Carmen Chavez
  • Female
  • United States
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Carmen Chavez's Discussions

What are chances for ss approval if seller has liquid assets, relocated across country to better job

Started this discussion. Last reply by Joseph C. Alfe May 16, 2012. 2 Replies

The hardship is the relocation when the house is worth less than what is owed on it...but sellers have sufficient resources to cover the costs to sell, they are employed...would the bnnk approve a…Continue

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Joseph C. Alfe replied to Carmen Chavez's discussion What are chances for ss approval if seller has liquid assets, relocated across country to better job
"100%"
May 16, 2012
Edwin Baloloy replied to Carmen Chavez's discussion What are chances for ss approval if seller has liquid assets, relocated across country to better job
"How are the loans structured and who is the servicer?   If it's significant liquid assets, you might have a chance with a cash contribution and I wouldn't take the listing unless the seller was willing. Also, ALL assets must be fully…"
May 14, 2012
Carmen Chavez posted a discussion

What are chances for ss approval if seller has liquid assets, relocated across country to better job

The hardship is the relocation when the house is worth less than what is owed on it...but sellers have sufficient resources to cover the costs to sell, they are employed...would the bnnk approve a short sale in such a situation?
May 13, 2012
Debbie Parkans, CDPE, CSSG, CRS replied to Carmen Chavez's discussion how many times can you apply for a HAFA short sale approval when buyers bail out? in the group HAFA Short Sale Program
"It is the date the HAFA approval expires - the HAFA approval is different from the approval of the offer.  I think you can only apply once for the actual HAFA approval BUT I am not aware of any limit on offers.  The HAFA approval itself…"
Apr 19, 2012
John E. Bonnett replied to Carmen Chavez's discussion how many times can you apply for a HAFA short sale approval when buyers bail out? in the group HAFA Short Sale Program
"Don't worry about renewing HAFA, you have 120 days to sell the property and then you may request an extension, which aren't easily granted unless you have a viable offer on the the nearby horizon.  If an offer is an and the lender has…"
Apr 19, 2012
Sidney Kutchuk replied to Carmen Chavez's discussion how many times can you apply for a HAFA short sale approval when buyers bail out? in the group HAFA Short Sale Program
"Carmen, You have time to recover and resubmit.I do not believe there is a hard number of time you can submit.I have had HAFA deal go through multiple buyers.This is normal. HAFA approval does not die with the exiting buyer unless your…"
Apr 19, 2012
Carmen Chavez added a discussion to the group HAFA Short Sale Program
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how many times can you apply for a HAFA short sale approval when buyers bail out?

need your help...I have a HAFA approved short sale with an offer that was HAFA approved...the Wells Fargo hafa approval expires the end of May...the buyer with the approved HAFA offer is bailing out...we are now without a buyer, we will need another buyer/offer... My Questions: does the HAFA ss approval end when current offer is cancelled or on the date the HAFA approval expires? if a new offer is accepted, will we need to re-initiate the HAFA short sale approval application process again? or…See More
Apr 19, 2012
Carmen Chavez commented on Mike Linkenauger's group HAFA Short Sale Program
"need your help...I have a HAFA approved short sale with an offer that was HAFA approved...the Wells Fargo hafa approval expires the end of May...the buyer with the approved HAFA offer is bailing out...we are now without a buyer, we will…"
Apr 19, 2012
Carmen Chavez joined Mike Linkenauger's group
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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.
Apr 19, 2012
Carmen Chavez joined Mike Linkenauger's group
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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.See More
Mar 17, 2012
Carmen Chavez updated their profile
Mar 16, 2012
Carmen Chavez is now a member of Short Sale Specialist Network
Mar 15, 2012

Profile Information

Occupation
Realtor
Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
Fremont, CA
Hayward, CA
Union City, CA
Newark, CA
San Leandro, CA
San Lorenzo, CA
Castro Valley, CA
Dublin, CA
Pleasanton, CA
Livermore, CA
Alameda County
Website
http://www.ziprealty.com/agent/cchavez?referredByAgent=cchavez
Short Sale Designations and/or Special Training
SFR (Short Sales and Foreclosures Resource)
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?
no
Put in todays date! This is to help stop spammers!
March 15, 2012
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!
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