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Blog Posts

Went to Bank Of America Seminar Today

Posted by Lori L Gazzano on June 18, 2013 at 10:02pm 0 Comments

Hey everyone,

I went to a FREE Bank Of America short sale seminar today. It was only 3 hours and boy was it packed with great info. I learned a ton of stuff  about the "waterfall" process as they call it, and how "they really think". Totally worth your time if it comes to a location near you. Tomorrow its in Elizabeth NJ,then Queens NY

Here is the link for more info:…

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Ocwen not accepting any short sale

Posted by Antoine Pirson on June 18, 2013 at 12:58pm 1 Comment

Ocwen is not accepting any offers on a short sale condo. They are not willing to say why. They have done a BPO ( although I have no idea how as they never asked for entry), but are unwilling to share the findings of the BPO. How and what can we do to "make" them accept any of the 34 offers?

BANK OF AMERICA - FHA SHORT SALE STALLS - 13 MONTHS

Posted by Carol Pease on June 18, 2013 at 9:19am 1 Comment

I don't know what is going on at Bank of America,  but I have two stories to that are eerily similar.  Case number #1:

  One short sale was started June 6, 2012.  The date is right.  It really has been going on a year.  It took 3 cases at HUD to finally get the seller out of " loan modification " status and into "short sale."  I have had the same buyer for a year.   On February 19, 2013 I was…

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Michael, Patient and Understanding w/ My Short Sale

Posted by Michael Collins, CDPE, SFR, BPOR on June 11, 2013 at 4:27pm 0 Comments

Rock Realty Client Testimonials



"Mike Collins was easy to talk to and very good at explaining in detail all aspects of the short sale of the property. With a lot of patience, he walked me through the process of a short sale. He was understanding of my plight and very sympathetic.

Mike was a pleasure to work with and he is a man of his word.

Thank you, Mike, and best of luck to you."

Tom D. (Oxford, WI)

Rock Realty Seller…

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Fannie Mae Announces New Effort To Streamline Short Sales

Posted by Mike Linkenauger on June 7, 2013 at 12:30pm 1 Comment

In an effort to speed up the short sale process, Fannie Mae is increasing early communication with real estate agents by asking listing agents to register accepted short sale offers with the GSE.

By registering offers, Fannie Mae says there will be greater transparency in the process and it will also allow the GSE to be more proactive…

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Step by Step Guide to Buying Homes with your IRA

Posted by Michael Collins, CDPE, SFR, BPOR on June 7, 2013 at 10:13am 0 Comments

How to Buy Investment Properties with an IRA - Step by Step (Part 4 of 4)

Using a self-directed IRA to buy real estate is a sound investment strategy for many people. The ability to buy assets that can provide strong returns is appealing to a wide range of people. Listed below are the basic steps necessary to buy a property in compliance with the IRS rules governing the use of an IRA account.…

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Latest Activity

Omar Helmand and Mike Linkenauger are now friends
4 hours ago
Omar Helmand updated their profile
4 hours ago

Flora Tibbetts just added their location.
(via Member Map)

6 hours ago
Sonia Shanahan replied to Lynn d' Lindsey's discussion CDPE in the group CDPE Members
"I did my designation online. It was just more convenient for me and I didn't have to wait once I decided to get the designation."
6 hours ago
TOP END Properties replied to Seth Russell's discussion Nationstar requirements? in the group NationStar Mortgage
"Don't send them and see if she request them."
7 hours ago
TOP END Properties replied to Sally Rackey's discussion Need Contact in Foreclosure Dept in the group Citi Short Sales
"An estate can probably do a Short Sale."
7 hours ago
TOP END Properties replied to Andy Stetz's discussion FHA short sale in the group FHA
"Expect a 6-9 month turn around for 'pre-approved' FHA Short Sales."
7 hours ago
TOP END Properties commented on Sharon Molnar's group FHA
"All FHA loans have to be reviewed for a Loan Mod first unless their is a reason the borrower can not stay in the home like a death or job transfer.  The Loan Mod stage can take 3-9 months.  Only after they are declined for the loan mod can…"
7 hours ago
TOP END Properties replied to Yoni Kutler's discussion FHA closing fee reductions in the group FHA
"The 'Settlement/Attorney Fee' is $750 for loans under $150k and $1500 for all other loans.  Short Sale Negotiation is never an allowable fee that I am aware of.  They expect the Agent (commission) or the Attorney ($750/$1500…"
7 hours ago
TOP END Properties joined Sharon Molnar's group
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FHA

Looking for information from FHA
7 hours ago
TOP END Properties replied to Terrence D. Langford's discussion Bank of America FHA Loan Short Sale in the group Bank of America Short Sales
"Are you even talking to the Short Sale Department or the standard Customer Service?  Customer Service will know very little about a Short Sale and will give the wrong information."
7 hours ago
TOP END Properties replied to Ana Huffer's discussion Bank of America Co-Op program nightmare in the group Bank of America Short Sales
"Since they cancelled the foreclosure .. get into whatever program they will allow."
7 hours ago

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    how to get short sales

    Started by Susan Virostek in Rants and Raves. Last reply by Susan Virostek 7 hours ago. 17 Replies

    Opening Up A Ticket with HUD for an FHA Short Sale???

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