"Right now Remax is the company that BOA is using to list these properties, at least in Florida, but in the letters that they send the sellers that are approved for these co-op short sales, they do tell them that they can use a realtor…"
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Irene Medina
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- Fort Lauderdale, FL
- United States
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Irene Medina's Groups
Irene Medina's Discussions
Has anyone dealt with DCU as a second on a short sale????
Started this discussion. Last reply by Irene Medina Aug 19, 2011. 2 Replies 0 Likes
I have been negotiating short sales for more than 4 years and this is the first time I have gotten a flat out denial from a 2nd. The lawyer that is helping us with this too has never seen this…Continue
Irene Medina's Page
Latest Activity
Irene Medina replied to Georgia Meisler's discussion Which Lenders are giving incentives for short salesIrene Medina commented on Irene Medina's blog post Fannie Mae Help Desk"Just wanted to write up an update on my Short Sale with Green Tree and the Fannie Mae Help Desk.
It took 6 weeks of going back and forth with repair estimates and then a new roof estimate to finally make them see that this property was not worth the…"
Gail Mitkoff commented on Irene Medina's blog post Fannie Mae Help Desk"Irene,
Does your MLS offer the Short Sale Assistance Desk?"
"I am currently doing a BOA short sale with Fannie Mae as the investor. I was told by BOA the sales price has to be $275,000 even though Fannie only wants to net $242,000. I cannot get ahold of my negotiator at BOA to find our why they want more than…"
Robert Todd Schroth commented on Irene Medina's blog post Fannie Mae Help Desk"Mike good to hear that we have FNMA on here reading stuff, that is great they can see what we say and hear, might help them get their systems better..."
Sharon Kelly-Brown commented on Irene Medina's blog post Fannie Mae Help Desk"Does anyone have a contact with One West Bank Reo Dept. in Cali?"
Linda F Collins commented on Irene Medina's blog post Fannie Mae Help Desk"Irene I wish you much success with this short sale. It's amazing how each transaction is so different and sometime it is hard getting the investor to accept a certain price. Be persistent and I know that you will have a successful…"
Irene Medina commented on Irene Medina's blog post Fannie Mae Help Desk"Hi Linda,
The only reason I went to the help desk is because Fannie Mae is the investor and they want more for the property than what it is worth. the Help Desk is supposed to help us in cases like this. Green Tree as a servicer is great. I have no…"
Linda F Collins commented on Irene Medina's blog post Fannie Mae Help Desk"Hi Irene,
I just completed a short sale with Green Tree. They were the 2nd lien holder on the property. I had no problems. They approved the short sale before the 1st lien holder and then after their approval had expired, I…"
Mike Linkenauger commented on Irene Medina's blog post Fannie Mae Help Desk"Gail Mitkoff works for Fannie Mae Help Desk and is VERY active on this forum. You can contact her through her profile on this website, or I'm sure she'll drop by in the next day or two."
Irene Medina posted a blog postFannie Mae Help Desk
Has anyone had any success with the Fannie Mae Help Desk?I have a short sale that Green Tree is servicing and Fannie Mae is comparing the seller's home, that is falling apart, with a newly remodeled one 2 houses over and is insisting that the house is worth 100k which is what the new one sold for. Even the BPO and the CMA I sent them is in line with the contract price and yet they still want minimum 90k for a property that is really worth 65k. What was interesting is that the negotiator told…See More
Irene Medina replied to Mike Linkenauger's discussion 3rd Party Negotiators or Do it in house?"HECK NO!!!"
Irene Medina replied to Irene Medina's discussion Has anyone dealt with DCU as a second on a short sale????"Thanks Dana, I am going to forward your reply to the attorney that is working DCU for us."
Dana Ehrlich replied to Irene Medina's discussion Has anyone dealt with DCU as a second on a short sale????"I had a deal where a credit union was holding the 2nd. We had to involve their attorney and write an appeal to the Board of Directors. Ultimately they agreed to a prom note for 50pct of the loan balance which the seller agreed to. Once the short…"
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- STATE OF FLORIDA, BROWARD COUNTY AND THE CITIES OF TAMARAC, CORAL SPRINGS, SUNRISE, FORT LAUDERDALE, PLANTATION, DAVIE, OAKLAND PARK, WESTON, PEMBROKE PINES, WILTON MANORS, OAKLAND PARK, HOLLYWOOD, PARKLAND, ALUDERDALE BY THE SEA, LIGHTHOUSE POINT, COCONUT CREEK, POMPANO BEACH, LAUDERHILL, NORTH LAUDERDALE LAKES, CORAL RIDGE, MARGATE,
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Irene Medina's Blog
Fannie Mae Help Desk
Posted on September 25, 2011 at 10:00am 9 Comments 1 Like
Has anyone had any success with the Fannie Mae Help Desk?
I have a short sale that Green Tree is servicing and Fannie Mae is comparing the seller's home, that is falling apart, with a newly remodeled one 2 houses over and is insisting that the house is worth 100k which is what the new one sold for. Even the BPO and the CMA I sent them is in line with the contract price and yet they still want minimum 90k for a property that is really worth 65k. What was interesting is that the…
ContinueComment Wall (2 comments)
- At 3:58pm on June 18, 2010, Mike Linkenauger gave Irene Medina a gift…
- At 10:05am on May 6, 2010,
Andrew Thurber said… - Welcome to the guide!
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