"I have an investment company and a negotiating company. My wife holds a license. Here is what I do. On a case by case basis, depending on the type of offer and the amount of closing costs they ask for and such, I alter a specific…"
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FHA Approval to Participate Expired... Wells Fargo
Started this discussion. Last reply by Kevin - Greenville, SC Dec 12, 2011. 6 Replies 0 Likes
I had a lady contact me about her house. They had listed it with an agent around Jan 2011 and had no offers, from my understanding. There was an approval to participate at 140K. It expired and so…Continue
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Brandon Ketron replied to Paul Antonelli's discussion How are agents charging for their short sale processing fees
Kevin - Greenville, SC replied to Brandon Ketron's discussion FHA Approval to Participate Expired... Wells Fargo"Call me - 864-485-9283"
Brandon Ketron replied to Brandon Ketron's discussion FHA Approval to Participate Expired... Wells Fargo"Thank you all for your replies. I have spoken with HUD. They told me that the ATP is only given once and there is nothing we can do. We have tried numerous contacts at Wells Fargo with no results. I then pulled out an old…"
Angelica Molina replied to Brandon Ketron's discussion FHA Approval to Participate Expired... Wells Fargo"Had a similar situation last year, however the bank wasn't willing to negotiate (I thought) so I contacted HUD, and I was told by HUD that approvals are given only once, couldn't re-issue another approval, even…"
Pam Smith replied to Brandon Ketron's discussion FHA Approval to Participate Expired... Wells Fargo"Call HUD at 888-297-8685. You will need to fax in a Authorization to Release Information to them at 918-551-5391 first. Ask to have a ticket assigned. Then a counselor will be assigned and call you back in usually 48 hours. They can help get the…"
Lila Lopez replied to Brandon Ketron's discussion FHA Approval to Participate Expired... Wells Fargo"Good Morning Brandon, I would call and ask for a supervisor or manager and explain the situation. You may also wish to submit your offer with recent comparables to show where the current market prices are, along with a loan preapproval for the…"
Monika Goetze replied to Brandon Ketron's discussion FHA Approval to Participate Expired... Wells Fargo"In my experience, the negotiator needs to send a variance in order to get it extended. I would escalate this issue with the servicer itself and if that doesn't work contact HUD at ExtensionRequests@hud.gov and see if a case worker can be…"
Brandon Ketron posted a discussionFHA Approval to Participate Expired... Wells Fargo
I had a lady contact me about her house. They had listed it with an agent around Jan 2011 and had no offers, from my understanding. There was an approval to participate at 140K. It expired and so did the listing with that agent. They contacted me and we have been trying to get an offer reviewed ever since. There was a low offer from an investor and now we have a great offer from an owner occupant of 129,900. They are telling me that because the 120 days expired, there is nothing they can…See More
Brandon Ketron replied to Mike Linkenauger's discussion 3rd Party Negotiators or Do it in house?"We are an investment company and do our own and also do short sales for a lot of Agents. It is a win/ win. They get a commission and we run the deal and buy the property. Contact us if you are interested in working with us"
Profile Information
- Occupation
- Investor
- Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
- Blount County, Knox County, Knoxville, Maryville, Alcoa, Louisville, Friendsville, Farragut, Karns, Powell, Fountain City, Seymour, Halls, all in Tennessee
- Website
- http://www.TNHouseRelief.com
- Short Sale Transactions Completed
- 0-5
- 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?
- Purchased apartments $300,000
- About Me/Profile of yourself: - Please add your Brokerage Company name also!
- I am an investor. We perform short sales as an acquisition strategy to help homeowners who otherwise cannot sell their house and are behind on payments. We purchase all kinds of properties in this area. Our company is TN House Relief
- Put in todays date! This is to help stop spammers!
- January 24, 2011
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