Lisa Farmer
  • Fort Myers, FL
  • United States
Share on Facebook
Share Twitter

Lisa Farmer's Friends

  • Roland Lorans

Lisa Farmer's Discussions

PARTNERSHIP T/C Short Sale w/a Non-Cooperating Partner

Started this discussion. Last reply by Vanessa Calhoun Feb 14, 2011. 15 Replies

Fellow Agents - Here's a new situation for me and I am interested in your input.  I was contacted by a married couple with a property facing foreclosure, Lis Pendens has been filed.  The property is…Continue

Tags: Partner, Rogue

 

Lisa Farmer's Page

Gifts Received

Gift

Lisa Farmer has not received any gifts yet

Give Lisa Farmer a Gift

Latest Activity

Vanessa Calhoun replied to Lisa Farmer's discussion PARTNERSHIP T/C Short Sale w/a Non-Cooperating Partner
"Keith:  Elizabeth's blog doesn't state whether or not the uncooperative party eventually agreed to the short sale. It does reference "two signings" so, I'm assuming that they finally "got on board". However,…"
Feb 14, 2011
Keith Paulsen replied to Lisa Farmer's discussion PARTNERSHIP T/C Short Sale w/a Non-Cooperating Partner
"Vanessa & Lisa, I should mention that I am in California which may operate a little different than other states. The "quit claim deed" would be free & clear title.  You could do even better in the eyes of the title company by…"
Feb 14, 2011
Lisa Farmer replied to Lisa Farmer's discussion PARTNERSHIP T/C Short Sale w/a Non-Cooperating Partner
"LOL ... more good advice !  The main reason I have pursued thus far, and will continue on a limited level, is that the property will have a "sign exposure" of thousands daily as it fronts a major roadway. …"
Feb 14, 2011
Vanessa Calhoun replied to Lisa Farmer's discussion PARTNERSHIP T/C Short Sale w/a Non-Cooperating Partner
"You stated.... I'm not sure that I would give up on the "Quit Claim Deed".  Yes, the 3rd partner would still be legally liable for the debt, but..... he would be off title and the property could be sold to another party (the…"
Feb 14, 2011
Keith Paulsen replied to Lisa Farmer's discussion PARTNERSHIP T/C Short Sale w/a Non-Cooperating Partner
"I'm not sure that I would give up on the "Quit Claim Deed".  Yes, the 3rd partner would still be legally liable for the debt, but..... he would be off title and the property could be sold to another party (the tenant or others)…"
Feb 14, 2011
Vanessa Calhoun replied to Lisa Farmer's discussion PARTNERSHIP T/C Short Sale w/a Non-Cooperating Partner
"I can respect your willingness to continue and your persevering spirit. My final piece of advice to you would be to make sure that you take care of yourself through this one...meaning, be sure to get in a FEW spa visits because you're going to…"
Feb 14, 2011
Mike Linkenauger replied to Lisa Farmer's discussion PARTNERSHIP T/C Short Sale w/a Non-Cooperating Partner
"I do agree with Vanessa as well after more of the situation is revealed.  One thing that we cover in great detail in the CSSG course involves screening the homeowners.  Our time is valuable.  Move on to the next one that is in a…"
Feb 14, 2011
Lisa Farmer replied to Lisa Farmer's discussion PARTNERSHIP T/C Short Sale w/a Non-Cooperating Partner
"Joseph ... the other 2 partners are a married couple and they are broke.  I am now marginally hopeful the third partner will eventually agree to the Short Sale.  He is the one who was dealing with the tenant unbeknownst to the…"
Feb 14, 2011
Lisa Farmer replied to Lisa Farmer's discussion PARTNERSHIP T/C Short Sale w/a Non-Cooperating Partner
"Vanessa ... your words deserve much notice !   I'm going to spend a bit more time and energy trying to get the third partner on board ..  there appears to be at least a few more months before the foreclosure is filed…"
Feb 14, 2011
Vanessa Calhoun replied to Lisa Farmer's discussion PARTNERSHIP T/C Short Sale w/a Non-Cooperating Partner
"I'm sorry, but it sounds like a complete and utter waste of your time and resources to me. A quit claim deed will mean diddly squat if all three parties are named on the Security Deed w/o a Cancellation. If they're resentful to each other,…"
Feb 11, 2011
Joseph C. Alfe replied to Lisa Farmer's discussion PARTNERSHIP T/C Short Sale w/a Non-Cooperating Partner
"yes. there is zero option but to have him cooperate.  maybe a partner can offer him some cash."
Feb 11, 2011
Lisa Farmer replied to J Jackson's discussion Problem Getting Short Sale Approved through BOA and Wells Fargo
"I'm guessing by "release letter" the Realtor means "waiver of deficiency" meaning the Lender releases the seller from the balance of the note.  The Lender at this pointing is saying the sale can close according to the…"
Feb 10, 2011
Lisa Farmer replied to Lisa Farmer's discussion PARTNERSHIP T/C Short Sale w/a Non-Cooperating Partner
"If the rogue partner does quit claim the deed over to the couple - his name is still on the mortgage ... don't we need his cooperation to negotiate and come to terms with the Lender?  I really appreciate your input."
Feb 10, 2011
Lisa Farmer updated their profile
Feb 9, 2011
Lisa Farmer replied to Lisa Farmer's discussion PARTNERSHIP T/C Short Sale w/a Non-Cooperating Partner
"Thanks guys ... I did think of suggesting a quit-claim, however, it's a little early in the game ... sounds like these people hate each other ... I'm not giving up however !"
Feb 9, 2011
Mike Linkenauger replied to Lisa Farmer's discussion PARTNERSHIP T/C Short Sale w/a Non-Cooperating Partner
"One of the top reasons short sales fall apart is Divorce, which in some ways is a similar situation.  In a divorce, it is likely in my experience at some point in the game one party will become resentful against the other party and will refuse…"
Feb 9, 2011

Profile Information

Occupation
Realtor, Negotiator
Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
Lee County, Florida
Fort Myers, Florida
Cape Coral, Florida
Lehigh Acres, Florida
North Fort Myers, Florida
Short Sale Designations and/or Special Training
CDPE (Certified Distressed Property Expert), Harris University Training (Of Some Kind)
Website
http://www.maximrealtors.com/lisafarmer
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?
Yes. No. None yet.
About Me/Profile of yourself: - Please add your Brokerage Company name also!
As a "CERTIFIED DISTRESSED PROPERTY EXPERT" - CDPE - I am a SHORT SALE SPECIALIST working to help so many in our area hoping to avoid the ultimate pitfall of FORECLOSURE.

Times may be tough for many but with professional skill and guidance as a Realtor, negotiations between SELLERS & LENDERS can result in mutual agreement and resolution.

Looking forward to our next transaction......
Lisa Farmer, MAXIM Realtors, LLC - Fort Myers, Florida
Put in todays date! This is to help stop spammers!
September 18, 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

Lisa Farmer's Blog

#1 REQUESTED TOPIC - INTERESTING

Posted on January 31, 2011 at 12:34pm 1 Comment

     Last week, thanks to my awesome Broker, Steve Daria, I attended a "Get Motivated Seminar," which was widely promoted and sold-out both days.  Top billed speakers were Colin Powell, Rudy Giuliani, Zig Ziglar, & Laura Bush.  Admiring the accomplishments and professional philosophies of each, I signed right up.  Each presentation was, as anticipated, excellent, entertaining, and informational.  More than that, each was inspirational.  These four, along with three other guest…

Continue

SHORT SALE ADVISE - Realtors, Attorneys & Accountants

Posted on January 5, 2011 at 11:00am 1 Comment

So often - too often, clients ask their Realtors for advise beyond the Realtor's experise and licensure.  One reason is time and another is money.  Interesting that these are also the two main fields of negotiation in Real Estate transactions.  Some clients are looking for "one stop shopping" in a Realtor.  This is natural for most everyone in general.  Some are also looking to save the expense of consulting an attorney and/or tax accountant.  In a Short Sale, many variables come in to play…

Continue

BUYERS R BUYING / SHORT SALES R SELLING

Posted on November 11, 2010 at 9:30pm 0 Comments

Last year at this time, being involved with a Short Sale was the last thing I wanted to do. A year later, Short Sales are almost the only type of deal I work with. Major banks and lenders are implementing programs and streamlining procedures resulting in smoother and quicker Closings. In Southwest Florida, particularly Lee County where I am based, we are in one of the hardest hit economies in the United States. New Construction and Real Estate were the financial lifeblood for the first 25…

Continue

"Distressed" Property Deals - The New Normal

Posted on October 6, 2010 at 7:50pm 5 Comments

I recently spent 5 hours in an intensive HAFA Certification Course offered by a national asset company. This was the first "live" class as opposed to an online course offered in the Fort Myers, Florida area. Having received my "Certified Distressed Property Expert" designation a couple of months ago, I am glad to now have this specific training in what is on the very next horizon in the distressed Real Estate market. My brain is now thinking continually in the framework of distressed…

Continue

Comment Wall

You need to be a member of Short Sale Specialist Network to add comments!

Join Short Sale Specialist Network

  • No comments yet!
 
 
 

Short Sale Lead Machine


Short Sale Agents

~ 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

Are FHA loans eligible for HAFA?

Started by Cinda Rose in Rants and Raves. Last reply by Larry Hollingsworth 9 hours ago. 1 Reply

What does Analysis stage mean Bank of America

Started by Craig Schneider in Rants and Raves. Last reply by Craig Schneider 13 hours ago. 9 Replies

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

Bank of America changed closing date

Started by Kevin Hayes in General Discussion. Last reply by Dawn Marie Richeal 16 hours ago. 5 Replies

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

Can the seller pay additional commission?

Started by Jose Hernandez in Question and Answer. Last reply by Satar Naghshineh on Sunday. 63 Replies

© 2012   Created by Mike Linkenauger.

Badges  |  Report an Issue  |  Terms of Service