EverHome Short Sales Discussions - Short Sale Superstars2024-03-28T15:00:08Zhttps://shortsalesuperstars.com/group/everhomeshortsales/forum?feed=yes&xn_auth=noApproved Short Sale but now loan has been sold.... WHAT?tag:shortsalesuperstars.com,2014-05-04:3468065:Topic:3489872014-05-04T21:13:03.768ZJane Cooperhttps://shortsalesuperstars.com/profile/JaneCooper
<p><span>I have an approved short sale with Everhome set to close on 5/19. Original offer price was $179,900... Everhome countered with $200,000 but I knew it would not appraise for this.... Buyer came up to $182,500 as a gesture and deal was approved. Appraisal came in $180,000... When I called them on Friday to discuss appraisal issue they said the loan was sold to Green Tree... Questions:<br></br> Has anyone ever had luck getting them to retain the loan so we can close? <br></br> And, will they…</span></p>
<p><span>I have an approved short sale with Everhome set to close on 5/19. Original offer price was $179,900... Everhome countered with $200,000 but I knew it would not appraise for this.... Buyer came up to $182,500 as a gesture and deal was approved. Appraisal came in $180,000... When I called them on Friday to discuss appraisal issue they said the loan was sold to Green Tree... Questions:<br/> Has anyone ever had luck getting them to retain the loan so we can close? <br/> And, will they reduce the approval price due to low appraisal?<br/>Fannie is investor - will it help to go directly to them?</span></p>
<p><span>Thanks much!</span></p> Fannie Mae/EVERHOME - Escalation informationtag:shortsalesuperstars.com,2014-03-12:3468065:Topic:3460082014-03-12T22:10:14.584ZMariana Molinahttps://shortsalesuperstars.com/profile/carloscalvillo
<p>I have a listing in California previously with two other servicers in the past, once in the final stage of approval at 175K, buyer's walked since it took too long. I resubmitted in 9/13 for $185K offer it was declined with a counter at $240k. In January received an email the file has been transfer to Fannie Mae. Seller's were considering attorney litigation but due to the cost, want to continue the short sale, buyer still interested I contacted Everhome and negotiator said to contact Fannie…</p>
<p>I have a listing in California previously with two other servicers in the past, once in the final stage of approval at 175K, buyer's walked since it took too long. I resubmitted in 9/13 for $185K offer it was declined with a counter at $240k. In January received an email the file has been transfer to Fannie Mae. Seller's were considering attorney litigation but due to the cost, want to continue the short sale, buyer still interested I contacted Everhome and negotiator said to contact Fannie Mae escalation for review of price sent the CMA from July to Sept. at the time the offer was submitted and received an email Fannie Mae now wants a CMA with current values, not from 6 months ago. Buyer will not increase price since this house has HOA lien for $20,000 and he will not consider paying $240,000 plus the $20K lien. Values in 9/13 were in the $185K. <strong>I do not know how I can make Fannie Mae understand the current prices are higher since they are flips or standard sale and buyer's are paying higher prices. I do not have any other offers on this property</strong>. Seller's is aware Fannie Mae Evaluations are causing unnecessary foreclosures. HOA has filed a NOTICE OF TRUSTEE SALE AS OF 4/5/14. PLEASE NEED SOMEONE'S INPUT AND ANY CONTACTS IN EVERHOME ANY ADVISE WILL BE GREATLY APPRECIATED. THANK YOU</p> Everhome Offer 109K above offer on short sale!tag:shortsalesuperstars.com,2013-12-29:3468065:Topic:3407732013-12-29T15:10:29.590ZMark Gottliebhttps://shortsalesuperstars.com/profile/MarkGottlieb
<p>In September 2013, we made an offer on a house in our town Little Ferry, NJ. It was a short sale listed at 215K, we offered 205K in cash with proof of funds since there might be some work needed. We have not had a formal inspection subject to the offer being accepted. The house is located in a flood zone, and may have had minimal damage from Hurricane Sandy. The realtor told us the sellers wanted to be out by the end of year. Our offer was accepted by the seller. We were waiting to hear from…</p>
<p>In September 2013, we made an offer on a house in our town Little Ferry, NJ. It was a short sale listed at 215K, we offered 205K in cash with proof of funds since there might be some work needed. We have not had a formal inspection subject to the offer being accepted. The house is located in a flood zone, and may have had minimal damage from Hurricane Sandy. The realtor told us the sellers wanted to be out by the end of year. Our offer was accepted by the seller. We were waiting to hear from the bank, which we were told was Bank of America.</p>
<p>Nothing happened until mid December when we got in contact with our realtor. We gave an end of the year deadline. Then we heard that the BPO inspection was to be the next day. After that the realtor told us we would get a "nice price". Then we found out the mortgage was with Everhome and they were waiting for the investors approval. </p>
<p></p>
<p>The next thing we heard was a response from Everhome with a offer of 313K, which was way over what anything comparable in this town. Our realtor was shocked but asked if we wanted to counter offer. We said no, she contacted Everhome with a CMA containg three comparables all inline or lower than our offer.</p>
<p></p>
<p>Any suggestions? We would like the house but at a fair price. If our offer is not accepted, which appears to be the case, the nice family living there will most likely we believed be foreclosed. We am not sure what Everhome has to gain from this, and have no idea where they came up with the 313K offer. </p> Everhometag:shortsalesuperstars.com,2013-07-02:3468065:Topic:3217492013-07-02T16:34:19.937ZRoJane Maybeehttps://shortsalesuperstars.com/profile/RoJaneMaybee
<p>I am beginning a transaction with Everhome. Does anyone have their contact information....fax to send in authorization -- any contacts would be appreciated. Thanks!</p>
<p>I am beginning a transaction with Everhome. Does anyone have their contact information....fax to send in authorization -- any contacts would be appreciated. Thanks!</p> EVERHOME MORTGAGE SHORTSALE NIGHTMARE/HELP NEEDED PLEASE?????tag:shortsalesuperstars.com,2013-01-28:3468065:Topic:2928572013-01-28T20:58:54.313ZVeronicahttps://shortsalesuperstars.com/profile/Veronica66
<p>I have a short sale listing where Everhome is the mortgage company.... 1 loan... and clients moved out of the state of california to wyoming due to job moves. long story short, 8 months later, my client's original loan was 225000. The house is currently worth 200,000. There is ONLY 1 loan and i've been getting the run around for months on end and the buyers are ready to walk... can anyone HELP ME PLEASE or any suggestions?????</p>
<p>I have a short sale listing where Everhome is the mortgage company.... 1 loan... and clients moved out of the state of california to wyoming due to job moves. long story short, 8 months later, my client's original loan was 225000. The house is currently worth 200,000. There is ONLY 1 loan and i've been getting the run around for months on end and the buyers are ready to walk... can anyone HELP ME PLEASE or any suggestions?????</p> Everhome as a 2nd Mortgage on a short saletag:shortsalesuperstars.com,2012-09-11:3468065:Topic:2645212012-09-11T03:46:36.231ZDenis Greatenshttps://shortsalesuperstars.com/profile/DenisGreatens
<p></p>
<p>I have a client who, like many these days is selling their home as a short sale, has two mortgages, and a full priced offer.</p>
<p>The first bank is on board, but Everhome appears to be dragging their feet, the file keeps getting reassigned, misplaced, and frequent updates are requested - how can I escalate this file with everhome?</p>
<p></p>
<p>I have a client who, like many these days is selling their home as a short sale, has two mortgages, and a full priced offer.</p>
<p>The first bank is on board, but Everhome appears to be dragging their feet, the file keeps getting reassigned, misplaced, and frequent updates are requested - how can I escalate this file with everhome?</p> Everhome Wants to Charge Seller $1800 To Stop Foreclosuretag:shortsalesuperstars.com,2012-06-29:3468065:Topic:2459882012-06-29T20:04:43.991ZGwendolyn Harveyhttps://shortsalesuperstars.com/profile/GwendolynHarvey
<p>I am the listing agent and my client is doing a short sale. We have just been advised by Everhome inorder to stop their foreclosure next Tuesday, the seller will need to pay a fee of $1800 for the attorney to stop it. Plus, they want to increase the sales price of the property by $7000. This is really crazy that the bank wants the seller to pay them $1800. If that was the case, the seller could probably pay on their mortgage. We have been working on the file since March. Can someone please…</p>
<p>I am the listing agent and my client is doing a short sale. We have just been advised by Everhome inorder to stop their foreclosure next Tuesday, the seller will need to pay a fee of $1800 for the attorney to stop it. Plus, they want to increase the sales price of the property by $7000. This is really crazy that the bank wants the seller to pay them $1800. If that was the case, the seller could probably pay on their mortgage. We have been working on the file since March. Can someone please tell me if there is anything that can be done about this. We are not trying to have this property go into foreclosure.</p>
<p> </p>
<p>Thanks,</p>
<p>Gwen Harvey</p>
<p>Solid Source Realty GA</p> Mortgage Payments Are Currenttag:shortsalesuperstars.com,2012-01-29:3468065:Topic:2084422012-01-29T17:41:15.819ZGwendolyn Harveyhttps://shortsalesuperstars.com/profile/GwendolynHarvey
<p>I have a seller interested in listing their home. Presently, they are current on their mortgage. Will the bank approve the short sale if they are current? I thought that they would have to stop making payments at least 30 days before the banks actually approves the short sale if they have an offer. Is this true, if not what are the guidelines when sellers are current on their payments.</p>
<p>I have a seller interested in listing their home. Presently, they are current on their mortgage. Will the bank approve the short sale if they are current? I thought that they would have to stop making payments at least 30 days before the banks actually approves the short sale if they have an offer. Is this true, if not what are the guidelines when sellers are current on their payments.</p> Mortgage insurance by "GENWORTH" stating $16,135 need to be given for short to occur.tag:shortsalesuperstars.com,2011-04-27:3468065:Topic:961162011-04-27T15:08:01.442ZJoshua Maciashttps://shortsalesuperstars.com/profile/JoshuaMacias
<p>All,</p>
<p> </p>
<p>I am in need of some insight on this situation. How have you rebutted to the request from a Mortgage Insurer's comment to "make a cash /prom note contribution" in order for the short sale to be approved? The negotiator came to me with a minimum NET which they would accept, I met those terms then she came back to me with this stating that my client had to come up with $16,000 in cash. </p>
<p> </p>
<p>How can they think my client has this cash available and to place…</p>
<p>All,</p>
<p> </p>
<p>I am in need of some insight on this situation. How have you rebutted to the request from a Mortgage Insurer's comment to "make a cash /prom note contribution" in order for the short sale to be approved? The negotiator came to me with a minimum NET which they would accept, I met those terms then she came back to me with this stating that my client had to come up with $16,000 in cash. </p>
<p> </p>
<p>How can they think my client has this cash available and to place them in another hardship status? They are military and the hardship was caused by orders to the West Coast. I asked for clarification if they will take a note and the terms and what that meant. Waiting to hear back from GENWORTH as to what they expect.</p>
<p> </p>
<p>Any help would be appreciated!</p>
<p> </p>
<p>Best Regards,</p>
<p> </p>
<p> </p>
<p><b>Joshua Blum Macias</b></p>
<p>“Real Estate is about People not Brick and mortar”</p>
<p>Agent - Keller Williams Realty</p>
<p>President - JEB Development</p>
<p>757-289-3689 - DIRECT</p>
<p>757-204-2033 – EFAX</p>
<p>757-233-2420 – FAX</p>
<p><a href="http://www.kwtechagent.com">www.kwtechagent.com</a></p>
<p><a href="http://www.joshuamacias.info">www.joshuamacias.info</a></p>
<p> </p>
<p> </p> EverHome Loss Mitt Has No Clue About HAFA Short Sales -- Need Sr Mgmt Contact!tag:shortsalesuperstars.com,2010-11-16:3468065:Topic:588392010-11-16T20:35:50.426ZBarbara Thomashttps://shortsalesuperstars.com/profile/BarbaraThomas
<p>The Sellers contacted EverHome and were sent a "Non-retention Package", which they completed fully and submitted on October 12th by fax <have fax receipt>. The cover fax page clearly requested a HAFA short sale. We do know that Fannie Mae guidelines state that they will not consider a homeowner for HAFA short sale if the request is made less than 60 days prior to a scheduled foreclosure sale date. But our October 12th submission was clearly outside of the 60-day…</p>
<p>The Sellers contacted EverHome and were sent a "Non-retention Package", which they completed fully and submitted on October 12th by fax <have fax receipt>. The cover fax page clearly requested a HAFA short sale. We do know that Fannie Mae guidelines state that they will not consider a homeowner for HAFA short sale if the request is made less than 60 days prior to a scheduled foreclosure sale date. But our October 12th submission was clearly outside of the 60-day period.</p>
<p> </p>
<p>The cover page of EverHome's non-retention package even says, "You may even qualify for $3000.00 Cash Back." Which comes directly from a HAFA short sale program.</p>
<p> </p>
<p>Repeated attempts to engage the Negotiator have involved responses such as "I process my files in the order I receive them, etc." When we have attempted to point out that HAFA has timelines that both the servicer and the borrower must comply with, they have ignored us.</p>
<p> </p>
<p>We finally got 2 different supervisors on the phone today, and they tried to tell us that (1) they can't do anything with a HAFA short sale file request if there is no offer, and (2) they have no obligation to forestall any foreclosure proceedings. Both of these assertions are just plain WRONG.</p>
<p> </p>
<p>We finally got the supervisor to look up Fannie Mae's Servicing Guide 1007 ("Introduction of Fannie Mae's Home Affordable Foreclosure Alternatives Program" and she did acknowledge that an offer is not required for a homeowner to be considered for HAFA. However, she is apparently just referring everything back to the Negotiator.</p>
<p> </p>
<p>Ready to tear my hair out. Does anybody have a senior management contact at EverHome that we can contact to try to get this train back on its track??</p>
<p> </p>
<p>Thanks so much for any assistance!</p>
<p> </p>
<p> </p>