"Thanks Cheryl,
You saved me the need to quote the Washington State law. This is a state by state issue with Washington being ahead of the game following Arizona's guidelines. I do Business Development for Law firms and the footprint is a 1% fee…"
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Latest Activity
Bill Black replied to Tracie Norman's discussion Charging the Buyer a Fee to Process the Short Sale ListingBill Black replied to Mike Linkenauger's discussion HAFA program extended and new guidelines announced in the group HAFA Short Sale Program"I am trying to understand these and if anyone has any input feel free to share-
Here is more of the amended changes-
A loan may be eligible for HAMP Tier 2 if the loan has not previously been modified under HAMP Tier 2 and the loan satisfies the…"
Bill Black replied to Andy Stetz's discussion FHA short sale in the group FHA"Your a good man Mr. Stetz for asking the questions and sharing the answers. That is what team work is all about and it takes a village these days to stay up on the banks. Great work- keep us in the loop on your success.
Bill Black- Washington…"
Bill Black replied to Casey Sexton's discussion How do I get GreenTree to release me from balance of the loan?"For what its worth a negotiator with Green Tree just spelled out their policy re: 2nd’s as follows (not in a special short sale program):
Lien Release Only:
The higher of:
5% CASH of the Gross Sales Price or,
15% CASH…"
Bill Black replied to Andy Stetz's discussion FHA short sale in the group FHA"Go straight to HUD.... the approved price is ONLY for a set time. They complete appraisal and request 88% net of FMV first 30 days- then 86% next 30 and then 84% next 30.... If the appriasal is older than 90 days then DIL usually is an option. Looks…"
Bill Black joined Peggy J. Wheaton's group
CDPE Members
This is a group for members of The Short Sale Specialist Network who have earned the CDPE (Certified Distressed Property Expert) designation.
Bill Black joined Sara Mehrpouyan Los Angeles CDPE's group
About Bankruptcy
There may be bankruptcy somewhere in the situation when it comes to homeowners in distress.
Bill Black 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.
Profile Information
- Occupation
- Mortgage Broker, Negotiator
- Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
- Vancouver, Washington, Clark County, Cowlitz County, Seattle, Tacoma,
- Short Sale Designations and/or Special Training
- CDPE (Certified Distressed Property Expert), Harris University Training (Of Some Kind), Equator Certified
- Website
- http://www.nwssn.com
- Short Sale Transactions Completed
- 100+
- 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!
- Ten years as a mortgage broker/owner and last few years worked as consultant assisting a BK attorney build a short sale negotiations team within his law firm. We have met with over 2,000 clients offering a free consultation and closed over 120 short sales and currently have 120 short sales with offers submitted and plans on having 300 in the pipeline in 2012.
- Put in todays date! This is to help stop spammers!
- June 5, 2010
- PLEASE READ THIS!!! - This site is primarily for Realtors, REAL buyers or sellers with questions are welcome to ask, anyone here for other purposes may be banned. 1. Because this site is primarily for agents agents, Any soliciting is pointless and is not allowed. Please do not sell or promote products or services in any way, directly or indirectly. Do not link or sneak in links promoting your services on comments, posts, discussions or blogs. You may have links on your profile pages to your websites as long as your are not selling things other than real estate! Again, absolutely no outgoing links to your websites, blogs or listings 2. Do not speak disparagingly about members on this site. This community is meant to be helpful, and we are here to help each other. 3. We reserve the right to delete content and/or ban members that violate these rules. 4. Member Name (Full Name Field) format must be FIRST NAME, then LAST NAME! Please no company names, DESIGNATIONS, or website in the name field! Please read the terms of service under the "home" tab! IF YOU AGREE TO THESE TERMS, PLEASE TYPE "I AGREE" IN THE BOX BELOW!! Thanks for your cooperation, and welcome to the Network!
- I agree
Comment Wall (1 comment)
- At 4:46pm on September 30, 2010,
Jessica Hobirk said… - Happy Birthday from all of us at The Short Sale Specialist Network!
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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
© 2012 Created by Mike Linkenauger.
