Can any one give words of wisdom about negotiating when a MI company coldly declines a short sale. We got approval from BofA with terms close date etc and then the negotiator said the MI company…Continue
We had short sale approval through 4-11 frm LBPS. This is burearcracy at its best.
Loan docs signed, loan funded last week. Title sent the final hud 5 days ahead of time. NOONE responded. Wed I call to LBPS to find out why. LBPS would not approve the hud which was more than the approval letter and ready to close prior to the end date for the approval. WHY couldn't someone have told us. WHY do we have to call in to find this out. WHY if we follow the approval letter…Continue
It has been several months since I signed up for Short Sale Superstars. It is the one site I have found that has information that I like to say "you can sink your teeth in", it is not fluff but real time information to aid all of us with our short sales. I have been referring agents to this site everytime someone asks me a question.
Yesterday an agent in our office, who is on the buying end, was frustrated with an OCWEN short sale. The bank was not responding for an extension.…Continue