"At what point do they offer this cash incentive? Are you "creating" an incentive and submitting it on the HUD-1 when you submit an offer? I haven't had any banks offer any incentives to our sellers yet.
"
Short Sale Specialist Network
Realtor Short Sales Training and Resources
Celeste O'Dea's Groups
Celeste O'Dea's Discussions
Freemont Investments
Started May 9, 2011 0 Replies 0 Likes
Has anyone worked with Freemont Investments?
Celeste O'Dea's Page
Latest Activity
Celeste O'Dea replied to Mike Linkenauger's discussion Are Your Sellers Getting Short Sale Cash Back Incentives?Celeste O'Dea commented on Mike Linkenauger's group Bank of America Short Sales"A month? Geesh! On BOAs form that you fill out when submitting the offer, it indicates to allow 20 days for a cash deal. I sent a note to the BAC Specialist, Closing Officer, and the Team Lead for a response. Haven't heard…"
Celeste O'Dea commented on Mike Linkenauger's group Bank of America Short Sales"I'm thinking the other appraisal is too old, too. I thought with this new process, they would check the HUD-1 and see that everything is the same and re-issue a new approval letter. That's what some of the other banks…"
Celeste O'Dea commented on Mike Linkenauger's group Bank of America Short Sales"BOAs new policy is you can submit a backup offer within 5 days of the previous buyer walking. Does anyone know what the turnaround time is once you submit the backup? I submitted one on the 30th and BOA has now ordered another…"
Celeste O'Dea posted a status"Desperately searching for a lender who will fund non-warrantable condos in Maryland with 20% down."
Celeste O'Dea replied to Mike Linkenauger's discussion Are Your Sellers Getting Short Sale Cash Back Incentives?"Very few. However, what they give; they take. So based on the comments, pros, tell me how much you ask for and how much they give. We get their song and dance where the Realtors have to make up the difference... Do you name it…"
Celeste O'Dea liked George Kenner's discussion PNC Bank Sponsors Social Media So I Figure I would Show Them SomeCeleste O'Dea replied to Tamilyn Simard's discussion Record Approval with Bank of America in the group Bank of America Short Sales"Congratulations! They didn't even counter it? Was it done via Equator? Where are you located? Awesome work Tamilyn!"
Celeste O'Dea 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.
Celeste O'Dea commented on Nathan Boynton's blog post Flag Star Short Sale"Flagstar is the most difficult company to work with. You must keep sending in documents on a monthly basis, without fail, or your file goes to the bottom of the stack. It sits on the bottom until you finally call and find out…"
Celeste O'Dea replied to Mike Linkenauger's discussion Best & Worse Lenders To Work With in 2011"Best
1. Bank of America
2. Wells Fargo
3. GMAC
4. Chase
Worse:
1. Flagstar
2. PNC
3. Aurora
4. IndyMac
5. Ocwen
Most Improved:
1. …"
Celeste O'Dea 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.
Celeste O'Dea joined Mike Linkenauger's group
Chase Short Sales
A group to Discuss Chase Short Sales and mortgage short sale programs with Chase Bank and Chase Home Finance.
Profile Information
- Occupation
- Realtor
- Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
- Maryland: Anne Arundel (Annapolis, Ft. George Meade, Harwood, West River, Tracys Landing, Arnold, Crownsville, Davidsonville, Edgewater, Gambrills, Gibson Island, Linthicum, Mayo, Millersville, Odenton, Crofton, Churchton, Glen Burnie, Riva, Severn, Severna Park, Catonsville, Deale, Shady Side, Galesville, Lothian, North Beach); Prince George's (Cheltenham, Beltsville, Lanham, Laurel, Bladensburg, Mt. Rainier, Bowie, Mitchellville, Brentwood, Clinton, Riverdale, College Park, Capital Heights, Fort Washington, Oxon Hill, Suitland, Temple Hills, Andrews AFB, Glenn Dale, Greenbelt, Upper Marlboro, Hyattsville); Howard (Columbia, Hanover, Ellicott City); Northern Calvert (Huntingtown, Dunkirk, North Beach, Owings, Tracys Landing, Dowell, Sunderland, Chesapeake Beach); Queen Anne's (Stevensville, Chester, Queenstown, Centreville, Church Hill, Grasonville, Ingleside, Queen Anne); Caroline (Goldsboro, Denton, Greensboro, Preston, Ridgley); Worcester (Ocean City).
- Short Sale Designations and/or Special Training
- SFR (Short Sales and Foreclosures Resource), CDPE (Certified Distressed Property Expert), LMC (Loss Mitigation Consultant), Harris University Training (Of Some Kind), Equator Certified, HRC (Home Retention 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 commercial experience.
- About Me/Profile of yourself: - Please add your Brokerage Company name also!
- Full time MD Realtor since 1989, specializing in short sales and REO properties since 1993. A vendor partner for valuation services, default services, lending institutions, and asset management companies providing BPOs and property inspections. A partner with my husband, Skip, of The O’Dea Group. We are a competent and knowledgeable team who provide first-class, efficient service in all aspects of REO marketing. Received extensive training and certification as a Home Retention Consultant to further benefit mortgage companies and third party servicers in assisting borrowers who are delinquent on their mortgage payments. Highly organized, motivated, and professionally trained with a business management degree and recognized skills in administration, management, and organization. An REO Default Certified Professional (RDCPro), Equator/REO Trans Platinum REO and Short Sale Certified; RES.net AMP Certified; REO Network Premium Partner; ExcellenREO Partner; Short Sale and Foreclosure Resource (SFR), Home Retention Consultant (HRC), Loss Mitigation Consultant (LMC); and a member of REOPro, Short Sale Specialists, and Short Sale Superstars. Brokerage: Keller Williams Select Realtors, Annapolis, MD.
- Put in todays date! This is to help stop spammers!
- May 9, 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!
- I AGREE
Comment Wall (1 comment)
- At 11:51am on May 10, 2011, Sharon Tukay gave Celeste O'Dea a gift…
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