Carol Pease
  • Cedar Park, TX
  • United States
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Thomas Otis commented on Carol Pease's blog post BANK OF AMERICA - FHA SHORT SALE STALLS - 13 MONTHS
"Same issues with Bank Of America. I have had some listings since 2011. All FHA files. It seems the only recourse is bofa-help at twitter. A couple with offers 3/2012 and one 12/2011, still no foreclosure date?? Bigger problem is over apprasied and…"
Jun 23, 2013
TOP END Properties commented on Carol Pease's blog post BANK OF AMERICA - FHA SHORT SALE STALLS - 13 MONTHS
"This sounds exactly like my current Short Sale! .. dates and everything.  Their is absolute corruption going on in the FHA department and honestly there is nothing we can do about it through standard escalations. I'm fairly certain it has…"
Jun 18, 2013
Carol Pease and Mike Linkenauger are now friends
Jun 18, 2013
Carol Pease shared their blog post on Facebook
Jun 18, 2013
Carol Pease posted a blog post

BANK OF AMERICA - FHA SHORT SALE STALLS - 13 MONTHS

I don't know what is going on at Bank of America,  but I have two stories to that are eerily similar.  Case number #1:  One short sale was started June 6, 2012.  The date is right.  It really has been going on a year.  It took 3 cases at HUD to finally get the seller out of " loan modification " status and into "short sale."  I have had the same buyer for a year.   On February 19, 2013 I was delighted to receive the "Welcome to Phase 2"  email  from Bank of America.  Yay!!!  We were in the home…See More
Jun 18, 2013
Carol Pease joined Clay Kime's group
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Un-Official Tax Consequenses for Sellers

Share your experiences from sellers, especially for SS transactions for Non-Principal Residence homes.Nobody will be held accountable for advise. But share to help find a possible path to recommend the sellers to explore with their accountants.See More
Feb 14, 2012
Carol Pease liked Josh Pomerleau's group Short Sale Processing Software
Feb 14, 2012
Carol Pease liked Peggy J. Wheaton's group CDPE Members
Feb 14, 2012
Carol Pease liked Mike Linkenauger's group HAFA Short Sale Program
Feb 14, 2012
Carol Pease joined Sharon Molnar's group
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Flagstar

Dealing with FlagstarAnyone with contact info for FlagstarSee More
Feb 14, 2012
Carol Pease replied to Larry Sarlo's discussion When negotiating 2nd liens, how do you present the initial offer on a preliniary HUD?
"I use the same HUD1 for both lenders and start the negotiations simultaneously.  If you are having trouble with the seconds hold firm on the commission grabbing.  Escalate to their executive offices if you have to.  Give them a…"
Feb 13, 2012
Carol Pease replied to Lynn d' Lindsey's discussion Bank of America Foreclosure Date of 2-13-12
"Try the Twitter team @BofA_Help.  They seem to be very proactive and helpful.  You may be fighting a losing battle with this one because of all the complicating factors.  Assuming you get this stopped you will have to find the…"
Feb 13, 2012
Carol Pease replied to Hyll Kulla's discussion WF decline
"Hyll,  try initiating the short sale again.  Then when you get those messages  in Equator with no Tasks,  call the Equator help line and tell them that the tasks were not there for you to complete.  You may be within 60 days…"
Feb 13, 2012
Carol Pease replied to Chris Rocheford's discussion BofA FHA short sale stuck - any ideas to get it moving again
"I am assuming you already have your Approval to Participate and that you have a contract in place.  You may want to try the Twitter Team @BofA_Help.  I've had great luck with them.  You should also call the National Hud…"
Feb 13, 2012
Carol Pease replied to Tracie Norman's discussion Bank of America Conventional Being Processed Outside of Equator?
"Bank of America is handling some cooperative short sales outside of Equator through REDC.  They appear to be Fannie Mae properties where it has been more than 18 months since the seller lived on the property.  They are offering $3,000 to…"
Feb 13, 2012
Carol Pease replied to Chris Colgan's discussion America's Servicing Company?? in the group Wells Fargo Short Sales
"Sharon: The left hand doesn't know what the right hand is doing when it comes to AMC and Wells Fargo.  My short sale was denied yesterday because Wells Fargo didn't consider the documents that were in Equator as being within 10 days…"
Jul 30, 2011

Profile Information

Occupation
Realtor
Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
Austin, Texas, Williamson County, Travis County
Website
http://www.shortsaled.com
Short Sale Designations and/or Special Training
SFR (Short Sales and Foreclosures Resource), CDPE (Certified Distressed Property Expert), LMC (Loss Mitigation Consultant)
Short Sale Transactions Completed
50-100
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
Put in todays date! This is to help stop spammers!
July 30, 2011
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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Carol Pease's Blog

BANK OF AMERICA - FHA SHORT SALE STALLS - 13 MONTHS

Posted on June 18, 2013 at 9:19am 2 Comments

I don't know what is going on at Bank of America,  but I have two stories to that are eerily similar.  Case number #1:

  One short sale was started June 6, 2012.  The date is right.  It really has been going on a year.  It took 3 cases at HUD to finally get the seller out of " loan modification " status and into "short sale."  I have had the same buyer for a year.   On February 19, 2013 I was…

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