"settled is great! it is a good word. released is bad... :)"
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Andy Morris replied to Bill Gross's discussion Chase wording of "Settled" short sales in the group Chase Short Sales
Garett Chadney, SFR replied to Bill Gross's discussion Chase wording of "Settled" short sales in the group Chase Short Sales"Uh oh...I have a couple new files with Chase. Does your new approval state they will be waiving any deficiency rights?"
Bill Gross added a discussion to the group Chase Short Sales
Chase wording of "Settled" short sales
Is it just my files, or has Chase changed the wording of their approval letters? I have a client that on his own got approval, but the approval said "Settled in Full." I now have another of his properties approved both 1st and 2nd with Chase, but both negotiators say they changed the wording to "Settled." Both negotiators say that is all they can do. Anyone else having this?See More
Bill Gross commented on Toby Boyce's group PNC/National City"PNC says their policy on 2nds is not to accept less than half, even if non-recourse debt. Check out details on my blog at www.StupidShortSales.Com"
Bill Gross replied to Woody Edwards's discussion Appraisal issues with BofA in the group Chase Short Sales"One of the problems with Equator is the value is done by their computer as well, so there is no one to talk to about valuation issues like this. I have the same issue with other lenders. I had an EMC negotiator insist their appraiser had been to my…"
Bill Gross joined Mike Linkenauger's groupChase Short Sales
A group to Discuss Chase Short Sales and mortgage short sale programs with Chase Bank and Chase Home Finance.
Bill Gross replied to Colleen Pestana's discussion PNC as second lender - any tips? in the group PNC/National City"This was a purchase money 2nd. PNC even acknowledged that both to me and the customer. In California, purchase money 2nds get wiped out in foreclosure."
Bill Gross replied to MeLisa Minter's discussion Has anyone upgraded to Certified Status?? in the group REOTrans - Equator"In my market, asset managers respond to cash, women, and sports tickets."
Bill Gross replied to MeLisa Minter's discussion Has anyone upgraded to Certified Status?? in the group REOTrans - Equator"I upgraded. Got nothing. Just a come on. When I have a seller input me as the realtor, the system always says Equator sent me the lead. Yeah, right. Worthless."
Bill Gross 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)
Bill Gross replied to Me Sout's discussion PNC Bank - HELP"I have had a similar experience. http://www.StupidShortSales.Com . PNC is forcing a foreclosure or bankruptcy by demanding more than the 10% the 1st is allowing. This is on a purchase money 2nd where there will be no deficiency. Idiots....."
Bill Gross replied to Colleen Pestana's discussion PNC as second lender - any tips? in the group PNC/National City"I have had a similar experience. My homeseller crossed out the word that confirmed the loan, and signed, and PNC did not mention it and processed the file. Of course, they want over 50% of the loan that would otherwise be non-recourse and faces…"
Bill Gross joined Toby Boyce's group
PNC/National City
Insight into those that are doing short sales with PNC or the former National City Mortgage.
Profile Information
- Occupation
- Realtor, Real Estate Broker, Mortgage Broker, Negotiator
- Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
- Southern California; Los Angeles County, Orange County, Ventura County
- Short Sale Designations and/or Special Training
- CSP (Certified Short Sale Professional)
- Website
- http://www.RealDealsLA.Com
- 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
- Put in todays date! This is to help stop spammers!
- December 15, 2010
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Forum
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Does anyone have any short sale experience with Ocwen Bank?
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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?
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