"Maybe you should advise the buyer to pay for their own appraisal and then show it to the bank. But if the buyer appraisal come in the same with the bank.....I don't know..."
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Latest Activity
Elizabeth Yang replied to Amy Alvarez's discussion BofA HAFA Short Sale in the group HAFA Short Sale Program
Andrea Cruz replied to Amy Alvarez's discussion BofA HAFA Short Sale in the group HAFA Short Sale Program"Can I please get that contact as well. I am currently working on a shortsale where the approved price is 189000 and the value is 160,000 with an offer at that price as well and UTLS is the negotiator. They have ordered a value review and I am…"
Amy Alvarez replied to Troy Warrick's discussion Bank of America inflating BPO's? in the group Bank of America Short Sales"Same thing just happened to me with a BofA HAFA Loan..The BPO/Appraisal came in way above market value and they told me to cancel the current offer and put it back on the market for a higher asking price..I knew if I did that it would just sit and…"
Sidney Kutchuk replied to Amy Alvarez's discussion BofA HAFA Short Sale in the group HAFA Short Sale Program"Your welcome Amy.
Keep on it,most of these tough short sale do have a way or coming together. The banks don't want the property back. They just have a funny way of showing it."
Amy Alvarez replied to Amy Alvarez's discussion BofA HAFA Short Sale in the group HAFA Short Sale Program"Sidney, Thank you for your response, sorry for my delayed response..you know I actually wrote a well thought out letter supported my value with comps and got the buyers to come up like $10k in there offer. Now BofA says they are approving the new…"
Sidney Kutchuk replied to Amy Alvarez's discussion BofA HAFA Short Sale in the group HAFA Short Sale Program"Amy,
I had the same issue with BA a few months back.It was a struggle but I was able to get BA to do an appraisal review.Their value came in $40,000 HIGH.You will get no help from you assigned negotiator. You need to go over their heads on…"
Amy Alvarez added a discussion to the group HAFA Short Sale Program
BofA HAFA Short Sale
I have a short listing with BofA with ratified offer. I submitted all the requested ppwk to the HAFA negotiaor. After all the ppwk was turned in they came back and asked for the buyer to come up almost $25k in there price. They said the appraisal came in way above the buyers offer and that is the lowest they will go. I think the appraiser priced this about $15-20k over the current market value. I sent the negotiator a message with a CMA and comps to support the buyers offer price and they…See More
Amy Alvarez joined Mike Linkenauger's groupHAFA Short Sale Program
This is a group to discuss the HAFA (Home Affordable Foreclosure Alternatives) Program, which is to streamline the short sale process.
Amy Alvarez joined Mike Linkenauger's group
Citi Short Sales
A group to discuss Short Sale programs with CITI Mortgage Company offer short sale help and strategies.
Amy Alvarez joined Michael Bellopede's group
REOTrans - Equator
This group is to discuss the Equator Short Sale System, as well as any Short Sale and REO programs through Equator (formerly REO Trans)
Amy Alvarez replied to Sara Pichelmann's discussion Suntrust in the group SunTrust"Help!!!!! I have been in a short sale with Suntrust going on 7 months and I am not feeling confident that I am going to get an approval..they took 5 months in setup, then the negotiator had the file for 2 months. I called today and they just…"
Amy Alvarez joined Mike Linkenauger's group
Bank of America Short Sales
A place to discuss Bank of America short sale programs and share information and help to get mortgage short sales approved.
Amy Alvarez replied to Ethan Gregory's discussion Suntrust Troubles in the group SunTrust"Hi Brenda,
I currently have a suntrust short sale I have been working on since March. You are looking any where from 6-12 months for a approval. They are understaffed, overwhelemed and honestly there customer service is only there to get you off…"
Amy Alvarez joined Mike Linkenauger's group
SunTrust
Group for discussing short sales with Suntrust and strategies for getting mortgage short sales approved in a timely manor
Profile Information
- Occupation
- Realtor
- Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
- I cover Alameda County which includes cities such as, Albany, Berkeley, Oakland, San Leandro, San Lorenzo, Hayward, Union City, Newark, Castro Valley, Union City, Pleasanton, Dublin & Lafayette. I also cover Contra Costa county which includes cities such as Richmond, El Sobrante, Rodeo, San Pablo, Concord, Walnut Creek, Martinez, Antioch, Brentwood, San Ramon.
- Short Sale Designations and/or Special Training
- CSSS (Certified Short Sale Specialist)
- Short Sale Transactions Completed
- 10-25
- Do you have any experience in Commercial Real Estate? If so, do you have the CCIM or any commercial designations? How many commercial transactions and dollar volume have you CLOSED?
- No
- About Me/Profile of yourself: - Please add your Brokerage Company name also!
- We have a team of 6 with 20 years combined Real Estate experience and success! Multilingual staff fluent in: Spanish & English. We process a listing request in hours, instantly launching an aggressive marketing campaign, following a very strict timeline to enable our clients to maximize their property & minimize their losses. We have the financial resources to properly service a large inventory of REO and short sale assets.
Our goal is to exceed your expectations!
~Amy Alvarez
Prudential California Realty
- Put in todays date! This is to help stop spammers!
- September 15, 2010
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Forum
Supreme Course rules on Quicken Case - Fee does not violate Section 8(b) of RESPA
Started by Patti Guilford in Rants and Raves. Last reply by Fred Shocklie 1 hour ago. 2 Replies 0 Likes
What does Analysis stage mean Bank of America
Started by Craig Schneider in Rants and Raves. Last reply by Craig Schneider 2 hours ago. 9 Replies 0 Likes
Making sure your Realtor is on top of things
Started by Stephen Dotlich in Rants and Raves. Last reply by Satar Naghshineh 2 hours ago. 16 Replies 0 Likes
Are FHA loans eligible for HAFA?
Started by Cinda Rose in Rants and Raves 5 hours ago. 0 Replies 0 Likes
Bank of America changed closing date
Started by Kevin Hayes in General Discussion. Last reply by Dawn Marie Richeal 5 hours ago. 5 Replies 0 Likes
Bank of America NDS Co-op on Proactive
Started by Olesya Drozdova in Question and Answer. Last reply by Jack Dudenhoeffer 6 hours ago. 3 Replies 0 Likes
Is There A Maximum Dollar Amount That Qualifies For A Short Sale?
Started by James Ybarra in Rants and Raves. Last reply by Mike Linkenauger 7 hours ago. 4 Replies 0 Likes
Does anyone have any short sale experience with Ocwen Bank?
Started by Varnie Jules in Network Talk. Last reply by Joseph C. Alfe on Monday. 15 Replies 0 Likes
Bank of America Short Sale Incentive Relocation Assistance
Started by TeamKane Realty in Rants and Raves. Last reply by Rob E. Kirchner on Sunday. 2 Replies 0 Likes
Can the seller pay additional commission?
Started by Jose Hernandez in Question and Answer. Last reply by Satar Naghshineh on Sunday. 63 Replies 0 Likes
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