Cindy Billman, CDPE, SFR
  • Female
  • Grapevine, TX
  • United States
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Cindy Billman, CDPE, SFR's Friends

  • Diane V. Tatum
  • Sharon Tukay
  • Mark Smith  CDPE  SFR
  • Aldo Figueroa - Maryland Agent
  • Julie Richa-Bushore
  • Sharon Molnar
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Cindy Billman, CDPE, SFR's Discussions

THIRD PARTY COMPANIES OFFERING TO BUY SHORT SALE

Started this discussion. Last reply by Cindy Billman, CDPE, SFR May 16, 2011. 56 Replies

This is the 2nd call in a week I have received - a company saying they will assume the loan and give moving assistance to the owners and pay me a referral fee on my short sale listings. Has anyone…Continue

OUTSOURCING SHORT SALES?!

Started this discussion. Last reply by Joseph C. Alfe Mar 30, 2011. 23 Replies

Beware short sale agents that use a "Professional Negotiator" to handle your short sales because you are too busy or too lazy to do it yourself! You have just opened yourself up for a potential…Continue

GMAC LOAN MOD - NEED HELP PLEASE

Started Feb 25, 2011 0 Replies

I have a homeowner that is trying to get a loan mod from GMAC - but GMAC will not talk to her - the reason - she filed BK but it has been discharged and she has sent in her discharge papers three…Continue

Bank of America Approval? Have Question

Started this discussion. Last reply by Cindy Billman, CDPE, SFR Oct 14, 2010. 2 Replies

After negotiating back and forth - I submitted buyer's final offer - I received a response from BoA to submit the contract amendment for approval - the offer shows "Held" in equator.com - does anyone…Continue

 

Cindy Billman, CDPE, SFR's Page

Latest Activity

Cindy Billman, CDPE, SFR replied to John Fosterling's discussion IndyMac/OneWest Bank
"What is it that we need to do?"
Dec 30, 2013
Cindy Billman, CDPE, SFR replied to Fern Tzoucalis's discussion Wells Fargo Short Sale Nightmare in the group Wells Fargo Short Sales
"My experience with WF on shorts sales (I have done several) - it will be transferred to a "new" negotiator 3 to 4 times - each negotiator will start from scratch to verify the paperwork even though the previous negotiator had already done…"
Nov 1, 2013
Cindy Billman, CDPE, SFR updated their profile
Aug 8, 2013
Cindy Billman, CDPE, SFR commented on steven vanderlaan's blog post Homeward Residential Sends approval and Hires it's own company (Power Reo) to Assist in the sale taking almost 40% of the sales agents commission in the process.
"Joseph is correct - Power REO is located not far from me - their parent company is Homeward, formerly AHMSI - their address is 1525 S Belt Line Rd., Coppell, TX 75019 - Phone 877-314-6200. The have their Texas State brokerage license. So,…"
Jan 24, 2013
Cindy Billman, CDPE, SFR commented on steven vanderlaan's blog post Homeward Residential Sends approval and Hires it's own company (Power Reo) to Assist in the sale taking almost 40% of the sales agents commission in the process.
"I have one with them now and I cannot get a response - think I just might walk away from this one!"
Jan 24, 2013
Cindy Billman, CDPE, SFR commented on Toby Boyce's group PNC/National City
"Thanks!"
Aug 8, 2012
Cindy Billman, CDPE, SFR commented on Toby Boyce's group PNC/National City
"Pre-approved short sale from BoA and they are the 1st lienholder - more than likely they will get a full payoff - the 2nd lienholder is PNC (OMG!) - PNC sent the borrower a notice stating that the loan has been charged off as a bad debt. Has anyone…"
Aug 7, 2012
Cindy Billman, CDPE, SFR joined Toby Boyce's group
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PNC/National City

Insight into those that are doing short sales with PNC or the former National City Mortgage.
Aug 1, 2012
Cindy Billman, CDPE, SFR replied to Andrew Sawyer's discussion Dignified Transition Solutions in the group Bank of America Short Sales
"DTS is contracted with BoA to contact HOs whose loan has been pre-approved for a short sale - basically, they use agents to contact these HOs because BoA has not been able to get a response and/or they don't have the manpower- after receiving…"
Aug 1, 2012
Cindy Billman, CDPE, SFR is attending Mike Linkenauger's event
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REO Expo 2012 at Ft. Worth Convention Center

June 11, 2012 at 6pm to June 14, 2012 at 7pm
Now in its third year, REO EXPO is the nation's largest event focused solely on distressed residential real estate management. REO EXPO sets the industry standard for delivering meaningful content, quality speakers and the only award to recognize best in-class performance for REO asset managers – The Pinnacle Awards.Recognized…See More
Jun 8, 2012
Cindy Billman, CDPE, SFR replied to Kathy Toth's discussion Electronic Signatures NOT Allowed? in the group Bank of America Short Sales
"All of the BoA short sales I have done have required original signatures"
Feb 17, 2012
Cindy Billman, CDPE, SFR commented on Nathan Boynton's blog post Flag Star Short Sale
"FlagStar is one of the worst!! I hounded them weekly on a short sale and they kept saying it was on the manager's desk for final approval - 4 months later it went to foreclosure - Contract was for $184k, it ended up selling for $161k a year…"
Jan 18, 2012
Cindy Billman, CDPE, SFR commented on Peggy J. Wheaton's group CDPE Members
"Welcome aboard Jamie - you will love this group!"
Jan 13, 2012
Cindy Billman, CDPE, SFR replied to Brandi Hamilton's discussion What went wrong!! Please lend advice on deal dead after 6 months.... in the group Bank of America Short Sales
"Angela - you are correct - it was a HAFA - the 2nd one was not that why's it was listed immediately. I do find that banks are more willing to try and work with a seller if they know upfront what the seller's intentions are!"
Jan 12, 2012
Cindy Billman, CDPE, SFR replied to Brandi Hamilton's discussion What went wrong!! Please lend advice on deal dead after 6 months.... in the group Bank of America Short Sales
"This can and does happen but I see several things that would have raised a red flag to me - 1) Did the seller and sellers's agent have contact with lienholder to determine if the seller qualified for a short sale? 2) Did the Seller provide the…"
Jan 12, 2012
Cindy Billman, CDPE, SFR replied to Mike Linkenauger's discussion Fannie Mae CEO Michael Williams to Resign!
"I think he has decided to take his (Our) money and run!!!!"
Jan 10, 2012

Profile Information

Occupation
Realtor
Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
Texas - Tarrant County - Cities: Grapevine, Hurst, Euless, Bedford, Southlake, Colleyville, Keller, North Richland Hills, Richland Hills
Denton County - City: Flower Mound, Trophy Club, Roanoke, Westlake
Dallas County - Cities: Irving, Coppell
Website
http://www.cindybillman.remaxtexas.com
Short Sale Designations and/or Special Training
CSSG (Certified Short Sale Guide), SFR (Short Sales and Foreclosures Resource), CDPE (Certified Distressed Property Expert), CSSS (Certified Short Sale Specialist), HRC (Home Retention Consultant)
Short Sale Transactions Completed
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?
Yes but not involved
About Me/Profile of yourself: - Please add your Brokerage Company name also!
30+ years in real estate with 15 years as an REO Asset Mgr and Loss Mit Negotiator. Short Sale experience began in the early 1990's. I am a Certified HAFA Specialist and am a Realtor/Associate with RE/MAX Integrity II in Colleyville, TX.
Put in todays date! This is to help stop spammers!
June 22, 2010
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

Cindy Billman, CDPE, SFR's Blog

MIKE and ANDREW ARE A HOOT!!

Posted on June 13, 2011 at 8:56pm 3 Comments

For those of you haven't met Mike or Andrew - I just wanted to say these two are really great guys - I look forward to the dinner Tuesday in Ft Worth.  For those of you attending, please ask Mike if he has learned to speak Texan!

Texas AG Stops Foreclosures and Evictions

Posted on October 6, 2010 at 9:29am 0 Comments

The Texas Attorney General's office has halted all foreclosures, all sales of properties previously foreclosed upon, and all evictions of persons residing in previously foreclosed upon properties, until mortgage companies have completed a review of their processes, including whether employees or agents "robosigned” affidavits and other documents recorded in Texas.



The AG suspension notices were sent to 30 mortgage-loan servicers doing business in…

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REOMAC October Conference in Florida

Posted on September 27, 2010 at 3:06pm 1 Comment

Is anyone going? Please let me know, I would love to meet any members that will be attending!

ANOTHER SHORT SALE FIASCO

Posted on September 21, 2010 at 9:58am 2 Comments

I had to share this as it is just too dumb! Listed a short sale in April, sellers had already moved out. Received a contract in June and submitted to lien holder (Flagstar), followed up weekly, fcl sale date was postponed, was told the contract was on manager's desk for approval. Well, it ended up going to foreclosure on Aug 2nd with the contract still sitting on someone's desk.

As of right now, the locks still have not been changed, the yard is unkept, etc. As it turns out, the…

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Comment Wall (3 comments)

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At 12:45pm on July 31, 2010, Mike Linkenauger gave Cindy Billman, CDPE, SFR a gift
At 6:19pm on July 18, 2010, Sharon Molnar said…
Hah. Welcome Cindy. I just used with your permission from LinkedIn a post about the short sale process. How weird to find you here. But, anyway, Welcome
At 10:27am on July 17, 2010, Mike Linkenauger gave Cindy Billman, CDPE, SFR a gift
 
 
 


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