Received an e-mail from Wells Fargo stating that there are 5 liens on title for my client's home. At time of listing the home I had my title company pull a title commitment and we found 2 liens both are associated with the HOA and I knew this at the
Read more…Has anyone gotten an e-mail from this company DTS or Dignified Transfer Solutions who is teamed up with Bank of America to assign contacts for us to call and door knock???? Anyone else?
Read more…Details:
Sale Date: 09/21/2012
Bank: 1 with Ocwen
SS approved with cash buyer and supposed to close on or by the 18th. Seller still living there, agreed to move out by the 17th, Buyer will come by to walk through before he sign closing docs. 17th c
Read more…I know this has been discussed before, but kinda tired and not finding the discussions I remember!
Have seller with 20k Chase incentive, got the listing and processed the paperwork. Now also have HAFA approval (with price) Like 7 days later (wow) oh
Read more…Hello Superstars,
I am in a single lien situation with a Midland mtg as servicer, lender bought PMI through Radian (of course without my sellers knowledge), with Wells Fargo as the investor.
Home was purchased as owner occupied. They out grew the ho
Read more…I have an owner who has a 1st with Chase and a 2nd with First Bank. The 2nd had a law firm file suit to get a judgment on the owner of approx $60,000. The owner filed a Chapter 7 bankruptcy and received a discharge. The law suit by the 2nd was wiped
Read more…Is there any negative stipulation about short sale one of your relative's property as a listing agent?
Read more…Need recommdation for short sale help in the Maryland area. I have a property listed with BOA/HAFA program. Haven't had any showings for over 6 weeks and BOA has indicated since its under the HAFA program they can't lower the price. Properties are se
Read more…I have been completing about 20-30 short sales per year for the past 4 years. So I am not a newbie. This is the first time I have ever dealt with Round Point Mtg. They came into play and assumed the servicing on many loans that were originally with T
Read more…HELP :) work for a small office and no one is familiar with the wells fargo short sales let alone the equator system and to top it of...this is my first short sale. I did fax in the third party authoirsation form. and registered on the system....c
Read more…Hi Everyone - My office chages fees to negotiate short sales (Dont we all...) - Recently we have been doing lots of HAFA deals and I need some guidance. What do you charge (what do you call the fee and what dollar amount)? Keep this post up (and mark
Read more…I am in a process of initiating a short-sale with Wells Fargo and I need the following forms: 1. Short-sale affidavit (Is this the FHA short-sale affidavit?) 2. Borrower's assistance form I have checked the Wells Fargo GRoup and I could not find th
Read more…Investor: Freddie Mac
Servicer: Wells Fargo
We have received an offer for $78,000 which the seller accepted. The negotiator for Wells Fargo countered the price at $85,000. I managed to get the buyer up to the $85,000 which is the absolute highes
Read more…Hello Everyone, I'm new to your group, but have been selling/working short sales for about 4 years now with a fairly successful closing percentage, but have not had one with a Credit Union, until now.
The experience in the first 10 days has been unus
Read more…Just had a HAFA and traditional sale assigned to LRC (Loan Resolution Corporation). In the past, only Co-op and HAFA short sales would get assigned to third parties. Companies such as LRC, UTLS, etc would take up to 3x as long as Bank of America. Hol
Read more…I have a FHA SS right now with BoA, and here is the situation:
-owner is retired with pension and social security for income = about $2800/month
-owner have a scheduled monthly payment to IRS about $1400/month for the next 3 years
-owner was in a loa
Read more…True to their word I had one also they paid the Full 6% commission then gave my seller $30000.00 Plus $3000.00 hafa there was also a 2nd for 20000.00 they contributed $6000.00 my seller paid $14000.00 we all closed Escrow with Big Smiles
Read more…I'm a buyer who was told my first offer was rejected by us bank. We've asked the selling agent a few times for the rejection letter, but he hasn't produced it. We've now made a much higher offer, which the sellers now mysteriously don't want to sign
Read more…Quick question, I have 2 offers on a listing right now that is virtually identical, with the only difference of 1 saying they will down more than the other, but he sent me an offer with electronic signature on it and I am not too sure if this is allo
Read more…I have a client in his mid 60's eligible to retire and can currently afford home but when he retires soon, will not be able to afford home. He is underwater on the mortgage, over $100k and took money out of his 401k $37k to buy the home in the beginn
Read more…
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