"Regarding short sale myths busted, I agree on all accounts with the exception of submitting only one offer at a time to the lender and putting the rest in a back up position.... I think you need to tread lightly there. Especially on a…"
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Latest Activity
Pamela Lester replied to Nancy Li's discussion Short Sale pending case"Most contracts read the seller has to provide you with a clear title. If they cannot (all the liens), you should be entitled to your earnest money back. Look for that clause in your contract. Good luck."
Pamela Lester replied to Nancy Li's discussion Short Sale pending case"Be very careful, it sounds like more liens may pop up. You should be asking your escrow officer for updated preliminary title reports on a daily basis to see what liens have attached. And, don't pay these liens until close of…"
Pamela Lester replied to Wendy Martin's discussion Third party negotiator/NO buyer fees allowed???"Moriah,
I am seeing most short sale underlying lenders here in the Pacific Northwest accepting 88% of apprasied value. That is well under current market value."
Pamela Lester replied to Wendy Martin's discussion Third party negotiator/NO buyer fees allowed???"Ok people, hang on to your hat..... Regarding the GMAC commission reduction from 6% to 5% and the mandatory 1% fee due the 3rd party which GMAC hired............. I called the customer service phone number and asked to be connected to someone who…"
Pamela Lester replied to marc lederman's discussion GMAC acceptance with only 5% commission in the group GMAC Short Sales"I have completed many, many short sales. I just submitted a GMAC short sale package to GMAC. I was shortly thereafter contact by a 3rd-party negotiator from REDC. There is only a 1st Mortgage and it is not a FNMA/Freddie Mac…"
Pamela Lester joined Mike Linkenauger's group
GMAC Short Sales
Group to provide information about GMAC Short Sale programs and discuss mortgage short sales with GMAC
Profile Information
- Occupation
- Real Estate Broker
- Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
- Bend, Redmond, Terrebonne, Tumalo, Culver, Powell Butte
- Short Sale Designations and/or Special Training
- CDPE (Certified Distressed Property Expert), CSP (Certified Short Sale Professional)
- Website
- http://www.pamlester.com
- 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?
- no
- About Me/Profile of yourself: - Please add your Brokerage Company name also!
- Lincesned in Oregon for 18 years. I am now a Principal Broker. I have closed over 2300+ transactions in that time. I have a team of 5 people.
- Put in todays date! This is to help stop spammers!
- June 4, 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
Are FHA loans eligible for HAFA?
Started by Cinda Rose in Rants and Raves. Last reply by Cinda Rose 5 hours ago. 2 Replies 0 Likes
Making sure your Realtor is on top of things
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Bank of America Short Sale Incentive Relocation Assistance
Started by TeamKane Realty in Rants and Raves. Last reply by Robin Mitchell 17 hours ago. 3 Replies 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 yesterday. 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 yesterday. 9 Replies 0 Likes
Bank of America changed closing date
Started by Kevin Hayes in General Discussion. Last reply by Dawn Marie Richeal yesterday. 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 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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