"I have a 2nd with B of A and I've been waiting for a response since March 19th. unbelievable!!! I've talked to supervisors, managers, escalation departments, I've emailed the VP, negotiators, account managers, etc. and still…"
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Chase Short Sale form
Started this discussion. Last reply by Kab Okoh Apr 14, 2011. 3 Replies 0 Likes
I just called in to Chase to get a Short Sale started. The person I talked to mentioned that they just started to request that the seller fill out a Short Sale Information Packet form and once they…Continue
Nasspro - National Association of Short Sale Professionals
Started this discussion. Last reply by Linda Joyner-Jones Oct 18, 2010. 35 Replies 0 Likes
Has anybody here signed up with the company named Nasspro. I got a call from one of the reps telling me how great they are blah blah blah. Just curious if anybody has done business with them. I…Continue
Tags: Sale, Professionals, Short, Association, National
I recently hired a Short Sale negotiating company and...
Started this discussion. Last reply by Ned Feb 26, 2011. 21 Replies 0 Likes
I recently hired a Short Sale negotiating company and just found out last week that they have not touched the file in the last 2 weeks. I just received a call last Friday from my client saying that…Continue
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Latest Activity
Phil Sotelo commented on Mike Linkenauger's group Bank of America Short Sales"I've been waiting on an approval for more than 30 days on a 2nd lien that was already approved by a previous buyer. I just called customer care because the negotiator doesn't respond to my emails and her voice mail is full. Customer said…"
Phil Sotelo commented on Mike Linkenauger's group Wells Fargo Short Sales"Have the seller call the credit card company to negotiate that lien. He could negotiate it down to about $800 sometimes even less."
Phil Sotelo commented on Mike Linkenauger's group Bank of America Short Sales"Here's an escalation guideline from B of A http://realestateagent.bankofamerica.com/content/documents/EscalationsGuidelinesV2.pdf"
Phil Sotelo commented on Mike Linkenauger's group Bank of America Short Sales"John, the website is bankofamerica.com/realestateagent"
Phil Sotelo commented on Mike Linkenauger's group Bank of America Short Sales"Thanks, I'm actually in a B of A short sale conference as we speak and they did mention to call customer care to escalate. Thanks Bryan."
Phil Sotelo commented on Mike Linkenauger's group Bank of America Short Sales"I have a deal with B of A as the 2nd lien. GMAC had offered B of A $3,000 as a payoff, B of A countered back with $3,700. GMAC agreed, the next day B of A started their new process with Addendums, Authorization, Listing Addendum, etc. and guess…"
Phil Sotelo commented on Joseph C. Alfe's group Short Sale Q and A"I had the same thing happen to a client. The bank told her that the only way to make it work is if she hired an attorney. That would have costed her thousands of dollars that she didn't have, so she just stayed in the house until it foreclosed.…"
Phil Sotelo commented on Mike Linkenauger's group Wells Fargo Short Sales"Golden 1 has the twitter."
Phil Sotelo commented on Mike Linkenauger's group Wells Fargo Short Sales"I actually just got off the phone with upper management, I went through their twitter site to get somebody to respond to me and give me a managers number. She basically said that the seller has to write a letter of why he can't pay the full…"
Phil Sotelo commented on Mike Linkenauger's group Bank of America Short Sales"Yeah, it is a good idea that they preserve the property but at least they can call the listing agent and let him/her know...hey we're changing the locks the key code is this or you can request a copy at this number, etc."
Phil Sotelo commented on Mike Linkenauger's group Bank of America Short Sales"I'm a bit ticked off right now at B of A. I've had a several listing where they go out and change the locks on me without even consulting me. Can't they see the sign outside saying the house is for sale??? I've had to go out to…"
Profile Information
- Occupation
- Realtor
- Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
- California
Counties: San Diego
Cities: Airport, Point Loma and Ocean Beach(City of San Diego)
El Cajon, Lakeside, and Alpine
Ramona, Warner Springs, Borrego Springs, and Julian
Encinitas, Cardiff by the Sea, and Leucadia
Carlsbad
Rancho Penasquitos and Carmel Mountain (City of San Diego)
Del Mar and Carmel Valley (City of San Diego)
Chula Vista (South of Downtown San Diego)
Clairemont, Kearny Mesa, and Linda Vista (City of San Diego)
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Pacific Beach, Mission Beach, and Mission Bay (City of San Diego)
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Escondido
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Mission Hills, North Park, Normal Heights, Kensington, and San Diego State (City of San Diego)
Hillcrest
San Ysidro and Otay Mesa (City of San Diego), and Imperial Beach.
La Jolla, Torrey Pines, UCSD, and University City (City of San Diego)
La Mesa
Loma Portal, Old Town (City of San Diego)
Mira Mesa, Sorrento Valley, Sorrento Mesa, and Miramar (City of San Diego)
Mission Valley (City of San Diego)
National City
Oceanside
Scripps Ranch (City of San Diego) and Poway
Rancho Bernardo (City of San Diego)
Solana Beach and Rancho Santa Fe
San Marcos and Vista
Serra Mesa and Tierra Santa
- Short Sale Designations and/or Special Training
- Equator Certified
- Website
- http://www.realtorphil.com
- Short Sale Transactions Completed
- 25-50
- 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?
- Some experience...getting trained in the commercial field.
- About Me/Profile of yourself: - Please add your Brokerage Company name also!
- Phil Sotelo
Sellstate Realty
REO/Short Sale Specialist
Residential Investments
Cell: 619-794-9140
Fax: 888-468-6554
Email: phil@realtorphil.com
www.ExecMLS.com
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- March 8, 2012
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- At 10:14am on May 6, 2010,
Andrew Thurber said… - Welcome to the guide!
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