Anyone closed a deal with a UCC lien.; Freddie Mac has offered to pay $6,000 of the $22,000 owed, but that is it -- UCC will not budge! Anyone have any experience with one of these loans?
Read more…I have a homeowner that is short selling their investment property as they can no longer afford to keep it. In the process of listing, the tenant stated that they had been thinking of buying -- does someone have an arms length affidavit from BOA -- B
Read more…Hello Short Sale Superstars! Anyone deal with a BofA Coop w- NDS, and run into an "Error of Opportunity?" I've been told it would be escalated, still waiting...No response on the escalation to Closing. WE ARE TRYING TO CLOSE.1st, this is a coop sho
Read more…This is CA HAFA
1St-SLS
2nd-Chase Recovery because loan was discharged by Chase
Can't move on. Both are refusing to issue the approval letter until the other one does. Both are citing different portions of the MHA HAFA Handbook-4 & 4.1 and 6.2.4.2 &
Read more…Good afternoon Super Stars:
Please I need your help regard the approach you guys use in pre-foreclosure knoking door leads prospection. I live in Homestead, Fl where 80% of properties are in foreclosure. Please shoot me your ideas. I will appriciate
Read more…I just received a call from RE/MAX International Headquarters. Bank of America is working directly with RE/MAX to do a pilot program for FHA sales via Equator. I think this is the first time EVER that I've been unhappy that I didn't have a BofA FHA
Read more…Has this ever happened to anyone? Wells Fargo processor told me that she is denying the short sale because she cannot submit a foreclosure date postponement. She said, in order to submit foreclosure date postponement, she needs a complete file (which
Read more…I have a property that is being inherited by the daughter and the daughter wishes to purchase it and move in. The property is a short sale.
How can the daughter purchase it given the arms length issue? It has been willed to her - but to the tune of
Read more…Scenerairo...1st mortgage 625k followed by a 2nd HELOC 160k. FL Both mortgages were takenout out with Chase simotaniously 7 years ago at purchase. Property today would appraise around 400k to 425k. No finicial hardships in the picture. Assets $450k a
Read more…I have heard anecdotal stories that there does not have to be a delinquency however, I have no experience of this. I do have 3 listings coming up that the borrower is not behind ... can anyone share their experiences getting either rejections or appr
Read more…A team of enthusiastic and focused, educated and seasoned professionals who consult and advise our clients to smartly invest and timely sell their real estate holdings. We achieve this by partnering with and listening keenly to our clients. We becom
Read more…Hello All -
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Than
I am in need of a higher level management contact for Fifth Third Bank. If anyone can share that information, please share. Thanks!
Read more…Short sale worth 180k supported by comps, Fannie counters back at 220k. Buyer will walk, and sellers will need to go back on market at 220k with slim chance of getting an offer and slimmer chance of getting an offer at 220k to appraise. Fannie decl
Read more…Does anyone have an honest and reliable Credit Repair Company they can recommend as I have several Short Sale clients that have completed their Short Sale and want to start the process of repairing their credit? Thanks.
Read more…Just heard on Friday that Wells Fargo has approved my client's short sale on their rental property - this is my first rental property short sale. The tenant will continute renting with the new owner. My client knows that she has to come up with the
Read more…This is a follow-up to my post from mid-February about working with Bank of America.
After over ONE YEAR working with Bank of America on a short sale, we finally got approval in late December 2012 with settlement to be held on January 4th 2013. The
Read more…Hi All,
I am usually the one who sends people here on SSS info on how to escalate files and give out contact info but today even though we had submitted a FULL FMV CASH OFFER Bank of America FORECLOSED on a family of 5 ... the Wife/Mother is on the l
Read more…Hello - I have called WF 5 times and each loss mitigation representative, short sale dept. and others tell me that because I had PMI on my loan, I will not receive a 1099 c and that it is noted on my acct. They told me that the PMI company paid them
Read more…I have a Wells first mortgage, PNC second mortgage short sale. The first is a Fannie Loan. PNC just sent us a form they want my seller to sign saying they agree to pay the loan in full.
Question: Has anyone had success pushing back on this? Would the
Read more…
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