Help Me! Discussions (268)

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need help quick please

I have a short sale involving First Franklin and Nationpoint.Does it make sense that Nationpoint originated this loan and they loaned 40k a…

Started by Mary Wilcox

4 Mar 1, 2010
Reply by Teresa Turner

Multiple Offers On A Short Sale Already In Review.

What do you guys do when you submit a complete short sale package (with offer) and a week or two later you get another offer. Do you submit…

Started by Mori Langshaw Sr

13 Feb 24, 2010
Reply by Paola Martinsen

Need some advice as to how to negotiate a short sale when the second loan (Equity loan) is foreclosing?

Here’s the situation – I just lock up a short sale where the 2nd lien, the home equity loan w/ B of A is foreclosing on the property ($95K)…

Started by G. Mitchell

3 Feb 22, 2010
Reply by Kent Dills

Chase owns 1st & 2nd & last minute 2nd wants promissory note signed...

I am suppose to close a short sale in 2 weeks and all has gone great until now. 1st & 2nd are both with Chase. First approved and 2nd a…

Started by Sandra Early

16 Feb 20, 2010
Reply by Janet Nation

Short sale Listing- Should I take this Listing or Run .. OMG is BoA

    I got a referral from a very good past client.. A friend in trouble need to sell house asap- as short sale, however the lender already…

Started by Keji Ogunleye

1 Feb 20, 2010
Reply by Janet Nation

Deficiency Judgments in California?

I just had 2 separate investors (one who I just rec'd the BofA approval on his short sale yesterday) both ask me about deficiency judgement…

Started by Shelly Long

8 Feb 17, 2010
Reply by David Dee

any suggestion on overcoming HUD's 18 month owner occupancy rule?

FHA short sale with GMAC-foreclosure date is Jan. 5 2010. Submitted complete Short Sale package to GMAC loss mitigation last week-they have…

Started by Christy Cole

4 Feb 17, 2010
Reply by Dawn Maloney

Short Sale Closing Advice

I am in the final throws of a short sale. The purchase agreement was presentd in June 2009, at that time I was informed the sellers where g…

Started by LCW

4 Feb 14, 2010
Reply by Brian Peters Jr

Any Advice on how to negotiate mechanics liens for a Short Sale

I'd need some advice on strategies for negotiating 2nd & 3rd mechanic liens totaling $23,000 for a $350,000 Short Sale? Does anyone hav…

Started by G. Mitchell

4 Feb 14, 2010
Reply by Brian Peters Jr

No hardship but very upside-down rental property

I have clients who want to attempt a short sale on their rental property. They paid about $600k and now it is worth $400k, after their rent…

Started by Stephanie Anderson

5 Feb 5, 2010
Reply by Stephanie Anderson

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