Hi All,
Here is my situation, I'm dealing from more than three months with a short sale, After couple counters and I did appraisal to find out the value and last week my settle ment told me 2nd lien holder gave approval and it is submitted to the pr
Read more…My FHA short sale Phase 2 negotiator didn't return calls or emails for 3 weeks. I called the escalation team, his supervisor, the short sale dept, etc. I asked the escalation guy for the FHA case #. He pretended not to have it until I pressed him the
Read more…A quick background. Lender is Wells Fargo. FHA loan.
I have been in the short sale program for over a year with an ATP. Had a previous buyer and was just waiting to close. In August, Wells pulled some shenanigans and foreclosed before we could c
Read more…I am hoping someone here has experience or solution to the following issue:
I have clients who due to Identity Theft had to file Chapter 7 Bankruptcy.....their Mortgage was included in the Bankruptcy. The Bankruptcy was discharged in 11/2008. Wells F
Read more…I just want to thank you all for your comments and suggestions regarding Greentree specifically. I want to share I have approvals on both which came on the same day. The purchase price was accepted and Greentree originally was adamant about getting
Read more…Hi,
I am pretty sure everyone here would love to have a higher conversion rate of SS through their leads, I just wanted to create this little discussion to see if we could help each other out. The big question is how to get the owner to say YES to
Read more…Anyone know how much will B of A contribute to an HOA lien these days? This is a traditional short sale and the HOA lien is in the amount of $16,000. Thank you!
Read more…Has anyone had a short sale with Midland? How long did it take to get the approval? Thanks for any help/suggestions. Tracey Saizan Keller Williams Realty
Read more…Greentree says they won't release a UPB statement to me. Any suggestions?
Read more…Good morning all,
I pray you all are doing well.
I have been fighting with Nation Star for 6 months just to get them to send this file to the investor. Everyone has agreed to all terms I have up loaded the up dated documents seems like weekly. Now b
Read more… Hi all,
I've been processing conventional short sales after the borrower files bankruptcy on behalf of the BK trustee. I'm trying to determine whether or not it would be worth the time and effort to try and negotiate it or if it's almost guaranteed t
Dear Superstars,
I had listed my home for shortsale in anticipation of looming financial 'distress', in order to be a pro-active seller and responsible citizen. I took actions in order to 'show good-faith' with the intention that my actions would be
Read more…Hi,
I completed a short sale about 30 days already and the taxes still show as not paid what can I do?
Bank usually pays for the taxes owed.
Please, Help me out here.
Read more…
We made offer in early 3/2012 for a home in SAC - CA and sellers OK to our offer in late 3/2012.
All required documents was turned in late 3/2012.
Finally, Chase assigned negotiator in 10/2012 and BPO was completed in late 10/2012.
They also just
Read more…Hi all, I was contacted by an out of state buyer today looking to move into our area. Yay, right? But then she tells me she's just listed her home as a short sale. Her timeline for buying something here? Now. Okay, what am I missing here? She sa
Read more…We are 6+ months into the buying process of a Short Sale. We are dealing directly with the listing agent who in turns is dealing with a RE attorney to negotiate the Short Sale with the bank.
I have a couple questions (I've been reading this Forum al
Right now most borrowers and sellers seem to qualify for this relief, exempting the "income" they earn on the short sale debt forgiveness as taxable income.
This is currently set to expi
I received an offer from a LLC.. Are there any bank restrictions to sell them a short sale? or is better look for a regular buyer? the lender is Bank of America/ Select Portfolio Services.
Read more…I am a buyer on a downtown Chicago short sale owned by Freddie Mac, but serviced by BoA. After our files were accepted July 1, BoA approved our purchase price Sept 1 which is 2.5% over the BPO. September 10, shortly after BoA foreclosed on the prope
Read more…I am looking to review the Arm's Length Affadavit from HSBC. It is impossible to get through to them to obtain one -- anyone closed with them that would have a copy of theirs in your file? Would be super helpful!
Thanks!
Read more…
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