Gregg Tepper
  • Mandeville, LA
  • United States
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Gregg Tepper's Page

Latest Activity

Sonda Hilario replied to Gregg Tepper's discussion GMAC Counter-Offers in the group GMAC Short Sales
"Gregg, Were you able to get anywhere with the appraisal and comps? We have the same situation on a file that is scheduled to go to sale on Monday.  GMAC happens to be using REDC the auction company on our file to negotiate on their behalf, very…"
Nov 10, 2011
Steve Becker replied to Gregg Tepper's discussion GMAC Counter-Offers in the group GMAC Short Sales
"My situation with GMAC is similar but a bit different.  We have been trying to buy a property in Sarasota, FL which is a short sale and been on the market for over a year.  Our understanding is the seller has not made a payment in over a…"
Aug 12, 2011
Scott Marvin replied to Gregg Tepper's discussion Stopping the auction in the group Preferred Partners
"I just had one with Wells go to sheriff auction. They did several postponements but we could not get an offer high enough to satisfy the investor. This was an investor's property who was facing a tax penalty so we tried for as high a price as…"
Jan 27, 2011
Gregg Tepper replied to Gregg Tepper's discussion GMAC Counter-Offers in the group GMAC Short Sales
"Sara, They are 2 separate negotiators. I have not found GMAC to be good escalators. One of the negotiators suggested that I upload my own comps and photos which I am going to do. I sent in a recent appraisal that validates the contract price on the…"
Oct 18, 2010
Sara Mehrpouyan Los Angeles CDPE replied to Gregg Tepper's discussion GMAC Counter-Offers in the group GMAC Short Sales
"Gregg, are both your short sales with the same negotiator? Have you tried escalating at all? Good luck."
Oct 18, 2010
Gregg Tepper added a discussion to the group GMAC Short Sales
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GMAC Counter-Offers

Has anyone received any counter-offers from GMAC lately which just seem crazy and unrealistically high? It seems they are disregarding BPO's and randomly using numbers and adding at the end - "please bring us the buyer's highest and best," just to see how much money they can get. I have 2 pending short sales with them where they have countered over $40,000 on each offer, and I know that I know that I know that the offer amounts were not off base. This is angers and upsets all the parties…See More
Oct 18, 2010
Gregg Tepper joined Mike Linkenauger's group
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GMAC Short Sales

Group to provide information about GMAC Short Sale programs and discuss mortgage short sales with GMAC
Sep 10, 2010
Tim Sweeney replied to Gregg Tepper's discussion Stopping the auction in the group Preferred Partners
"when you put in an offer like that, who is the buyer? don't they require proof of funds or a pre-qual letter? can they tell that it's not a real offer from a real person?"
Sep 2, 2010
Gregg Tepper received a gift from Mike Linkenauger
Aug 9, 2010
Nancy Fraser replied to Gregg Tepper's discussion Stopping the auction in the group Preferred Partners
"Hi Gregg I have also had an auction stopped when resubmitting a package after the bank has closed the file."
Aug 3, 2010
Gregg Tepper added a discussion to the group Preferred Partners
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Stopping the auction

I have had success in stopping sheriff auctions in the past. I know of 3 techniques, but I am always looking for more b/c you cannot have too many weapons in your short sale aresenal. The 3 that I know of: 1. An offer, even if it is a low ball, can stop the auction.2. Bankruptcy.3. Faux bankruptcy where you can file and then withdraw before it becomes final (this is an absolute last resort and I do not really recommend it). 4. Begging? - Haven't tried it, but I guess it could work if you found…See More
Aug 3, 2010
Gregg Tepper joined Mike Linkenauger's group
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Preferred Partners

This is a group for ONLY Preferred Partner Members of the Short Sale Specialist Network! Join this group ONLY if you are a preferred partner!See More
Aug 3, 2010
Gregg Tepper replied to SHANNON McGREGOR ~ CSSG, HRC's discussion How long is Chase taking right now? in the group Chase
"I find Chase takes the longest just because it takes them 30 days to assign a negotiator. Did you do anything different to get it assigned quickly?"
Jul 27, 2010
Gregg Tepper joined Mike Linkenauger's group
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Chase

A group to Discuss Chase Short Sales and mortgage short sale programs with Chase Bank and Chase Home Finance.
Jul 27, 2010
Gregg Tepper replied to Pamela Hughes, CDPE, SFR Cert.'s discussion Marketing to Distressed Property Owners
"I have had some success with mailing out to those on the Sheriff's auction list. It should be posted online in your area and you can mail directly to those people whose home are on the way to auction. It basically will cost you printing and…"
Jul 27, 2010
Gregg Tepper updated their profile
Jul 27, 2010

Profile Information

Occupation
Realtor
Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
St. Tammany, Orleans, Jefferson & Tangipahoa parishes, Louisiana. Mandeville, Covington, Abita Springs, Madisonville, Folsom, Bush, Pearl River, Lacombe, Slidell, New Orleans, Metairie, Kenner, Algiers, Gretna, Marrero, Westwego, Harvey, Meraux, Ponchatoula, Hammond, Tickfaw
Website
http://www.GreggTepper.com
Short Sale Designations and/or Special Training
HRC (Home Retention Consultant)
Short Sale Transactions Completed
10-25
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?
I usually refer my commercial business out
About Me/Profile of yourself: - Please add your Brokerage Company name also!
I started in real estate as an investor approximately seven years ago. About five years ago I felt the call to help other people buy and sell homes. That is when I moved my license to Prudential Gardner Realtors. I studied to become a short sale specialist in 2007 when I saw where the market was going. It is a niche that many Realtors do not want fill since it takes perseverance and patience, and very few Realtors really know what to do.
Put in todays date! This is to help stop spammers!
July 23, 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!
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