"Andy,
The buyer's do not have authorization to discuss the account with BofA. The listing agent or the seller's can call to escalate. Unless the buyer's are given authorization. I would do it myself."
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Latest Activity
Ben Racela commented on Mike Linkenauger's group HAFA Short Sale Program"Hi Julie,
We currently working on a one with BofA. The account has been setup in Equator and of course it is not setup up for HAFA. What I mean is that the application is not a task in Equator. Also the seller was asked to complete the HAFA…"
Ben Racela commented on Mike Linkenauger's group HAFA Short Sale Program"We have had a few HAFA short sale transactions but none with IndyMac, yet. But the ones we did work on the lender did inform that the seller was eligible for HAFA and would have to complete the HAFA application form and send back. But just like…"
Ben Racela replied to Sara Garabedian DRE# 00931842's discussion chase charged-off 2nd loan went from collections to recovery - what does that mean? in the group Chase"It has been our experience with 2nd positions that they account will be "charged off" after 6 months of missed payments. When you call the 2nd position they will tell you that the account is "paid in full" and if you dig deeper…"
Ben Racela replied to Dan Hawkins CRS SFR CSSG CDPE's discussion Anyboby done a HAFA Wachovia Short sale? in the group WACHOVIA Short Sales"I have started on but they are tricky and the first thing a seller has to do is to apply for the HAMP. That means a 3 month minimum process before the HAFA begins. It would be a good thing for the seller but like most government programs there are…"
Ben Racela joined Mike Linkenauger's group
GMAC
Group to provide information about GMAC Short Sale programs and discuss mortgage short sales with GMAC
Ben Racela joined Mike Linkenauger's group
Chase
A group to Discuss Chase Short Sales and mortgage short sale programs with Chase Bank and Chase Home Finance.
Ben Racela joined Mike Linkenauger's group
HAFA Short Sale Program
This is a group to discuss the HAFA (Home Affordable Foreclosure Alternatives) Program, which is to streamline the short sale process.
Ben Racela joined SHANNON McGREGOR ~ CSSG, HRC's group
WACHOVIA Short Sales
This is a group to discuss Wachovia Short Sales and information on the Wachovia Fast Track Short Sale Program
Ben Racela joined Mike Linkenauger's group
Wells Fargo Short Sales
Group to discuss short sales with Wells Fargo and Wells Fargo Financial and share solutions to getting mortgage short sales approved.
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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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