Started this discussion. Last reply by Ron Scribner Feb 20, 2013. 8 Replies 0 Likes
ONLY 3% total commission on a short sale when there is dual agency ? First of all, are investors on loans allowed to cut commission to as low as 3% total if the agent is representing both buyer and…Continue
Tags: reduction, reduced, commission, agency, sale
Started this discussion. Last reply by Thom Colby CA Brkr 888-391-5245 Feb 3, 2013. 4 Replies 0 Likes
I had to write about this-- maybe because of freedom of speech or just to see if anyone else finds this to be strange. I have been working on a HAFA short sale with Pennymac as the 1st loan. Pennymac…Continue
Started this discussion. Last reply by Donna McClelland Feb 12, 2012. 7 Replies 0 Likes
The 2nd mortgage is a Home Equity Line and balance is significantly more than the 1st mortgage. So, 1st mortgage would be paid in full with short sale proceeds (no short sale with 1st loan). Will 2nd…Continue
Started this discussion. Last reply by Holly B. Long Sep 14, 2011. 4 Replies 0 Likes
Hi I was wondering if there is a black and white answer to this question? Of course, the 2nd lender would like to receive their full payment from the borrower, however if the borrower were to make…Continue
Tags: off, recovery, collections, charged, lender
www.Short-Sale-Vs-Foreclosure-Help.com
For Free Short Sale Information
Posted on June 25, 2013 at 6:27pm 0 Comments 1 Like
Unfortunately, not all Short Sale properties that are listed for sale in the Los Angeles area will close escrow. First, what is a Short Sale? If a home's current market value is less than the mortgage balance owed and the homeowner (borrower) cannot afford to make the mortgage payments, they will ask their lender(s) to take an offer from a buyer and approve a…
ContinuePosted on November 30, 2011 at 6:44pm 0 Comments 0 Likes
Alternatives to Foreclosure in the Los Angeles Area
If you or someone you know in the Los Angeles area is having a difficult time with their home mortgage payments, it is especially important to know what the alternatives to foreclosure might be. Two of the most talked about alternatives are Loan Modification and Short Sale.
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ContinuePosted on October 24, 2011 at 5:41pm 0 Comments 0 Likes
Bank of America Short Sale in Los Angeles
Are you thinking of a Bank of America Short Sale in Los Angeles? Many homeowners in the Los Angeles area have their 1st mortgage, 2nd mortgage or both 1st & 2nd mortgages with Bank of America. You might not be able to pay your monthly mortgage payments anymore or are in danger of falling behind on your loan. If so, a Bank of America Short Sale may be an option. Many of…
ContinuePosted on July 28, 2011 at 2:10pm 2 Comments 0 Likes
US Bank Short Sale Approved ~ Los Angeles Short Sale Agent
US Bank is approving Short Sales. US Bank has listed a Short Sale as an option on their website under Mortgage Help.…
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