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Has anybody dealt with 3rd Federal Bank or Shelter Financial
Started May 31, 2011 0 Replies 0 Likes
I have two deals coming up in which both have very small, non-HAMP lenders holding seconds: One is with Shelter Financial (the Shelter Insurance people). I have spoke to their "Real Estate Manager"…Continue
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Mike Weller commented on SHANNON McGREGOR ~ CSSG, HRC's group WACHOVIA Short Sales"I understand. If it is something serious that affects the value like a foundational issue, I would imagine they would consider that if you bring it to their attention with documentation. If you have the inspection report that would…"
Mike Weller commented on SHANNON McGREGOR ~ CSSG, HRC's group WACHOVIA Short Sales"Hi Sara,
Wachovia is good about allowing for repairs if they are necessary for the buyers loan. If something came up in the inspection I don't know that Wachovia will pay for it, but if the same major issue were to come to light…"
Mike Weller replied to Azmi Alkurd's discussion BoA Short Sale Dual Agency"You have two ways you can go: Let your buyers agent sell the property, then fight BofA on the commission because the buyer had separate representation. If you had other offers that were lower, you could show those to BofA to prove that…"
Mike Weller posted a discussionHas anybody dealt with 3rd Federal Bank or Shelter Financial
I have two deals coming up in which both have very small, non-HAMP lenders holding seconds: One is with Shelter Financial (the Shelter Insurance people). I have spoke to their "Real Estate Manager" who manages their small portoflio of loans. They have a very conservative portfolio and says that this is the first time they've ever been approached about a short sale in the 11 years he has been there. The other transaction has a 2nd with Third Federal Bank, who is a small bank (14 branches) in…See More
Mike Weller replied to Azmi Alkurd's discussion BoA Short Sale Dual Agency"It is true that the lienholder is NOT the seller. However, they can dictate the terms of the sale that they are willing to approve, including how they pay out commissions. I have seen many cases where unethical agents double-end short…"
Mike Weller replied to Craig Lawler's discussion Targeting Pre-NOD Homeowners in the group Short Sale Lead Generation"Hi Jennifer,
I would also love to see what your postcards look like. Could you email to me at SSSN@WellerREaltyGroup.com
Thank you so much!"
Mike Weller commented on SHANNON McGREGOR ~ CSSG, HRC's group WACHOVIA Short Sales"Kendra,
I have done Wachovia deals with Ted Blaisdell and Marc Souza.....they are both good and both work similarly. They are better by email then phone. They have so much going on that they will sometimes de-prioriteze, but they…"
Mike Weller commented on SHANNON McGREGOR ~ CSSG, HRC's group WACHOVIA Short Sales"I have a referral for anybody in the Reno, NV area that is familiar with the Wachovia Fast Track program. Please contact me if you are in the Reno area."
Mike Weller joined SHANNON McGREGOR ~ CSSG, HRC's group
WACHOVIA Short Sales
This is a group to discuss Wachovia Short Sales and information on the Wachovia Fast Track Short Sale Program
Profile Information
- Occupation
- Realtor
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- Los Angeles County: Los Angeles, South Bay, Beach Cities, Redondo Beach, Hermosa Beach, Manhattan Beach, El Segundo, Torrance, Del Aire, Hawthorne, Lawndale, El Camino Village, Gardena, Carson, Lomita, Harbor City, San Pedro, Palos Verdes, Rolling Hills, Long Beach.
Orange County: Anaheim, Brea, Fullerton, Orange, Placentia, Yorba Linda.
- Short Sale Designations and/or Special Training
- SFR (Short Sales and Foreclosures Resource), CDPE (Certified Distressed Property Expert)
- Short Sale Transactions Completed
- 10-25
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- No
- About Me/Profile of yourself: - Please add your Brokerage Company name also!
- Mike Weller
MBA, SFR, CHS, RESCUE, ABR, e-PRO
Keller Williams Realty
NAR Certified Short Sale & Foreclosure Specialist (SFR)
CAR Certified Government HAFA Program Specialist (CHS)
Certified Foreclosure Prevention Specialist (RESCUE)
714-989-6176
www.SoCalShortSaleSolution.com
CA License #: 01846714 | NV License #: S.0070209
- Put in todays date! This is to help stop spammers!
- January 25, 2011
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Forum
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Bank of America changed closing date
Started by Kevin Hayes in General Discussion. Last reply by Dawn Marie Richeal yesterday. 5 Replies 0 Likes
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Started by Olesya Drozdova in Question and Answer. Last reply by Jack Dudenhoeffer yesterday. 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 yesterday. 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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