"Henry,
You just brought up an EXCELLENT point. A seller does not have to have a REALTOR to short sale their home. In my opinion from what this board is dictating ... if I owned a Home in this area of Florida and needed to short sale my home, I would…"
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Paul Francis replied to Mike Linkenauger's discussion Our Association requires ALL offers be submitted to lendersPaul Francis replied to Mike Linkenauger's discussion Our Association requires ALL offers be submitted to lenders"Wow.. that's insane. The powers to be for your association obviously have little experience with actually doing short sales.
Right now with all of the bidding wars going on in Las Vegas due to the inventory disappearing, something like this…"
Paul Francis replied to Mike Linkenauger's discussion Are Your Sellers Getting Short Sale Cash Back Incentives?"Hmmm... I think the short sale cash back incentives are based more on what state you are in and who the original loan originator was instead of automatically thinking this is nationwide. (Wachovia is nationwide due to the buy out agreement.)
Florida…"
Paul Francis replied to Mike Linkenauger's discussion More Evidence That The Banks Are RETARDED!"Certainly got my attention when I saw that come across my e-mail....
Of course... I feel "Manipulative" and other terms are far more appropriate....
Perhaps because my Mother is a former executive with a Bank I have more knowledge of the…"
Paul Francis replied to Mike Linkenauger's discussion More Evidence That The Banks Are RETARDED!"My reference was to Congress giving them more money --- and we vote those people in. So... in effect, the voters did essentially give them that money and allow the manipulation to continue.
As they say... "the people" deserve the…"
Paul Francis replied to Mike Linkenauger's discussion More Evidence That The Banks Are RETARDED!"It's not the word itself that is insensitive... it's how the word Could Be used that can be insensitive.
Look it up in the Dictionary...
Mike does use the wrong word here because the banks are smart enough to be getting away with a lot of…"
Paul Francis replied to Mike Linkenauger's discussion More Evidence That The Banks Are RETARDED!"Addressed in my next reply that I typed up while you were typing this one up..."
Paul Francis replied to Mike Linkenauger's discussion More Evidence That The Banks Are RETARDED!"Actually.... the lenders are pretty smart for giving homeowners "Suggested" real estate agents who are going to do whatever the lender wants them to do. It's the homeowners that are not so smart for agreeing to go along with this.
The…"
Paul Francis replied to Mike Linkenauger's discussion More Evidence That The Banks Are RETARDED!"I don't think it's about somebody doing their first sale, it's about a bank assigning short sales to inexperienced short sale real estate agents like that's in the best interest of the homeowner that needs help.
Do you know how…"
Paul Francis replied to SHERI WILSON's discussion EQUATOR in the group Wells Fargo Short Sales"Once you get past the underwriting stage and actually have a negotiator assigned to the file, it's not bad.
As for what Andy mentions about the required files requested that you might not have when it asks for all of them at once -- just…"
Paul Francis replied to SHERI WILSON's discussion EQUATOR in the group Wells Fargo Short Sales"You can request that everything be faxed in...
Other then that... you can't even upload documents or supporting documents the way Wells Fargo has it set up unless they assign the task.
Showing reports, BPO, Supporting documents,…"
Paul Francis replied to SHERI WILSON's discussion EQUATOR in the group Wells Fargo Short Sales"Fun.... the first short sale I put into Equator when Wells Fargo used me as one of the guinea pigs probably took me over two hours to upload and fill everything out. Certainly not as simple as Bank of America is on Equator.
Have all of the…"
Paul Francis commented on Kathryn Lovell's blog post Housing Crisis to End in 2012? Standards-It might just be time to buy!"@ Amos,
It only takes 3 years from a short sale or a foreclosure to qualify for a home loan again. We are starting to see these homeowners who took matters in their own hands long ago, did what they had to do (short sale) and are now buyers…"
Paul Francis commented on Kathryn Lovell's blog post Housing Crisis to End in 2012? Standards-It might just be time to buy!"As far as I'm concerned... the Housing "Crisis" ended when the median price for a home in Las Vegas hit $120,000 considering the median household income in Las Vegas is around $50,000. As for homeowners that still have not done…"
Paul Francis replied to Mike Linkenauger's discussion Best & Worse Lenders To Work With in 2011"Best:
1) Wachovia (By Far)2) GMAC3) CitiMortgage4) Bank of America5) Chase
Worst:
1) Indymac
2) Ocwen3) Aurora4) U.S. Bank Seconds5) Wells Fargo
Most Improved in 2011:
Bank of AmericaGoing Backwards: (Sorry... I know that was not one…"
Profile Information
- Occupation
- Realtor
- Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
- Las Vegas, NV - Summerlin, Green Valley, Rhodes Ranch, Southwest Las Vegas, Northwest Las Vegas.
- 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?
- Yes - No - 1 - $10 Million
- About Me/Profile of yourself: - Please add your Brokerage Company name also!
- REALTOR in Las Vegas practicing since 2001. 100's of deals closed specializing in the Master Planned Communities of Las Vegas. Visit my site for more information.
Paul Francis
Prudential Americana Group, REALTORS
www.LasVegasRealEstateHome.com
8337 W. Sunset Rd, Suite #150
Las Vegas, NV 89113
702.592.3058
- Put in todays date! This is to help stop spammers!
- October 5, 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!
- Paul Francis
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Forum
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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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