"I have never heard of this. If this was a cash sale, why does BOA need the water on and power on? Wasn't the property SOLD AS IS? All ss's should be sold that way. I've never eve dealt with the quality control…"
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Nationstar escalation contact?
Started this discussion. Last reply by Mike Linkenauger Mar 28. 3 Replies 0 Likes
Does anyone have a manager email? I am at an impass with a file that is going around in a circle and need to reach out to someone. We've already escalated and still have not seen much of a…Continue
Suntrust
Started this discussion. Last reply by Joelene R Jan 16. 9 Replies 0 Likes
Not loving them at all right now. I need advice. I had full package submission 11/28. STILL hasn't been assigned to a negotiator. I do have a special point of contact who called me last week and…Continue
Freddie Mac/Chase - Guidelines
Started this discussion. Last reply by Tamilyn Simard Jan 9. 7 Replies 0 Likes
I am working on a sale. Buyer is cash, as property won't qualify for financing (other than rehab financing) - anyways, I got a call from Chase that Freddie Mac has a "guideline" that you cannot buy…Continue
Picture takers - BPO's
Started this discussion. Last reply by Smitty Jun 14, 2011. 6 Replies 0 Likes
I'm starting to ask for ID when a BPO goes out to a property. Usually, we email the BPO agent or appraiser ahead of time to confirm appointment, but two weeks ago we had a BPO ordered by Chase. I…Continue
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Smitty replied to Mike Aubele's discussion Short sales on Reverse Mortgages"I have not done a reverse with Generations, but the few that I have done required a FHA appraisal up front paid by the seller and they were very specific on what they would and wouldn't pay. They should pay your full commission, but I…"
Smitty replied to Mike Linkenauger's discussion Our Association requires ALL offers be submitted to lenders"This has lawsuit written all over it. Read up on tortious interference of contracts. I would NEVER submit two offers to a lien holder, because *I* could get sued, my homeowner could get sued...that's just craziness.
I agree with…"
Mike Linkenauger replied to Smitty's discussion Nationstar escalation contact?"Best to email contacts privately instead of posting them in a public forum!"
"Email me privately at Greg@4nmhomes.com"
Deborah Powers replied to Smitty's discussion Nationstar escalation contact?"Good morning ---- Try contacting Justin Oler @ Juston.Oler@nationstarmail.com
He is a manager in the Short Sale Department - he was very helpful and resolved an issue I had with a Nationstar short sale.
Good Luck!
Deb Powers, Managing Broker,…"
Smitty replied to Steven Pawera's discussion 'New' Mandatory Bank of America 3rd Party Authorization in the group Bank of America Short Sales"I agree with Angela. This is another attempt by BOA to WAY overcontrol a situation. Have you seen the reverse mortgage short sale authorization with Bank of America? Basically ANYONE can negotiate a short sale and be…"
Smitty replied to Steven Pawera's discussion 'New' Mandatory Bank of America 3rd Party Authorization in the group Bank of America Short Sales"I agree with Angela. This is another attempt by BOA to WAY overcontrol a situation. Have you seen the reverse mortgage short sale authorization with Bank of America? Basically ANYONE can negotiate a short sale and be…"
Smitty joined Mike Linkenauger's group
Bank of America Short Sales
A place to discuss Bank of America short sale programs and share information and help to get mortgage short sales approved.
Smitty posted a discussionNationstar escalation contact?
Does anyone have a manager email? I am at an impass with a file that is going around in a circle and need to reach out to someone. We've already escalated and still have not seen much of a resolution. Please post back if you can help or know someone at Nationstar.Thanks.See More
Smitty replied to Mike Linkenauger's discussion Are Your Sellers Getting Short Sale Cash Back Incentives?"My sellers knew of the incentive before I did. They had letter in hand from Chase. Short Sale approved $23,000 back to them. "
Smitty replied to Paul Antonelli's discussion How are agents charging for their short sale processing fees"Paul, Real estate agents are exempt and can negotiate short sales in Florida:
http://www.flsenate.gov/Session/Bill/2011/1316/BillText/er/PDF
scroll to page 6 Line 160
"
Smitty replied to Paul Antonelli's discussion How are agents charging for their short sale processing fees"Dawn, I think real estate agents are exempt and can negotiate and charge how they want for short sales in Florida:
494.00115 Exemptions.—
(1) The following are exempt from regulation under this part and parts II and III of this…"
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Essex, Middlesex, Worcester, Suffolk, Rockingham, Hillsborough and lower Strafford
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- 10-25
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- October 21, 2010
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Can the seller pay additional commission?
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