Hello:
I completed a short sale a few months ago and I see that the lender filed a deed called Certificate of Satisfaction.
What does the certificate of satisfaction mean?
Are they waving their right to pursue for the deficiency amount?
Any help
Read more…I have someone that needs to do a short sale but their loan is with Northern Trust. I can't find any comments about them. I was hoping to find someone that had a successful or unsuccessful short sale experience with them?
Read more…Short sale initiated with Citi & SECU.
Seller owes $124,000 - CITI $99,000 & $25,000 to SECU (State Employees Credit Union) FMV is $55,000. We got multiple offers and the seller accepted a $60,000 cash offer
We assumed Citi was in 1st position & SE
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Lenders completed the appraisal 4 weeks ago.
They said it been PFS review since 4/1/2014.
So what is PFS review, how long does it take and who is the investor for this?
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I've been on here several times with posts of a HORRIFIC short sale. I am the owner of the house involved in the short sale process which has been going on for over a year and a half now. To sum it up it is with BofA and then was recently sold in O
Read more…We are entering into the process for short selling a home that was refinanced under the HARP program. The one and only lender is Provident Funding. Does anyone have any experience with short sales and this lender?
Read more…Remember here recently when Fannie Mae reported the "schedule" for purchasing once you had experienced a short sale on your record? Do you recall that they stated that if there were "extenuating circumstances" one could purchase prior to the 2 year
Read more…Hello, my client owned a condo lived in it for 6 years. It was her primary residence. Then 2 years ago she bought a home and moved out of the condo into the new home. She was unable to sell the condo since the values have dropped so much. She pu
Read more…Is anyone familiar with this company they are out of Boca Raton Fl. They also go by the name of First Fidelity Loan Servicing. Apparently they acquire loans from PMI companies such as Radian. It looks like they have fallen of the map as we sent all
Read more…I currently am working a deal with LRC on behalf of Bank of America. The house had been vandalized and my list price took into consideration the condition of the property. I recieved an offer for $1000 over list price. I submitted it and the bank
Read more…Does anyone have a contact for escalation for Capital One Home Loans? I have a short sale that was previously approved by them, buyer cancelled, and I resubmitted a new contract with the same terms and they have come back this time to deny it. Any
Read more…I just had my second short sale decline in one week. Seems pretty strange maybe its the weather here in cloudy southern california or the water these negotiators are drinking.
Both short sales the sellers were current one had a legitimate hardship(o
Read more…So I've had an offer into Bank of America since June 1 that is netting HUD over 2% over the min net amount with buyers ready to close anytime and my negotiator just seems to keep this file on the backburner. Since BofA issuing the ATP 5/1/12, they ha
Read more…I have a deal where PNC is the junior lien holder with an unpaid balance of $150,000. The 1st is Ocwen and I have the approval from Ocwen with a Max of $6,000 to PNC. I just spoke with OCwen and they indicated that $6,000 is the max they will allow
Read more…Does anyone have a point of contact at PNC Mortgage who can help stall the foreclosure auction? We have an approved short sale with second which is the deficiency. PNC Mortgage is first lien and will be paid in full, but they want to foreclose 1/9/20
Read more…Anyone have any good contacts or ideas for getting a PNC 2nd approved at a number that the first position lien holder will agree to?
Read more…Hi everyone!
Do you know where online I could find a Green Tree Servicing 3rd party authorization?
Read more…Hello all, I am looking for some insight on this situation. Fannie Mae approved this short-sale (again). When first approved, they approved the 6% agents commissions, and the 3rd party negotiators fee. The seller refused to sign an addendum from t
Read more…Hi We are buyer and received the number from our lender but the sellers attorney is asking for about 9% in fee in addition to lenders amount. Is this normal? My understanding was that lender amount will include all of these cose
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