Matthew Jeschke
  • Sahuarita, AZ
  • United States
  • Arizona
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Matthew Jeschke's Discussions

Phone Number for Loan Modification Department at Wells Fargo?

Started this discussion. Last reply by Alexis Adams Apr 13. 2 Replies

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

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

CITI Mortgage Hardship Assistance

Started Nov 5, 2015 0 Replies

This question comes a bit later in the process as the client has already sold their home. I always feel it a bit odd as it seems under some circumstances a person get's impacted less doing a short…Continue

"Lender Promotional Credit?" on HUD1, quicken loans?

Started this discussion. Last reply by Wayne Brooks Jul 27, 2015. 1 Reply

This isn't necessarily a short sale question. However, I see a very suspect line item on my seller's HUD1.It's a "Lender Promotional Credit" and when financing fees are added up with this credit, it…Continue

 

Matthew Jeschke's Page

Latest Activity

Matthew Jeschke posted a discussion

Equipoint Financial Contact Information?

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, email, anything?When we call their number here (858) 926-3250... We get a voicemail propmpt with a different business name... We try to leave a message and their mailbox is full :(Any help is greatly appreciated.Thanks!See More
Dec 5, 2016
Matthew Jeschke posted a discussion

CITI Mortgage Hardship Assistance

This question comes a bit later in the process as the client has already sold their home. I always feel it a bit odd as it seems under some circumstances a person get's impacted less doing a short sale and not paying the bank off in full than working hard like this couple and paying the loan off in full.Here's the back story,1. Client experienced a loss in household income.2. Put home on market to downsize and reduce expenses.3. Client negotiated hardship / relief from bank ~ none was…See More
Nov 5, 2015
Wayne Brooks replied to Matthew Jeschke's discussion "Lender Promotional Credit?" on HUD1, quicken loans?
"I assume you mean it's a credit from the Buyer's lender, on the buyer side. Used to be called the Yield Spread Premium, a rebate given to the buyer for accepting a slightly higher interest rate....1/8 to 1/4% higher rate equals a 1-2%…"
Jul 27, 2015
Matthew Jeschke posted a discussion

"Lender Promotional Credit?" on HUD1, quicken loans?

This isn't necessarily a short sale question. However, I see a very suspect line item on my seller's HUD1.It's a "Lender Promotional Credit" and when financing fees are added up with this credit, it conveniently equals EXACTLY our maximum concession of 3%Looks very suspect as though the lender is crediting the buyer back the remaining balance on the concession.Conveniently nobody is terribly excited to explain the fee to me. Anybody had experience with this before?See More
Jul 26, 2015
Brett Goldsmith replied to Matthew Jeschke's discussion M&T Bank Loan Mod
"He should be able to apply for a modification review. They often can be long winded and more financial documentation heavy than a short sale. It typically comes down to financials on if they will be approved for a modification but there are many…"
Jun 3, 2015
Matthew Jeschke posted a discussion

M&T Bank Loan Mod

I have a client that has a legitimate hardship.His work cut his hours to the point he cannot afford his home. He's since moved to get work out of town. In the process his wife lost her job. Now they are struggling to meet the mortgage, rent, and everything.He has only a few weeks until he cannot make payments. I advised he call his loan servicer to request a few payments be placed on end of loan. The servicer is M&T Mortgage. He got back with me to say they wouldn't offer him anything.I'm…See More
Jun 3, 2015
Matthew Jeschke posted a discussion

My short sale process feedback

I canned my short sale process in a short podcast w/ blog post.Curious if anybody has feedback or would like to swipe it?  Particularly on the Google doc / short sale checklist I provide my clients.  Link below, http://www.supersmartrealestate.com/ssre003-short-sales/FYI.  My first client to use the accordion folder got back a hold of me and told me how awesome it was to use.  I basically say sort your mail…See More
Dec 19, 2014
Matthew Jeschke posted a discussion

Finding Lost Pension Award Letter

I have a short sale... it's a conventional loan, service by chase, with Freddie Mac as investor.They require a "Pension Award Letter" for proof of retirement income in addition to disbursement statements from the pension.My client cannot find the letter though.  Any tips / advice would be greatly appreciated.Thanks!See More
Oct 29, 2014
Brett Goldsmith replied to Matthew Jeschke's discussion Chase Short Sale Process
"Send in the complete short sale package you have on file to be on the safe side. Chase package, RLA, Purchase Agreement, Authorization, all borrowers financials, hardship letter requesting a short sale, and 4506t. You likely can just fax it to…"
Aug 1, 2014
Matthew Jeschke posted a discussion

Chase Short Sale Process

I wanted to get a little extra input on the Chase Short Sale process.  I have a client with a loan serviced by chase, backed by Freddie Mac.Whenever I call in I get completely different instructions on what they collect and their phone numbers are always different.  From the several conversations I have had with their reps I'm assuming they need the following,Copy of listing agreement…See More
Aug 1, 2014
Kevin - Greenville, SC replied to Matthew Jeschke's discussion Deed of trust recorded on wrong address
"sounds like you need to start there. you may have to get a local real estate attorney to put some pressure on them to correct."
Mar 21, 2014
Matthew Jeschke replied to Matthew Jeschke's discussion Deed of trust recorded on wrong address
"Unfortunately, it was a refinance and title was an in house Wells Fargo dept."
Mar 21, 2014
Wayne Brooks replied to Matthew Jeschke's discussion Deed of trust recorded on wrong address
"You could start with the title co. that did the closing.  Or just call Wells, and they'll direct you (maybe).  Or, with your sellers title insurer, assuming they have one."
Mar 21, 2014
Matthew Jeschke posted a discussion

Deed of trust recorded on wrong address

This isn't necessarily a short sale question but rather a bank question.The bank recorded their loan against the wrong property.  My client is buying a home which the sellers bought with cash (no loan).  However, another property down the street got a loan and Wells Fargo recorded the Deed of Trust on the wrong property.  They recorded it on the property which I'm selling.How does one clear this up?  Who would a person talk to at Wells Fargo?See More
Mar 20, 2014
Jeff Payne replied to Matthew Jeschke's discussion Capital One 360 HELOC, who has answers?
"If client is well off financially why not have them take out a personal line of credit to pay the difference or take out a loan on something else?"
Feb 25, 2014
Matthew Jeschke replied to Matthew Jeschke's discussion Capital One 360 HELOC, who has answers?
"Thanks, that's about what they are telling us.  They want an offer before they will say much of anything. We went down the road of setting up the short sale a little over a month prior to this.  They stopped on the UBA form / asset…"
Feb 25, 2014

Profile Information

First Name
Matthew
Last Name
Jeschke
Are you a...
Agent
State
Arizona
City
Tucson
My Profile
Matthew Jeschke
Tierra Antigua Realty
520.344.3481
[email protected]
http://www.keystoaz.com/

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At 6:51pm 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 -Advisor

Coldwell 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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