Guide for Short sale transactions with American Home Mortgage Servicing Inc (AHMSI) and short sale programs
Members: 96
Latest Activity: Jul 19, 2012
General Info: 877-304-3100
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Fax: 866-452-1837
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Started by Brooke Cangro-DiRoma. Last reply by Lisa Jones May 5, 2012. 7 Replies 0 Likes
I have a buyer who has been waiting on a response from AHMSI for almost 5 months. The BPO was completed back on the 3rd of January and the listing agent confirmed that they have received all of the…Continue
Started by Sharon Tukay. Last reply by Marty Macisso Apr 16, 2012. 5 Replies 0 Likes
I just acquired a new listing yesterday and my client would like to see if she qualifies for HAFA. She had a loan mod where they reduced her payment for 2 years. Her husband passed away in 2010 and…Continue
Started by Robin Spence. Last reply by Lehel Szucs Sep 27, 2011. 2 Replies 0 Likes
Does anybody know if I can get the short sale initiated before I receive an offer? Or does AHM require an offer before beginning? Thanks! Continue
Started by Wendy Lockhart. Last reply by Ellen Muzzio Jan 11, 2011. 1 Reply 0 Likes
Hi! I just had a counter offer from AHMSI saying they require the buyer to pay a 1% administration fee and their commission is just 3% total since the deal is double sided.Anyone run in to this with…Continue
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Does anyone have a contact at AHMSI...they dont give out the negotiator's email anymore? Anyway, have had a HAFA in process for 3 months cant seem to get a response...anyone, anyone, Bueller?
Only took 30 days to get an approval. Had the pleasure of working with Vivian Acevedo. If you retrieve the Financial Analysis form online and provided them with a complete package you should not have a problem. The entire process when very smoothly and they did not charge the S/S Administration Fee.
I have found AHMSI good to work with until this 1% hostage fee. Having issues with the BUYER contribution on the approval letter.... Ist buyer walked at approval because of this. Now all other potential buyers will not agree to the 1%. What is AHMSI thinking? Most buyers will just reduce the offer price - or not even make the offer. An FHA 3.5% down buyer does not have the extra $$. Has anyone found a way around/over/through this?
Started by Brooke Cangro-DiRoma. Last reply by Lisa Jones May 5, 2012. 7 Replies 0 Likes
Started by Sharon Tukay. Last reply by Marty Macisso Apr 16, 2012. 5 Replies 0 Likes
Started by Robin Spence. Last reply by Lehel Szucs Sep 27, 2011. 2 Replies 0 Likes
Started by Wendy Lockhart. Last reply by Ellen Muzzio Jan 11, 2011. 1 Reply 0 Likes
Started by Jill Eastman. Last reply by Jill Eastman Dec 21, 2010. 4 Replies 0 Likes
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