Replies to This Discussion

Permalink Reply by Smitty on August 28, 2012 at 2:42am

Sorry. I don't have strong Indy Mac contats.  You can google most executive numbers and get the office of the president number most of the time.  I still think you should fax or upload your file.  Sometimes it takes a while to even image into their system.

Permalink Reply by Wayne Brooks on August 28, 2012 at 3:28am

What state?

Permalink Reply by Lydia on August 28, 2012 at 4:31am

CA

Permalink Reply by Stephanie Hart CA 310-930-2342 on August 28, 2012 at 3:26am

I don't think you'll be able to stop it. But a lot of banks postpone on their own. I'd at least start the process and fax the packet in. That way you'll be ahead of the game. Banks aren't really much more excited by cash:-/ Best of luck!

Permalink Reply by Lydia on August 28, 2012 at 4:36am

That is exactly what I am doing...and packages has been faxed in...simply want to stall the date and work from there.

Permalink Reply by Ben Benita on August 28, 2012 at 3:30am

Indy Mac has gotten to be a monster b/c of their arrangement with Service Link, but, as always, best to give it 110% before you give up.

I would send in the FULL packet ASAP if you have not already, then, spend the next few hours on the phone

Contact me at [email protected] and I can send you some of the guys/girls I have.

They mostly service for Deutsche Bank so I would reach out to them as well if you do not already know who the Investor is.

Best of luck in your battle....let me help next time!!!!

;-)

Permalink Reply by Lydia on August 28, 2012 at 4:34am

Thanks Ben. I will email you in a few moments.

Permalink Reply by Bryant Tutas on August 28, 2012 at 4:03am

The seller needs to hire an attorney asap and have him file a motion. Stopping a foreclosure can be done with a legal action. It's truly beyond the scope of an agents job and expertise. It's a legal issue and requires an attorney. You need to have an attorney that you work with that can take care of these things for you.

There are going to be many agents being sued in the very near future for taking on these issues and practicing law without a license.

At a minimum have the seller sign off on a document stressing the importance of seeking legal advice and that they have chose not to. Let them know, in writing, that their decision will very well cause them to be foreclosed on.

I would not take a listing 3 days to a foreclosure date if the seller didn't have an attorney already working on it. That is way too risky for my real estate license.

Permalink Reply by Lydia on August 28, 2012 at 4:34am

Thanks Bryant. I already had then sign all kinds of documents and disclosures that advise them that they should seek legal counsel. I have even given them a long list of attorneys they can speak with. All docs signed and dated. 

Permalink Reply by Tammy Davis on August 28, 2012 at 7:10am

IndyMac is not quick to respond on anything...at least that is my experience with them.

I'm with Bryant...you need to have them contact an Attorney immediately. They are going to need to file a motion or even possibly bankruptcy to buy more time (if that is what they choose to do).

Has the lender already postponed sale dates for the sellers? If so, not even a short sale offer may stop them...even if it is cash.

Permalink Reply by Ben Benita on August 28, 2012 at 7:40am

Lydia, just sent you everyone I have for Indy Mac....definitely an uphill battle, BUT, worth fighting for to help your client as always.

Let me know if my team and I can assist in any other way.....

Sincerely,

Ben Benita

ATC Financial

Permalink Reply by Becky Martin on August 28, 2012 at 1:29pm

Try this guy, he is the manager and was very helpful with one of mine:)

Patrick Burchard> Loss Mitigation Supervisor> -----------------------------------------------------------------> ServiceLink Loss Mitigation Services> a Division of FNF Servicing, Inc.> 17300 W. 119th St. | Olathe, KS 66061>>[email protected]>> 888- 341-8716

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