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Herb's Discussions


Started this discussion. Last reply by Erik Larson Jul 24, 2012. 2 Replies

Anyone have any luck stopping an INDYMAC Bank Trustee Sale?? My client was mislead as a result of a con artist promising the world to produce a loan mod, of course he just took her money and ran. She…Continue

Has Anyone had any luck with FHA paying for judgments??

Started this discussion. Last reply by Trong Dang Jun 28, 2012. 1 Reply

I have made it through every obstacle with this deal and am not willing to let it die. I have an FHA Short sale through GMAC that I have gotten approved; however, the seller did not inform me that…Continue


Another issue with Bank Of America Cooperative Short Sale Program

Started this discussion. Last reply by Bonnie David Jul 22, 2012. 3 Replies

I have a new listing with Bof A and was pleasently suprised that a customer service rep called me within 24 hours of submitting 3rd party auth. They said that my seller's home would be an approved…Continue

Filling out Fannie mae form 710 (Uniform Borrower Assistance)

Started this discussion. Last reply by Jim Schneider Apr 13, 2012. 2 Replies

When I am filling out form 710 there is a huge gap between the gross and net pay because my borrower is a sinngle person. HOwever when filling out the form it specifically requests  Gross Income.…Continue


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Herb's Blog

Help!! need an extension on FHA short sale through WF

Posted on December 27, 2011 at 5:17pm 0 Comments

Hello All, I am at my wits end and cannot and will not let this deal fall apart. I currently have a short sale approved home and the buyer has already signed loan documentation and we are set to close, except we are waiting WF to provide us with an extension that they claim should only be 72 hours and we have now been waiting for more than 2 weeks. Has anyone else had success on obtaining a second extension??? We extended it once but buyer had to choose a new lender and now we are all set to…


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