"Hi Cinda:
You can do a "HAFA" with an FHA but the HO has to be prequalified. Submit HAFA paperwork with you listing agreement, comps etc directly to BOA. You have to Fax it to Loss Mitigation as BOA does not do FHA on Equator.…"
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"Hi Ben:
I didnot read all the responses you have but I did not see where anyone ask if you had a first and a second. if you have a second with another note holder then its a simple case of profit for the original note holder.In Texas the trustee…"
"Jose,Jose, Jose...
I understand wanting to get paid what you are worth but remember my friend this is a SS, by nature the HO is distressed and not able to pay His closing costs. The negoiator wants the max for thier noteholder and if the Homeowner…"
"John help me out here. Are you saying the third party was hired by the servicer and worked in the role of
negotiator and ended up demanding 1% to compensate them? I think I ran into this situation on a recent SS. I had already sent my package to…"
"Sorry Joseph...I am not an attorney only a Real Estate Agent in Texas and I can assure you we are very highly regulated with the design of always protecting the best interest of the general public/consumner and our clients .Are you licensed in…"
"sorry, Paddy I don't follow your thoughts.First of all a listing agent is the only one that presents the offer to the servicer. I have found the servicer doesn't care who presents the offer as their job is to get the best return they…"
"Agree Angela...after I posted I read some more and saw that she did have an agent and that she was prequalifed,approved and looks like she had done everything except have her lender do the appraisal for the final underwriting approval on her…"
"Sounds like we have several Buyer agents here. Most of you are in california. I am in Texas and when we close its not done at the bank but at the Title company. Bottom line for Jennifer is this. ONE she needs to be represented by an experienced SS…"
"Hi Jennifer:
Welcom to the sticky world of Real Estate and especially SS. I am wondering why you did not use a Buyers Agent to purchase this home so you would have someone representating you unless of course the listing agent is representing you.…"
"Hi Sara:
I have done a lot with Litton in the past.
It was my understanding that all their first leins were purchased by Ocwen and all Litton has are second. From your note though it looks like you are depending upon Litton contacting your second.…"
Litton Loan Servicing
A place to discuss short sales with Litton Loan Servicing and share solutions and strategies used to get short sales approved.
"No sounds like you are in good shape as you have a verbal approval but you want to get it in writing asap. I hope you are working with an experience SS agent that is representing your needs. The seller via the listing agent should have…"
"Sounds like you are the Buyer and not a Realtor. Correct?
I am not sure If you accepted a counter from the Seller ( BOA is not the seller they are the servicers but all SS offers are a contingenty upon the servicers approval) then there…"
Profile Information
- Occupation
- Realtor
- Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
- Collin,Denton, North Dallas,Plano,Frisco, Celina,Prosper,Gunter,Denton Tx,Mckinney,
- Short Sale Designations and/or Special Training
- HRC (Home Retention Consultant)
- 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?
- limited
- About Me/Profile of yourself: - Please add your Brokerage Company name also!
- Early in my professional career I learned to be successful by providing a level of service, quality and commitment that other sales people would not or could not do. One of my passions in life is to be the best, work with best, sell the best in quality, style and customer satisfaction.
Larry Hollingsworth Realtor, REOPro,RES.net, HRC,Short Sale specialist
William Davis Realty -January 2005-Present
98% SS close ratio and finished in the top 6% 2006/07
Consistently won monthly listing contests
Regularly provide Realtor council on the art of Short sale and working with the Servicer
Home Retention Consultant with Titanium Solutions.
Owner - Property Management Services, Frisco, TX January 2004—Dec 2005
Management of REO property/make ready /Property Preservation/rehab & repairs
Hired and managed three crews.
Managed payroll ,forecasting and all aspects of the business
COMMUNITY ACTIVITIES:
Stonebriar Community church, Frisco, TX
Coached summer baseball camp
ManeGait volunteer
Frisco Family services volunteer work
- Put in todays date! This is to help stop spammers!
- February 8, 2011
- 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
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Forum
Bank of America Short Sale Incentive Relocation Assistance
Started by TeamKane Realty in Rants and Raves. Last reply by Robin Mitchell 5 hours ago. 3 Replies 0 Likes
Are FHA loans eligible for HAFA?
Started by Cinda Rose in Rants and Raves. Last reply by Larry Hollingsworth 9 hours ago. 1 Reply 0 Likes
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 12 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 12 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 13 hours ago. 16 Replies 0 Likes
Bank of America changed closing date
Started by Kevin Hayes in General Discussion. Last reply by Dawn Marie Richeal 16 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 17 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 18 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
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
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