Minna Reid
  • Female
  • Jacksonville, FL
  • United States
  • FL
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Minna Reid's Discussions

Short sale agent needed NYC

Started Mar 21, 2021 0 Replies

I need to ref a short seller in midtown manhattan - its a tough one, please be very experienced. [email protected] 8604161255Continue


Started this discussion. Last reply by Minna Reid Mar 19, 2019. 4 Replies

Working a short that was recently transferred to Planet Home from BOA. Planet Home asks me today to convince my short seller to give up on short sale and do a deed in lieu...and then they would fix…Continue

BOA pushing HAFA down clients throat

Started Jan 9, 2012 0 Replies

Is it just me or is BofA absolutely ridiculuous in pushing HAFA. They make the customer call in and give them the "HAFA is the BEST program" sales pitch which apparently everyone gets ( whether they…Continue

Bank of America Decline for "High negative mitigation"

Started this discussion. Last reply by Minna Reid Nov 29, 2010. 4 Replies

Please help me understand this decline - as its a new one and makes no sense.I started a short sale several weeks back with First Franklin. Halfway through the short sale the loan gets sold to Bank…Continue

Tags: high, negative, mitigation, sale, short


Minna Reid's Page

Latest Activity

"Those also can be sold to family members - no arms length addendums."
Minna Reid replied to Shauna Andrade's discussion USDA as Investor / PennyMac as Servicer
"You can request a variance from HUD on an FHA. I have had much success with variances. I would imagine USDA has a similar process (although I have never had to try with USDA to confirm). Someone correct me if I'm wrong. Would love to know for…"
Mar 20
Minna Reid replied to Edwin Baloloy's discussion Newrez (PHH) & Real Time Resolutions - short payoff allowed even if 1st isn't short? Current allowed contributions to Jr liens
"Still don't know the most important piece of info here- what is the selling price? If it is more than the payoff amount ( not the PB - PB is now irrelevant) + closing costs, you will not get them to short.  There are other ways to work…"
Jan 16
Minna Reid replied to Phoenix Nest Homes's discussion States prohibiting 3rd party negotiators
"CT is a super regulated, highly taxed, liberal cesspool TBH, hence why I moved to FL lol. They have a bunch of stupid rules like this. Easy enough to work around if you are creative, but still. Really loving Florida lol. "
Jan 10
Minna Reid replied to Phoenix Nest Homes's discussion States prohibiting 3rd party negotiators
"I work CT and FL. In CT if you want to charge to negotiate a short sale the max limit is $500 AND you need a debt negotiation license. Those regulations were put into place early 2010's. I am not aware of any such limitations in FL, but then…"
Jan 9
Minna Reid replied to Savita Savita's discussion Short sale value dispute
"Do  a value dispute. Provide your own comps, repair estimates, showing and feedback history. If youve had an inspection, send the report. You can usually get them to back down with this, or just wait 3 months for the BPO to expire and try again."
Nov 15, 2022
Minna Reid replied to Brett Goldsmith's discussion Are you seeing an uptick in short sales or foreclosures in your area?
"I work two markets. CT - sharp uptick in calls in past few weeks. Jacksonville FL - no change. "
Sep 1, 2021
Minna Reid posted a discussion

Short sale agent needed NYC

I need to ref a short seller in midtown manhattan - its a tough one, please be very experienced. [email protected] 8604161255See More
Mar 21, 2021
Minna Reid replied to Terri Barrow's discussion Quicken Loans short sale - Any Advice?
"Every short sale I've done with Quicken has been an FHA loan, so I assume they carry a lot of that. Just call and ask who the investor is. They don't use Equator, but I've always found them to be very quick and efficient."
Sep 9, 2020
Minna Reid replied to Liesa Gubista's discussion New one....Short sale while seller remains current on loan?
"Really depends on who the investor is. Some of them will do it while current, however he will have credit issues either way. Have him move into the assisted living first, then do the short sale."
Sep 9, 2020
Minna Reid replied to Neil L.'s discussion Loan is TOO FAR DELINQUENT to qualify for a Preforeclosure Short Sale? in the group FHA - HUD Short Sales
"After 48 months seller is no longer eligible for any workout with FHA - no exceptions."
Oct 3, 2019
Minna Reid commented on Wendy Rulnick's group Short Sale Referrals
"Looking for an experienced short sale agent near Kansas City Missouri - Price point sounds to be mid 200s. FHA loan with partial claim - must understand HUD partial claim. email me [email protected]"
Sep 30, 2019
Minna Reid commented on Wendy Rulnick's group Short Sale Referrals
"Slower lately, but still active! I handle short sales in all of CT and in Jacksonville, FL. 860.416.1255 [email protected]"
Sep 18, 2019

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Associate Broker Killebrew & Co Realty Inc in Jacksonville, FL
Broker-Owner Reid Real Estate Group in Woodbridge CT

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