Brett Goldsmith
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Brett Goldsmith's Discussions

Are you seeing an uptick in short sales or foreclosures in your area?

Started this discussion. Last reply by Lisa Nishioka Feb 3. 6 Replies

We are starting to notice an uptick now that many forbearance plans have ended. How about you?Continue

Fay Servicing Escalation Contact

Started Sep 4, 2019 0 Replies

Any Fay Servicing Escalation Contacts?Continue

Anyone have a Bayview escalation contact?

Started Mar 13, 2018 0 Replies

Anyone have a Bayview escalation contact?Continue

SLS Escalation Contact

Started Feb 15, 2018 0 Replies

Any high level SLS escalation contacts? Urgent situation and need another pair of eyes to assist.Continue

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Brett Goldsmith's Page

Latest Activity

Brett Goldsmith posted a group
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Productivity Tools & Deals For Real Estate

Tools for real estate professionals to use!See More
Feb 6
0 Comments
Bion Grady joined Brett Goldsmith's group
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Georgia Short Sales

Feb 6
0 Comments
Alberto Soliz replied to Brett Goldsmith's discussion Are you seeing an uptick in short sales or foreclosures in your area?
"Yes, I work ny qns bk bx lis pendens list. Noticing investors are using new small law offices my guess is the big firms have too much on their plate from 2009 index #'s and up. Covid bubble  "
Jan 20
Brett Goldsmith replied to Brenda Mull's discussion Real Time Resolution
"It varies based on their position. I've had them in 2nd position at least 30-50 times in my career. T hey generally want more than a standard second lien holder, but there is often some wiggle room."
Jan 20
Brett Goldsmith replied to Edwin Baloloy's discussion Newrez (PHH) & Real Time Resolutions - short payoff allowed even if 1st isn't short? Current allowed contributions to Jr liens
"How much is the home worth? You likely won't be able to short the first if they have a full equity position. No, you won't be able to have the seller receive proceeds. You likely need to give the IRS 0 and short RTR and the 3rd mortgage.…"
Jan 12
Brett Goldsmith replied to mateo mateo owen's discussion How do I get a Payslip/Pay Stub??
"Ask the borrower to provide a copy. These are items the borrower should be providing as part of their short sale package. If it doesn't exist then you'd write a LOE regarding this."
Oct 6, 2022
Lisa Nishioka joined Brett Goldsmith's group
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Caliber Home Loans

Apr 27, 2022
1 Comment
Angie Morris replied to Brett Goldsmith's discussion Are you seeing an uptick in short sales or foreclosures in your area?
"I sent out 11 pre-foreclosure letters last week...they are still happening in the Nashville market but banks aren't listing them so not seeing any on the market as of yet"
Mar 1, 2022
Phoenix Nest Homes replied to Brett Goldsmith's discussion Are you seeing an uptick in short sales or foreclosures in your area?
"It seems so here in NY.  I have noticed a huge increase of inquiries."
Feb 22, 2022
Judith Sailors replied to Brett Goldsmith's discussion Are you seeing an uptick in short sales or foreclosures in your area?
"Southern CA, no not yet."
Feb 7, 2022
Minna Reid replied to Brett Goldsmith's discussion Are you seeing an uptick in short sales or foreclosures in your area?
"I work two markets. CT - sharp uptick in calls in past few weeks. Jacksonville FL - no change. "
Sep 1, 2021
Brett Goldsmith replied to Samantha Cote's discussion Pre Approved Short Sales......anyone heard of this?
"Most agents don't know much about short sales, so this term can be very misleading and you need clarification. At times they use this term when simply they are " pre approved for a review ". Other times they could meant he deal was…"
Jul 12, 2021
Brett Goldsmith posted a discussion

Are you seeing an uptick in short sales or foreclosures in your area?

We are starting to notice an uptick now that many forbearance plans have ended. How about you?See More
Jun 3, 2021
6 Comments
Brett Goldsmith commented on Barbara Wing's blog post NOVAD REVERSE MORTGAGE
"Hi there. No, the house needs to be vacant or you need a letter stating they are moving out of the house for a reverse mortgage short sale. Novad is HUD's national servicing. They will accept an offer at 95% of the appraised value. Reach out…"
Feb 13, 2021
Brett Goldsmith replied to Bob Reinhard's discussion Evictions/Foreclosure Moratorium ending - Covid-19
"Will come gradually over time once the moratorium is lifted. Those who are not able to get back on track will eventually have foreclosure initiated on them."
Dec 21, 2020
Brett Goldsmith replied to Neil L.'s discussion URGENT: SLS forcing use of Auction.com now? in the group Specialized Loan Services LLC
"Typically you can't. They can deny the seller for a short sale for not cooperating. Mr Cooper does this often. If they did a value and if the offer is in line with the value, then you might be able to bypass it."
Nov 18, 2020

Profile Information

First Name
Brett
Last Name
Goldsmith
Are you a...
3rd Party Negotiator
State
California
City
Woodland Hills
My Profile
My name is Brett Goldsmith I'm the CEO of Short Sale Superstars. You can also find me at www.ishortsalenow.com. I am a partner who oversees a team of real estate professionals that specialize in short sales, loan modifications, and 2nd lien settlements.

Our brokerage is partnered with attorneys, which allow us to give stronger services in all areas of real estate. Since the 2007 pop of the mortgage bubble we have been able to help thousands of struggling homeowners as well as those buyers and sellers that are not struggling at all. We have worked hard to go above and beyond to bring the main street client better communication, knowledge, experience, and a sense of dedication to their case. Although we work a large number of cases, we take great pride in our customer service and making each client's voice heard. If you're interested in anymore information regarding specific programs and services offered please feel free to send me an email at [email protected] or call me at 310-564-6389. My door is always open and thank you in advance for the opportunity to serve and meet your needs.

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At 2:55pm on October 12, 2015, Kelly Magreevy said…

Hi Brett,

I have been working on a short sale since February, Fannie Mae is investor, was told today that my seller is not eligible because he is not delinquent on his mortgage payments. He is a veteran that retired from the air force and had to move to Wisconsin. He got a job as a postal worker and has a security clearance. I had heard that once he misses the 31 days of  his mortgage payment that Fannie Mae will grant the short sale. The junior lienholder is Chase who has been very responsive. What should I tell this AF veteran to do? Thanks for your help with this. 

Brett Goldsmith's Blog

Short Sale Vs Short Pay Off

Posted on April 22, 2020 at 5:00am 1 Comment

You often hear the term Short Sale and Short Pay. They both are programs that involve a servicer review and a that a lien holder is being shorted and taking a loss on the mortgage payoff. They are similar in that nature but the outcome is distinguished as one program transfers the home to a new purchaser and the other is a designed for a borrower to retain ownership of their home.

In a short sale you are going through a detailed review with the mortgage servicer(s) and lien holders to…

Continue

SPS / Chase Backed Asset

Posted on October 31, 2019 at 4:08am 2 Comments

Hey everyone!

If you haven't run into this yet, be aware that Select Portfolio Servicing (SPS) with Chase backed assets have a new guideline that can throw a wrench in the transaction. They are only allowing one short sale review! Meaning that if the buyer walks or if the deal is denied for a low offer, you won't be able to try again.

I had an approval and the buyer walked then they would not allow us to submit at the same terms due to this guideline. We also had a…

Continue

Short Sale Questions Or Help?

Posted on July 15, 2019 at 11:34am 0 Comments

If you need short sale help or have questions about a specific short sale transaction please reach out to our community of specialists at 1-888-664-6964. We are happy to answer any questions and help point you in the right direction to accomplish your goals.

Nationstar is now Mr. Cooper!

Posted on September 12, 2017 at 4:45am 1 Comment

Nationstar is now Mr. Cooper! They do have a new Mr. Cooper letterhead authorization letter and they are still utilizing equator. Nothing internally has changed to our understanding of the short sale process for now. This was a move to re-brand the company.

[email protected]

310-564-6389

www.ishortsalenow.com

 
 
 

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