Brett Goldsmith
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Brett Goldsmith's Discussions

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

USDA LOAN CURRENT GUIDELINES

Started this discussion. Last reply by Justin Berry Mar 13, 2017. 1 Reply

Is it possible to for a USDA short sale to be approved if borrower is facing imminent default or is there a hard set guideline that the account MUST be delinquent?Continue

 

Brett Goldsmith's Page

Latest Activity

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
Brett Goldsmith joined Maya Thomas's group
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Specialized Loan Services LLC

Incredibly nice and accessible people. Contact was Monica phone (800) 306-6059 fax (720) 241-7526 SLS Customer Resolution.See More
Nov 18
Kristin Autry joined Brett Goldsmith's group
Sep 16
Brett Goldsmith replied to Liesa Gubista's discussion New one....Short sale while seller remains current on loan?
"Who's the investor? If he does a short sale while current, his credit still gets dinged big time. It's hit or miss if they allow a short sale while current. It's based on guidelines and if you can show imminent default. He may want to…"
Sep 7
Brett Goldsmith replied to Terri Barrow's discussion Quicken Loans short sale - Any Advice?
"Hello, Quicken does not use equator. They process short sales the traditional way. Do you know who the investor or insurer on the note is? [email protected] www.ishortsalenow.com 310-564-6389"
Aug 26
Brett Goldsmith replied to Terri Barrow's discussion Need SERIOUS ADVICE
"Typically you can't negotiate home improvement liens that are baked into property taxes. The new buyer likely needs to take the property subject to that lien. This should be  baked into the offer. Hopefully the buyer can get a good deal…"
Aug 10
Elva Branson-Lee commented on Brett Goldsmith's blog post SPS / Chase Backed Asset
"Thanks for this info, Brett."
Jul 21
Chad Gelsinger joined Brett Goldsmith's group
Jul 8
Brett Goldsmith joined TOP END Properties's group
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TD Bank

Information For TD Bank Short Sales.See More
Jun 9
Brett Goldsmith joined Tiffany Alleshouse's group
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Celink

Was Financial FreedomShort Sale Phone # 800-441-4428 Option 3Short Sale Fax # 866-557-1224Authorization Fax # 866-447-2022A short sale package will be emailed to you once you call and request it.See More
Jun 9
Brett Goldsmith commented on Brett Goldsmith's group Caliber Home Loans
"Putting this here as this servicer guideline catches many people off guard. - Caliber does not entertain Short Sale applications on any non government loans (FNMA, FHLMC, FHA VA or USDA loans.)"
Jun 9
Brett Goldsmith replied to Nicole Espinosa's discussion HomeLoan Serv
"Is this a smaller servicing? Don't think I've ran across them over the years. I'm sure you have already, but have you spoken to a floor manager or the assigned reps supervisor to see if you can establish a more reliable POC? I tried…"
Jun 4
Brett Goldsmith liked Nicole Espinosa's discussion HomeLoan Serv
Jun 4
Brett Goldsmith commented on Stephanie Lim's group FHA - HUD Short Sales
"I think that people who remain unemployed will be screwed and that many o thers who get pay cuts will run into trouble when it comes to a repayment plan or loan modifications. I feel many people who's income go back to normal likely will face…"
May 14
Brett Goldsmith commented on Stephanie Lim's group FHA - HUD Short Sales
"You'd need to reach out to a HUD representative If you don't know any you can email then you need to open a ticket at NOVAD to have one reach out to you. The general concept is that once it's 40 months past due that it's a hard…"
May 13
Brett Goldsmith commented on Stephanie Lim's group FHA - HUD Short Sales
"@Bill, most reps are unaware of that guideline. HUD will decline this file when a variance to open the PFS program is submitted. Never seen a variance for the 40month rule once it began to be enforced. The file is likely a waste of time and this…"
May 13

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 6:55pm 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 9:00am 0 Comments

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 8:08am 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 3:34pm 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 8:45am 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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