Started this discussion. Last reply by Bryant Tutas Sep 6, 2014. 1 Reply 0 Likes
On the Request for Mortgage Assistance, form does a seller need to include info regarding income from S-corp and assets in an LLC (with different names than borrowers)? S-corp and LLC info flows…Continue
Started this discussion. Last reply by Ron Scribner May 23, 2013. 6 Replies 0 Likes
Does anyone know what's happening regarding guideline changes on May 28, 2013?I just received a short sale approval letter, saying we have to close escrow by May 28 (that's in 7 days!) even though…Continue
Started this discussion. Last reply by Katherine Muhs May 22, 2013. 2 Replies 0 Likes
Just received a short sale approval letter stating escrow has to close no later than May 28, 2013 (in 7 days!). Negotiator states it's because of "...some upcoming guideline changes" so they're not…Continue
Started this discussion. Last reply by Debbie Parkans Sep 4, 2012. 19 Replies 0 Likes
I just had a BofA negotiator tell me that we HAVE to close escrow on our short sale 1 week before the upcoming scheduled trustee sale (Calif) because the investor (Bank of NY Mellon) won't postpone…Continue
Posted on December 27, 2011 at 6:48am 3 Comments 0 Likes
I just found out the broker that did the BPO on one of my short sale listings (bank is Chase/Wachovia) is not a member of the MLS where the property is located. In fact I've never known him to do business in my area (he's about 45 miles away) and isn't even a full-time or part-time agent in his own area. The 3d party company that hired him to do the BPO states specifically "Do not accept this BPO if you are not a member of the MLS." But the broker did. What would you do: wait and see what…
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