Lynette Morehead
  • San Jose, CA
  • United States
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Lynette Morehead's Discussions

CALHFA short sale denied help

Started this discussion. Last reply by Edwin Baloloy May 15. 4 Replies

Hi All, I have a short sale that CALHFA is dealing with.  B of A was the originator of the loan CALHFA had the second and is doing the servicing since the purchase for both.  We just got a email back…Continue

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Latest Activity

Edwin Baloloy replied to Lynette Morehead's discussion CALHFA short sale denied help
"Wow. I did a search for "Cal HFA" and "CalHFA" and all the threads are about Cal HFA declining the short sale or questioning the homeowner's hardship. I need to set some expectations on an upcoming listing. Like all of you,…"
May 15
Ed Ramos replied to Lynette Morehead's discussion CALHFA short sale denied help
"I am helping a couple with a CALHFA loan and they were denied because of their income being too high. I know this is a strategic short sale, but my clients are know going to speak to an attorney to help them with getting their short sale approved. I…"
Feb 7
Brenda Rogers and Lynette Morehead are now friends
Sep 2, 2010
Lynette Morehead replied to Lynette Morehead's discussion CALHFA short sale denied help
"I am in San Jose, California! Unfortunately it looks like they want to move fast the foreclosure department has already called the seller to ask their plans. They are sending it to the attorneys to set a sale date which once set will be 21 days out,…"
Aug 26, 2010
Mike Linkenauger replied to Lynette Morehead's discussion CALHFA short sale denied help
"Yikes, that stinks! Hopefully they'll let you resubmit it. Not sure what area you are in, but in Florida the foreclosure process takes YEARS many times if pushed off correctly. In MANY cases, I've had lenders reject offers only to accept…"
Aug 26, 2010
Lynette Morehead posted a discussion

CALHFA short sale denied help

Hi All, I have a short sale that CALHFA is dealing with.  B of A was the originator of the loan CALHFA had the second and is doing the servicing since the purchase for both.  We just got a email back from our negotiator that the investor denied the short sale.  No explanation, no counter just denied!  I finally got our negotiator on the phone and she said she was a little surprised too that the package looked good to her.  She then told me that the investors denied the short sale because the…See More
Aug 26, 2010
Lynette Morehead joined SHANNON McGREGOR ~ CSSG, HRC's group
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Titanium Solutions

Calling all HRC's~ come meet others who work with Titanium and discuss ideas and success stories your experiences and how we might all become better at converting those defaults into short sales (when allowed of course)!!
Apr 26, 2010
Lynette Morehead joined Mike Linkenauger's group
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HAFA Short Sale Program

This is a group to discuss the HAFA (Home Affordable Foreclosure Alternatives) Program, which is to streamline the short sale process.
Apr 26, 2010
Lynette Morehead joined Michael Bellopede's group
Apr 26, 2010
Lynette Morehead joined Mike Linkenauger's group
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Getting The Deals CLOSED!

This group will be for us to post closing congratulations to members of the Short Sale Specialist Network as they close on some of the referrals we send them! We want people who are considering joining to know that WE REFER OUT LISTINGS ALL DAY!See More
Apr 26, 2010
Lynette Morehead is now friends with Janet Fuller CDPE, HRC, ABR, Antonette Solano CSSG, SFR and Nathan Boynton
Apr 7, 2010
Lynette Morehead joined Ethan Gregory's group
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Negotiation Station

Having closed over 100 short sale transactions I am happy to lend advice and tips on how to get your short sale approved. Is your Seller scared and not sure what to say, is the bank unresponsive or do you have a difficult task? Feel free to ask!See More
Feb 25, 2010
Lynette Morehead and MARK DENNY are now friends
Jan 21, 2010
Lynette Morehead joined MARK DENNY's group
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Keller Williams Realty

Keller Williams Agents sharing their short sale successes and their bank failures.
Jan 21, 2010
Lynette Morehead joined Michael Bellopede's group
Jan 20, 2010
Lynette Morehead joined Joseph C. Alfe's group
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Short Sale Q and A

Got short sale questions? I have been successfully closing short sales since 2005 and I have dealt with just about every lender, every scenario. If you have a question, post it here and I will do my best to help.See More
Jan 20, 2010

Profile Information

Occupation
Realtor
Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
95125,95124,95123,95118,95112,95113,95111,95110,95070,95014,95030,95032,95126,95128,95129,95035,95036,95032,95008,95070,95136,95135,95138,95139,95117,
Short Sale Transactions Completed
10-25

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