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Can a FLORIDA Short Sale be closed AFTER a bankruptcy is finalized?

Started this discussion. Last reply by Don Ferguson Jan 29, 2018. 3 Replies

Can a FLORIDA Short Sale be closed AFTER a bankruptcy is finalized?We are trying to close by 15Feb18 and Sellers have their final meeting with the BK Trustee/Judge 31Jan18The banks are are saying yes…Continue

Ocwen has closed my Short Sale and I NEED ESCALTION CONTACT INFO PLZ

Started this discussion. Last reply by Kevin - Greenville, SC Mar 14, 2015. 3 Replies

Ocwen has closed my Short Sale and I NEED ESCALTION CONTACT INFO PLZ ...DOES ANYONE have any VP or President's Office contact info??We have been through 4 Buyers and over 6 months to FINALLY get an…Continue

We HAD A FULL OFFER - Bank of America FORECLOSES on Family - Wife on Heart Transplat List

Started this discussion. Last reply by Crispin Mar 11, 2013. 11 Replies

Hi All,I am usually the one who sends people here on SSS info on how to escalate files and give out contact info but today even though we had submitted a FULL FMV CASH OFFER Bank of America…Continue

Tags: America, FORECLOSURE, of, Bank, Equator

Has anybody had a small bank DEMAND FULL REPAYMENT of loan before helping with a Short Sale?

Started this discussion. Last reply by Jeff Payne Apr 18, 2012. 1 Reply

I have just hit a brick wall with a small bank here is GAIt is an investment property with one loan with Brand Bank at $225K and is only worth $120KWe have a $120K offer but Brand Bank has handed it…Continue

 

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First Name
Trina
Last Name
Davis
State
GA
City
ATL

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Chase is saying FNMA must PP the FC - FNMA is saying that Chse must PP the FC - HELP!!!!

Posted on May 2, 2013 at 10:19am 1 Comment

Long story short - it's an EQ file ... ONE mortgage with Chase

Chase has had a FMV Offer on file since April 1st

We have met THREEE (3) people at the property who have done BPOs / Appraisals

FC is set for May 7th

They have ALL DOCS and have HAD ALL docs since about April 9th

Chase is saying FNMA must PP the FC - FNMA is saying that Chse must PP the FC - HELP!!!!

I have TRIED to escalate at FNMA and they clsoed my ticket out saying NO BPO has been…

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Is it LEGAL for a Seller to submit documents fro both a Short Sale AND a Loan Modification?

Posted on September 14, 2011 at 2:20am 3 Comments

I have just run into a situation where my buyer had a contract in on a "Potential Short Sale" that was going to be foreclosed on this month and NOW that the bank has postponed the FC sale ... the Sellers have decided to do a Loan Modification even though neither of them have an income or job .... how can this be?

 

I have been told by more experienced agents than myself that the financial information that the banks need for a Short Sale is much different from what they need for…

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