Ditech ( Formerly Green Tree )
Information
Green Tree Short Sale Information
Click The Button Now To Hire A Short Sale Superstar To Support You.
Website: https://www.ditech.com/
Loss Mitigation - 855-395-8566
Recovery Dept. 800-643-0202
Direct SS FAX for Authorizations and packages.Fax is 877-612-2422
Short Sale Fax 1-877-612-2422 or 1-866-870-9919.
Alternate Fax 1-877-612-2422
Alternate Number 1-800-474-3918 - Short Sales
ESCALATION: CORPORATE COMPLIANCE DEPT. The office number is 800-839-9188 and the fax number is 866-210-6192.
Discussion Forum
seller incentive with 2nd?
Started by Luther Fisher. Last reply by Luther Fisher Feb 21, 2019. 2 Replies 0 Likes
I've got a situation where it appears we will have to do a short sale. 1st is with PNC and 2nd is with ditech. The ditech 2nd would have to take the discount. Would there still be any incentive…Continue
Ditech SS apprival letter gives 7 days to close
Started by Jackie Gonzalez. Last reply by Ben Benita Jun 16, 2017. 3 Replies 0 Likes
This is the 2nd time the seller's agent gave a ss approval letter with a 7-day approval to close. Need at least 2 weeks to close. Bank has list of work that needs to be done and title company wont…Continue
FNMA/Ditech counter offer too high
Started by Jackie Gonzalez. Last reply by London Cox Aug 29, 2016. 4 Replies 0 Likes
The present buyer is backing out due to too high counter offer. The house was listed at $181k and is now at $134,500 after 5 months on the market and no offers. Needs extensive work due to deferred…Continue
Short sale after the association foreclosed on the property.
Started by Russ Trinidad. Last reply by Russ Trinidad Jun 5, 2015. 3 Replies 0 Likes
Does anyone know if this is possible? The property is a townhouse in Hawaii. The association foreclosed on nonpayment of maintenance fees. It’s a fannie mae owned loan and serviced by green tree.…Continue
Comment Wall
Comment
-
Comment by John Edelman on April 5, 2010 at 11:51am
-
Yea - I know he is their manager and has to approve everything.
-
Comment by Dave Gubler on April 5, 2010 at 11:49am
-
Deonka Chatman (but really Chris Poorten).
-
-
who was your negotiator
-
-
Amazing, just received my GT approval too.
-
-
Great news John! I will have mine soon too I hope.
-
-
I agree with you sentiments exactly. It is hard for me to believe that he is representing the "face" of the company. I have had my "discussions" with him in the past and came away with the same feelings as you have shared. If I had someone like that working for me - he would be gone so fast, he would have to chase his butt out the door. Side note: While I have been tying this, I just received a short sale approval letter from Greentree.
-
Comment by Ben Benita on April 5, 2010 at 11:16am
-
David, keep in mind Greentree has ZERO ZILCH and in Spanish "NADA" motivation to get the short sale completed (no servicers have a motivaiton to get these done).
Greentree is only a "Loan Servicing Company".....the get paid by the investor as long as the property does not get sold or go to foreclosure.
WORST OF ALL -- when payments are late, they often earn DOUBLE THE SERVICING FEES!!!
Also of note, "Servicers" get paid even when the Seller is not making payments.
Again, ZERO motivation to be helpful.
From a business standpoint -- can't blame them, how hard would you, or anyone, work to get rid of a client/revenue source?
Best course of action, call the Greentree corporate office in Minnesota.....
hang in there, keep fighting for your client!!!
-
-
I must say... interaction with Chris Poorten so far is disappointing to say the least. Extremely hostile and sarcastic. Costing his employer, Green Tree, money with his approach to short sale negotiation. I am never offended by shrewd negotiators that are trying to get as much money for their institution as possible (that is their job after all) but this gentleman's inability to follow the details of a transaction and work toward a mutually beneficial resolution stands out even in this industry.
-
Comment by Paola Martinsen on March 30, 2010 at 3:44am
-
Im working with GT as a second and GMAC as the first. GMAC gave GT 5% so we are good. Lenders will allow 5%, the numbers still have to work for them. Otherwise they wont. Im also workign with GT on a first. So far so good.
-
-
I am dealing with them now- and they typically want 5% if the sales price. We were able to offer this amount to them - with the buyer making a significant contribution - but I have not seen the approval letter yet - so don't know if I am out of the woods.
© 2024 Created by Short Sale Superstars LLC.
Powered by
**********************************
like buttons
You need to be a member of Ditech ( Formerly Green Tree ) to add comments!