Vincent Donaldson
  • Owasso, OK
  • United States
  • Oklahoma
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Vincent Donaldson's Discussions

FHA loan agent tells owner Regulation does not allow short-sales.

Started this discussion. Last reply by Brett Goldsmith Apr 24. 1 Reply

I have initiated a short-sale with an FHA backed Pacific-Union loan on a home with a May 9th sheriff sale set. They said they can't recall sale till have Title work and appraisal back in which may…Continue

Bank of Oklahoma will not recall Sheriff sale

Started this discussion. Last reply by Ben Benita Dec 27, 2016. 3 Replies

Bank of Oklahoma has just rejected an offer of $155,000 and refused to recall a Sheriff sale scheduled for Tuesday Dec 6th. The owner got a letter saying all documents for his short sale request had…Continue

Widow with no will-Not on mortgage

Started this discussion. Last reply by Brian Avery Jun 2, 2015. 3 Replies

I arrived at an widow's house that is in the foreclosure process expecting to sign up a normal short sale. All I could get for now was the listing agreement. She is on the deed, but only her deceased…Continue

Bankruptcy SS Road Block Department

Started this discussion. Last reply by Kristy Hamilton Jun 25, 2014. 2 Replies

I had obtained an approval letter and one extention from the department of recovery, then a second extension was denied. They said a new department had been formed to deal with short sales that had a…Continue

 

Vincent Donaldson's Page

Latest Activity

Brett Goldsmith replied to Vincent Donaldson's discussion FHA loan agent tells owner Regulation does not allow short-sales.
"Generally if a property is in foreclosure, an offer is needed within the banks value to get the review open. If you can get the appraised completed and ATP issued, the sale date would be placed on HOLD. Open up a case /w NOVAD for HUD if the…"
Apr 24
Vincent Donaldson posted a discussion

FHA loan agent tells owner Regulation does not allow short-sales.

I have initiated a short-sale with an FHA backed Pacific-Union loan on a home with a May 9th sheriff sale set. They said they can't recall sale till have Title work and appraisal back in which may take it past the 9th, and seems to be a push into the sheriff sale. I got the FHA contact number to escalate to them from a post on this site and had an agent advise I have the owner call direct while my 3rd party was being processed and forward the buyer package to an agents email while on phone to…See More
Apr 22
Vincent Donaldson joined Stephanie Lim's group
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FHA - HUD Short Sales

HUD rules for FHA short sales, tips, experiences, etc.Fax LOA:  918-236-3274PH 877 622-8525See More
Apr 17
Wayne Brooks replied to Vincent Donaldson's discussion Bank of Oklahoma will not recall Sheriff sale
"Obviously, it's too late for this one, but just so you know.....NO lender is going to postpone an auction date, without a strong contract in place, why would they?"
Dec 26, 2016
Vincent Donaldson posted a discussion

Bank of Oklahoma will not recall Sheriff sale

Bank of Oklahoma has just rejected an offer of $155,000 and refused to recall a Sheriff sale scheduled for Tuesday Dec 6th. The owner got a letter saying all documents for his short sale request had been received and the sale postponed to provide sales period. However, negotiator said this was not true and the sale would not be postponed. Is there any higher power I can call on to get this Sheriff sale recalled long enough to get another offer they might accept?See More
Dec 4, 2016
Jennifer Kinzle commented on Vincent Donaldson's blog post BOK Financial
"Hi Vincent, This happens a lot in my experience.  Over time, I've compiled a list of bank contact info, but I don't have that one available.  You'll probably need to go the old-fashioned route of asking customer service to…"
Sep 26, 2016
Vincent Donaldson posted a blog post

BOK Financial

I have a  short sale signed up out of Tulsa OK for the Bank of Oklahoma. Part of BOK Financial Corp, BOKF, which operates seven banking divisions: Bank of ArkansasBank of AlbuquerqueBank of ArizonaBank of Kansas City,Bank of Oklahoma, …See More
Sep 21, 2016
Vincent Donaldson posted a status
"Got a Chase SSale ready but could not get an extension of ATP past 1st. Is there way to escalate within FHA for an extra 2 week extension?"
Oct 7, 2015
Wendy Rulnick replied to Vincent Donaldson's discussion Widow with no will-Not on mortgage
"I think she should get an attorney, Vincent. Keep us posted."
Jun 2, 2015
Wayne Brooks replied to Vincent Donaldson's discussion Widow with no will-Not on mortgage
"Well, first of all it's not a short sale from what you've described. By law they have to at least provide a pay off to a successor in interests, but that's often hard to get done though. With a death certificate, try to escalate up…"
Jun 2, 2015
Vincent Donaldson posted a discussion

Widow with no will-Not on mortgage

I arrived at an widow's house that is in the foreclosure process expecting to sign up a normal short sale. All I could get for now was the listing agreement. She is on the deed, but only her deceased husband in on the mortgage so the bank won't talk to her, or me. She can't even pick up the certified letters of default they are sending. Basically, they are stealing the property. she owes $87K on a 15 acre property and house worth around $200K.Does anyone know how to break this down to something…See More
Jun 1, 2015
Vincent Donaldson commented on Wendy Rulnick's group Wells Fargo Short Sales
"  Hello again, I was totally confident this matter was at an end. I submitted your copy of a "Conditional Commitment to Release Tax Lien" Brian, and one from another forum realtor who helped as well. Between the two, one a…"
Oct 4, 2014
Vincent Donaldson commented on Wendy Rulnick's group Wells Fargo Short Sales
"  Brian, Thanks very much for your post... I sent the following note with a PDF of your email and instructions. As noted to the congressman’s constituent case worker, I have done all you advised 6 months ago to the T. However we, for…"
Sep 22, 2014
Vincent Donaldson commented on Wendy Rulnick's group Wells Fargo Short Sales
"  Hello, I have had approval from Wells Fargo for 5 months plus and have only till the 30th left to get an IRS lien release. For some reason the IRS people we have dealt with have no knowledge of Conditional letters of Lien Releases which are…"
Sep 20, 2014
Kristy Hamilton replied to Vincent Donaldson's discussion Bankruptcy SS Road Block Department
"Was the BK filed before you originated the short sale?"
Jun 25, 2014
Vincent Donaldson posted a discussion

Bankruptcy SS Road Block Department

I had obtained an approval letter and one extention from the department of recovery, then a second extension was denied. They said a new department had been formed to deal with short sales that had a bankruptcy attached.They also said that department had no 800 number, would not respond to customer service requests, fax or email and could only be communicated with through US mail.Their long winded and somewhat rude reasoning (likely due to all the frustrated realtors calling) on this was not…See More
Jun 20, 2014

Profile Information

First Name
Vincent
Last Name
Donaldson
Are you a...
Agent
State
Oklahoma
City
Tulsa

Vincent Donaldson's Blog

BOK Financial

Posted on September 21, 2016 at 9:08pm 1 Comment

I have a  short sale signed up out of Tulsa OK for the Bank of Oklahoma. Part of BOK Financial Corp, BOKF, which operates seven banking divisions: Bank of ArkansasBank of AlbuquerqueBank of ArizonaBank of Kansas City,…

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