GMAC Discussions (82)

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Need Executive contact for GMAC and HUD

HUD approved short sale with GMAC. Cold weather caused pipes to freeze. GMAC was to have property winterized and "forgot" with plenty of no…

Started by Jeff Struchen

0 Feb 9, 2011

GMAC & Foreclosure date

I have to say I was a bit worried about a foreclosure date on my listing next week.  I had sent the full short sale package (including offe…

Started by Brigitte Mueller

0 Jan 13, 2011

SHORT SALE DENIED... "SELLER CAN AFFORD THE PAYMENT" is seller being punished because he is honest?

WHAT DO YOU THINK?    owner denied because he "can afford the payment".  Seven months into the listing, 12 showings, total reductions, $300…

Started by Mary Lou Burton

1 Dec 30, 2010
Reply by Jeff Payne

Disputing BPO Value with GMAC

I have been working with GMAC on a short sale for a few months, but am up against a foreclosure sale date of 12/28/10.  Their BPO came in a…

Started by Robin M. Willis

1 Dec 20, 2010
Reply by Mary Lou Burton

GMAC -- buyer is buyer's agent

Hi all,   I am buying a shortsale here in CA and I am also the "buyer's agent" on the deal.   GMAC has just stated that the investor will n…

Started by John Forni

3 Dec 14, 2010
Reply by John Forni

Equator File Set-up

e-mail - [email protected]

Started by Kevin - Greenville, SC

0 Dec 12, 2010

GMAC/Equator letter to homeowner

I just listed a new short sale with a 1st serviced by GMAC. My homeowner got a letter from the servicer suggesting that the homeowner try t…

Started by DanaVoelzke

3 Nov 18, 2010
Reply by Maria De Leon

$100k HOA assessment! GMAC 1st and Wells 2nd

I have just taken a short sale listing where the HOA assessment is $100,000.  Has anyone has this experience with such a large assessment?…

Started by Kristine Halverson

2 Nov 16, 2010
Reply by Kristine Halverson

commissions and BPO

Has anyone been able to get more than 3% from GMAC when representing both parties to the sale? I have been trying to get a look at the BPO…

Started by Michael Carlisle

5 Nov 7, 2010
Reply by Victoria Frieberg

How hard to push back on Commission Fee?

I recently turned in a short sale offer to GMAC that has now been accepted contingent on the commission being dropped from 6% to 3.8% that…

Started by Cory Kauffman

4 Nov 3, 2010
Reply by Jeff Payne

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