I have an attorney contact who is looking for someone higher up in the BOA organization that may be able to help. " It seems BOA first said our client could pay the mortgage payments of the deceased…Continue
I love the fact that you have the integrity to post this on the network. This is a major problem. I closed 43 short sales last year and lost 5 of them. the 5 I lost were all FNMA and all because of…"
"I am hoping this will help. I have had 5 fnma short sales get delined since april because they are continueing to bring in value 10-20% higher then the bpo/appraisal. I am in the process of consulting legal counsel. This appears to…"
"the hin incentive can be used to pay off front page items which would increase the net to the first. The verbiage would say "hin incentive from seller to taxes $xxx". this would then increase the net to the first. It just…"
Indirectly, Yes. they can do this. They generally can NOT contribute it towards list price or net, but can contribute it towards front page line items on the hud...ie taxes, junior lien etc (except for net to…"
Unfortunately, midland may have the higher ground with this and you will have to get the approval from SLS. In my experience if you ask really nice to SLS they will produce the letter. with the first giving up to $2,500,…"
"This would absolutely be horrible. Short lenders have enough problems deciphering one offer. if they have to review all of them...it would kill the system. In a seller agency state (not transaction broker) in Colorado we have…"
"Generally the best thing to do with this is call the national servicing center for hud. You will need authorization from your seller reflecting 'hud' with the fha case number which you can get from the deed of trust. You can…"
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?
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January 24, 2012
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