This is a first for me.
I heard about a short sale seller who sold his house in 2009. Several years later, they find out that the buyer is selling the house. The previous owner loved that house and would like to buy it back.
Are there any rules to prevent him from doing so? He has already repaired his credit and in a better financial situation today than before.
He doesn't know who the current owner is....but he has been driving by the house he lost, and found out it's…
Added by Pacita C Dimacali on July 8, 2013 at 9:00am — 8 Comments
We have been helping agents all over the country process their short sales and THIS IS A NEW SITUATION:
We were working with a smaller bank and THEY ACTUALLY ASKED US TO HELP THEM WRITE THEIR APPROVAL LETTER!!!
Yep, first short sale the bank had ever done.
They asked us what documents they needed to see, and, asked us to send them a copy of an approval letter from another bank so they could see what it looked like. The short sale was quickly approved…
ContinueAdded by Ben Benita on July 7, 2013 at 9:49am — 3 Comments
Does anyone have an executive contact at Franklin?
Thank you.
Added by Marcia Vollmer on July 3, 2013 at 11:46am — No Comments
There was a little known Supreme Court decision that did not receive the same fanfare as some of the other cases before the Court. The recent property-rights ruling went in favor of landowners and land developers. The ruling could have far-reaching effects on how government handles property owners’…
ContinueAdded by Paddy Deighan, Esq on July 2, 2013 at 9:31pm — No Comments
Well, the happy news out of BofA’ville just never seems to end. Last month I read that according to their CEO, Bank of America’ problems are behind them!!!! Really?? Wall Street is buying it but I am not!!! Recent litigation has revealed numerous…
ContinueAdded by Paddy Deighan, Esq on July 2, 2013 at 9:29pm — No Comments
Well, it seems there is a bit of hypocrisy coming out of Washington for a little change of pace. President Obama announced his nomination of congressman Mel Watt (D-NC) for director of the Federal Housing Finance Agency (FHFA). Many homeowners around the country were delighted by this selection because Congressman Watt has a history of supporting principal reduction in loan modification programs.
The hope is that he will continue this…
ContinueAdded by Paddy Deighan, Esq on July 2, 2013 at 9:28pm — No Comments
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