Short Sale Specialist Network

Realtor Short Sales Training and Resources

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Latest Activity

Evelyn Branic Waiting for the 2nd trust approval letter from Wells Fargo
12 minutes ago
I've had 2 with WF Home Equity and they hold a tight line. Last week the negotiator really opened up and told me how he use to be an agent and he understands everyone's frustrations but they take a loss on every single one and are trying to do the b…
15 minutes ago
Peter Rundel just added their location.
2 hours ago
4 members updated their profile photos
2 hours ago
Lorraine Hunter updated their profile
2 hours ago
2 hours ago
Christopher Rich, Lorraine Hunter, Bob Hertzog and 5 more joined Short Sale Specialist Network
3 hours ago
Yesterday I received an approval for a short sale GMAC.YEAH! However, GMAC is the 2nd lien holder requesting $9100 10% of the loan balance is always requested; first lien holder PHH is willing to pay only 8% to GMAC. I am hoping that one of the bank…
5 hours ago
Thanks so much for the input Mike. It's great to have an idea what to expect. In this instance, there will likely be enough to pay off the first so we'll probably just be dealing with Greentree.
5 hours ago
Actually, if I remember correctly now, they base what they'll accept off a percentage of the sales price. Thats it. I knew it was something extremely CRAZY like that!! They base what they will accept as a 2nd lender off the purchase price... comple…
11 hours ago
Green Tree STINKS!! While they will be very quick to give an answer, they are SHARKS when it comes to negotiating. A little advice, don't even take an offer unless the buyer has a good bit of cash to contribute to the 2nd (greentree). They will like…
11 hours ago
Bob Hertzog added a video
12 hours ago
Bob Hertzog just added their location.
12 hours ago
12 hours ago
I typically use a similar method. This was a little different situation because the buyer bailed almost immediately, but I sumitted the offer to get things rolling. Worked great with Chase on the first, the negotiator called to counter and I had the…
13 hours ago
I was once told I could and wasted 30 days before I was told no... you have to restart. Becareful... I think the lesson here is to use an addendum and short sale policy that locks buyers in for min of 90 days. I require buyers do their inspection im…
14 hours ago
Bryan, I just had the same situation - my 1st buyer got cold feet and I submitted a new buyer's PA to the same negotiator. I will call her tomorrow and find out if she will accept it without having to upload the whole file again. It depends on the n…
14 hours ago
Is it the same for a BAC 2nd as for a first? I have the same situation, but BAC has approved $3k for the 2nd. Not like their gonna get more money on the new offer. I have been getting mixed messages on whether to have them close it so I can initiate…
14 hours ago
Vanessa Calhoun added a blog post
For years, the term “short sale” has been the antithesis of the real estate market….from holding your breath for seemingly an eternity waiting for a loss negotiator to let you know whether or not you’ve reached their “golden figure” to wondering whe…
15 hours ago
yep i found this out the hard way several times... things like that cause a lot of extra work...
15 hours ago

Members

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  • Jeanine Crijns
  • Evelyn Branic
  • Lisa Allen, CSSG
  • C MICHAEL ROYCE
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  • Dawn Barrier
  • Drenda Holmes
  • Mike Linkenauger
  • Steven J Torres
  • Alyssa D. Tsias
  • Marsha M. McKinney
  • Michael Mosteller
  • Gary De Pury
  • Lorraine Hunter
  • Susan LaGrotta

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Groups

What is The Short Sale Specialist Network?

     We are a nationwide network of Realtors® who are specialists in helping homeowners avoid foreclosure by working a short sale.   We have created this site as an outlet for our referral and training programs, as well as to provide a resource for agents around the country to network with each other and discuss tactics and strategies in order to better work short sales. 


A site by short sale Realtors®, FOR short sale Realtors®.


At The Short Sale Specialist Network, we also work with thousands of homeowners in financial hardship, educating and guiding them through the short sale process and directing them to a qualified, screened short sale agent in their area.

 

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Blog Posts

Vanessa Calhoun

Contemplating Purchasing A Short Sale??? Here's what's in it for you!

For years, the term “short sale” has been the antithesis of the real estate market….from holding your breath for seemingly an eternity waiting for a loss negotiator to let you know whether or not you’ve reached their “golden figure” to wondering whether or not the listing agent is acting as an automatic offer vessel funneling as many offers to the lender as humanly possible. Let’s face it, for

Continue

Posted by Vanessa Calhoun on July 28, 2010 at 10:24pm

Kenneth Bargers

10 Best Cities for Working Women with Kids

ForbesWoman calculated the best cities for working females raising children. To pick the 10 best, it factored in crime rates, quality of the schools, availability of good healthcare, employment opportunities with high earning potential, and a budget-friendly cost of living.



Here are their picks:



  1. Minneapolis-St. Paul, Minn.

  2. Washington, D.C.

  3. Boston, Mass.

  4. Pittsburgh, Pa.

  5. Baltimore-Tow

Continue

Posted by Kenneth Bargers on July 27, 2010 at 2:48pm

Carlos  Aguilar

A good Short Sales specialist is like a Magician with a great trick up their sleeve ! Learn how.



As I join this network I was excited to see so many of us agents that are dedicated to this highly specialized field. In my 5 years as a local agent in Las Vegas I dedicated my career in Short sales. I have truly come in to my own.Back

Continue

Posted by Carlos Aguilar on July 27, 2010 at 1:37am

Kenneth Bargers

Market Comment for Week of July 26, 2010...

MARKET COMMENT Mortgage bond prices rose pushing mortgage interest rates lower. Higher than expected weekly jobless claims and continued claims helped mortgage interest rates remain very favorable. Higher than expected existing home sales and leading economic indicators data prevented rates from improving dramatically. Stocks remained volatile, which also resulted in some mortgage interest rate volatility.


Rates fell by about 1/8 of a discount point for the week.

Continue

Posted by Kenneth Bargers on July 26, 2010 at 8:52am

Mark Karten

What will people think?

As a team, The Karten Group has made it our mission to get the word out to one person at a time that you can take control of a bad situation and give yourself more options.

Continue

Posted by Mark Karten on July 25, 2010 at 1:52pm — 3 Comments

Sandy Wagner

7 Short Sale Myths

There are millions of homeowners who are looking for alternatives to foreclosure and don’t know what to do.
Continue

Posted by Sandy Wagner on July 25, 2010 at 12:30pm

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Forum

Joy Baker

Anyone have any experience with Green Tree Servicing? 3 Replies

Started by Joy Baker in Help Wanted!. Last reply by Joy Baker 5 hours ago.

Mike Linkenauger

Current Goals for The Short Sale Specialist Network 6 Replies

Started by Mike Linkenauger in Network Talk. Last reply by Mike Linkenauger 1 day ago.

Pamela Hughes

Marketing to Distressed Property Owners 58 Replies

Started by Pamela Hughes in General Discussion. Last reply by Tony Camero Jul 27.

Jacob Wiggins

Aurora not countering anymore???????????? 4 Replies

Started by Jacob Wiggins in Rants and Raves. Last reply by Claudia Hart Jul 27.

Julie Vrigian

2nd Lien holders getting more agressive... 6 Replies

Started by Julie Vrigian in Rants and Raves. Last reply by Julie Vrigian Jul 27.

Gilbert Washington

Third Party Negotiators 4 Replies

Started by Gilbert Washington in Help Wanted!. Last reply by Mike Linkenauger Jul 25.

Joshua Jarvis

Freddie Mac Dispute Process

Started by Joshua Jarvis in Question and Answer Jul 24.

Joshua Jarvis

Suntrust Quickly Becoming the Worst! 10 Replies

Started by Joshua Jarvis in Question and Answer. Last reply by Mike Linkenauger Jul 24.

Brett Ehart

VA Eligiblilty after a Short Sale?

Started by Brett Ehart in General Discussion Jul 24.

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