"That's a tough one Phil. If the Chase loan was a cash-out refi they have the right for recourse after the foreclosure. The only thing you can do is keep throwing scenario's out to the banks and hope you can find one that makes…"
Short Sale Specialist Network
Realtor Short Sales Training and Resources
-
Fred Tenbrink CDPE, SFR
- American Canyon, CA
- United States
- Blog Posts
- Discussions
- Events
- Groups (6)
- Videos
Fred Tenbrink CDPE, SFR's Groups
Fred Tenbrink CDPE, SFR's Page
Gifts Received
Fred Tenbrink CDPE, SFR has not received any gifts yet
Latest Activity
Fred Tenbrink CDPE, SFR replied to Penny Howard's discussion Tenant Wants to Submit Offer on SS in the group Wells Fargo Short Sales"Plus, how would Wells Fargo know if the person submitting the offer is the renter? That isn't disclosed anywhere. They are not a friend, neighbor or family member and they are not in a business relationship to somehow have the home go back to…"
Fred Tenbrink CDPE, SFR replied to Penny Howard's discussion Tenant Wants to Submit Offer on SS in the group Wells Fargo Short Sales"As long as they are not related that is fully acceptable."
Fred Tenbrink CDPE, SFR commented on Mike Linkenauger's group Wells Fargo Short Sales"Also, I forgot to say, yes, the owner of the property has the right to receive all rent because legally the property is still theirs. Just like owners can receive rent up until the trustee sale date of a foreclosure. The legal owner has the…"
Fred Tenbrink CDPE, SFR commented on Mike Linkenauger's group Wells Fargo Short Sales"As long as there is a true hardship banks generally do it. I have a lot of 2nd and 3rd homes listed for short sale right now, and have closed a lot, so it does happen."
Fred Tenbrink CDPE, SFR replied to Andrea Cruz's discussion Trustee sales in California, Banks put property up for bid at 150k when homeowner owed 321k in the group Bank of America Short Sales"I have had these offers in the investors hands and the denied them."
Fred Tenbrink CDPE, SFR replied to Andrea Cruz's discussion Trustee sales in California, Banks put property up for bid at 150k when homeowner owed 321k in the group Bank of America Short Sales"Tes, sadly it is becoming more common. It sounds really dumb for a bank to list less then the offer on the table, but it is the investors call."
Pam Woods replied to Fred Tenbrink CDPE, SFR's discussion Wells Only Allows $2,000 for Closing Costs????? in the group Wells Fargo Short Sales"I would love to share my recent experience in this matter. I represent the buyers in a purchase of a Wells Fargo short sale. We asked for 3% of the purchase price ($12,600) and were approved. I have an approval letter in writing…"
Fred Tenbrink CDPE, SFR commented on Mike Linkenauger's group Bank of America Short Sales"That is no where near the sweet heart deal brokered to One West Bank formerly loans of Imdy Mac. They insured to 80% of the difference between loan amount and sold amount, even though they bought the loans for 30 cents on the dollar."
Fred Tenbrink CDPE, SFR replied to marc lederman's discussion GMAC acceptance with only 5% commission in the group GMAC Short Sales"Marc,
The first thing is, is the loan fannie or freddie, if it is not either of these then it's a moot point. Sadly this is where the 2nd lien has some say. Their threat is they will not authorize the short sale. Be glad it is 5% and not 4%,…"
"I have the same problem as Fred they are only offering $2000 for closing costs has anybody got them to come up?"
Fred Tenbrink CDPE, SFR commented on Mike Linkenauger's group Bank of America Short Sales"If you have a security clearance of any kind, being military or police investigations, that will be compromised if you foreclose. So for some people who have these clearances it is a major issue. Also credit it substantially less impacted with a…"
Fred Tenbrink CDPE, SFR commented on Mike Linkenauger's group Bank of America Short Sales"SB931 is only for the state of California. If a bank performs a Trustee sale of the property that is their "One Action" they can take because CA is a "One Action" State, so they would not be able to seek recourse for deficiencies…"
Fred Tenbrink CDPE, SFR commented on Mike Linkenauger's group Bank of America Short Sales"Cecilia Rodriguez, you and all other agents in California need to read California State Senate Bill 931 (SB931) which states all 1st lein holders, whether primary residence, refinanced loans or non-owner occupied, can not seek a deficiency.…"
Joseph C. Alfe replied to Fred Tenbrink CDPE, SFR's discussion Wells Only Allows $2,000 for Closing Costs????? in the group Wells Fargo Short Sales"its not WF policy, rather it's the investor on your particular loan."
Profile Information
- Occupation
- Realtor
- Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
- Napa, Solano, Contra Costa and Alameda Counties
Cities of
Napa
American Canyon
Vacaville
Fairfield
Green Valley
Suisun City
Vallejo
Corckett
Hercules
Pinole
San Pablo
El Sobrante
Richmond
El Cerrito
Albany
Kensington
Oakland
Lafayette
Alameda
- Short Sale Designations and/or Special Training
- SFR (Short Sales and Foreclosures Resource), CDPE (Certified Distressed Property Expert)
- 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
- About Me/Profile of yourself: - Please add your Brokerage Company name also!
- RE/MAX Gold Standard was opened by me for the concern of people with mortgages that became a burden they will never rid themselves of. Switching from and REO agent to Short Sales because I no longer wanted to kick people out of their homes, but help them sell the property in a dignified way.
- Put in todays date! This is to help stop spammers!
- August 19, 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
~ JOIN US ~
We Refer Thousands of
Listings to agents like YOU!
_____________________
Customer Service (877)737-4903
Contact our support staff CLICK HERE
___________________
____________________
Realtor Short Sale Training Program
____________________
FOLLOW US!
  |
|
  |
______________________
Always seek legal advice and representation. The Short Sale Specialist Network and First Coast Realty Associates assume no responsibility for the content of this website.
____________________
Jacksonville Real Estate Short Sale Help CA Short Sale
____________________
Forum
Supreme Course rules on Quicken Case - Fee does not violate Section 8(b) of RESPA
Started by Patti Guilford in Rants and Raves. Last reply by Fred Shocklie 2 hours ago. 2 Replies 0 Likes
What does Analysis stage mean Bank of America
Started by Craig Schneider in Rants and Raves. Last reply by Craig Schneider 2 hours ago. 9 Replies 0 Likes
Making sure your Realtor is on top of things
Started by Stephen Dotlich in Rants and Raves. Last reply by Satar Naghshineh 3 hours ago. 16 Replies 0 Likes
Are FHA loans eligible for HAFA?
Started by Cinda Rose in Rants and Raves 5 hours ago. 0 Replies 0 Likes
Bank of America changed closing date
Started by Kevin Hayes in General Discussion. Last reply by Dawn Marie Richeal 6 hours ago. 5 Replies 0 Likes
Bank of America NDS Co-op on Proactive
Started by Olesya Drozdova in Question and Answer. Last reply by Jack Dudenhoeffer 6 hours ago. 3 Replies 0 Likes
Is There A Maximum Dollar Amount That Qualifies For A Short Sale?
Started by James Ybarra in Rants and Raves. Last reply by Mike Linkenauger 7 hours ago. 4 Replies 0 Likes
Does anyone have any short sale experience with Ocwen Bank?
Started by Varnie Jules in Network Talk. Last reply by Joseph C. Alfe on Monday. 15 Replies 0 Likes
Bank of America Short Sale Incentive Relocation Assistance
Started by TeamKane Realty in Rants and Raves. Last reply by Rob E. Kirchner on Sunday. 2 Replies 0 Likes
Can the seller pay additional commission?
Started by Jose Hernandez in Question and Answer. Last reply by Satar Naghshineh on Sunday. 63 Replies 0 Likes
© 2012 Created by Mike Linkenauger.
