"Bank mortgages typically have clauses that allow them to preserve a property they determine to be abandoned. So yes, they have a right to do it if the property was deemed abandoned by the bank."
Matthew's Discussions
Bank tries to change locks w/o any foreclosure / trustee sale
Started this discussion. Last reply by Smitty Aug 19, 2022. 2 Replies 0 Likes
I have a listing with owner of record having no public notice of sale issued either recorded or published. A contractor for the bank called on my sign and requested access, threatened to break if not…Continue
My Loan Care
Started Sep 30, 2021 0 Replies 0 Likes
This is a servicer question more than a short sale question but love this forum. There's a wealth of knowledge here. My client purchased this home:- Closed 3rd March 2021. Linked…Continue
Phone Number for Loan Modification Department at Wells Fargo?
Started this discussion. Last reply by Alexis Adams Apr 13, 2017. 2 Replies 0 Likes
Anybody know of a loan modification department for wells fargo? Do you have the number by chance? Thanks!Continue
Equipoint Financial Contact Information?
Started Dec 5, 2016 0 Replies 0 Likes
We are trying to acquire a property held by Equipoint Financial. The owner has passed and they hold the Reverse Mortgage. Does anybody have a working phone number for them? and or point of contact,…Continue
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Smitty replied to Matthew's discussion Bank tries to change locks w/o any foreclosure / trustee sale
Phoenix Nest Homes replied to Matthew's discussion Bank tries to change locks w/o any foreclosure / trustee sale
"The only time in NY that happens is if the home is abandoned and looks so. They should not be doing that if the seller is current, working with an agent, and property is secure. Does the property look secure and taken care of ? I…"
Matthew posted a discussion
Bank tries to change locks w/o any foreclosure / trustee sale
I have a listing with owner of record having no public notice of sale issued either recorded or published. A contractor for the bank called on my sign and requested access, threatened to break if not granted. My client said not to provide them access and tells me he's current on loan. Either way delinquent or not, does a bank have any right to force access to a home they don't own?I'm in Arizona, this is a deed of trust, and I cannot find anything in statute / legal code saying they do. I've…See More
Matthew posted a discussion
My Loan Care
This is a servicer question more than a short sale question but love this forum. There's a wealth of knowledge here. My client purchased this home:- Closed 3rd March 2021. Linked HERE- He put down just under 20% on a conventional loan.He's been calling to see if they will drop the PMI. Our sales volume is down to nothing here unfortunately, that aside prices have…See More
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Comment Wall (1 comment)
- At 3:51pm on March 9, 2017,
Richard "RJ" Kas said…
Hello Matthew,
I found you on Short Sale Superstars where I am also a member. I have a situation...I need a "Referral Agent/Agent of Record" for a short sale transaction. I have a local client here in California that owns a property in Tucson, Az. She made a deal with my family (parents) to purchase. I personally am a short sale agent here in Los Angeles and she wants me to handle the entire negotiations with the bank, as this has been my specialty for many years.I have a purchase agreement signed on local CA docs and a full entire short sale package already submitted to the two lenders on record. It is an inexpensive town home. Seller is delinquent on both 1st and 2nd so we have submitted short sales to both lenders, however, the Buyer is prepared for the 1st to decline due to payoff balance so Buyer is willing to pay the 1st in full with penalties, so we are only looking to really short sell the 2nd. Its pretty straight forward.What we are looking for is a referral agent/agent of record since we already have a buyer in place and a contract signed. You provide local paper work as needed and I do all the negotiating with the banks. If you are open to this, I will send you a Broker referral agreement for XXX% and a copy of our Purchase Agreement to be redrafted on Arizona paperwork. I will also ask you for an Escrow/Title company you work with so I can send them a copy of the contract to get an est. hud. I think the only other thing would be to make an appointment with the occupant once lenders want to schedule their bpo.I expect there to be minimal work on your end... I am already on file with the lenders as the 3rd party authorized negotiator. Make sense? Please let me know and if you are willing, I will send over paperwork asap. I need to get an AZ contract back asap to request an Est. HUD from your escrow as requested by the lenders asap. Thank you.Sincerely,
Richard "RJ" Kas
Realtor ® -Consultant -AdvisorColdwell Banker Residential Brokerage | KAS & KAS, Inc.
166 N. Canon Drive
Beverly Hills, CA 90210
(310) 488-9826 | [email protected] | www.rjforla.com
CalBRE # 01352771
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