction?
Read more…I just heard from my husband that the forgiveness bill of 2013 was not extended I am working with two short sales both were included in a bankruptcy my question is will these two home owners be responsible for paying tax on the difference between sal
Read more…A few weeks ago I asked the forum about how to close this SS early and the response was that it was simple. Just received a rejection after submitting the HUD 1 saying that it was not within 5 days of the closing date. Approval runs out on 6/24, prel
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