"ORICS guideline are below, also has the MI contact:
http://www.oldrepublicics.com/lenderresources/Documents/Loss%20Mitigation%20Guide%201.11.pdf
we closed a short sale with ORICS as 2nd investor a couple of months ago, BOFA paid $16k, and seller…"
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Latest Activity
Southland Real Estate replied to Julie Tinkey's discussion BofA 2nd (with ORC MI) won't give a deficiancy waiver in the group Bank of America Short SalesSouthland Real Estate joined Mike Linkenauger's group
Short Sale Referrals
This is a group for agent to agent short sale referrals and to post short sale listing referrals for agents across the country.
Southland Real Estate 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.
Southland Real Estate might attend Mike Linkenauger's event
Short Sale Specialist Network 2010 Cruise at Tampa, FL Port
October 4, 2010 at 12pm to October 9, 2010 at 8am
Still time to sign up! You don't want to miss this event! It will pay for itself in the business you get from us!!!Cabins are still available under Five Hundred Dollars!! CLICK HERE for a cruise flyer! We are excited to announce the 2010 Short Sale Specialist Network Cruise! A five day Western Caribbean Cruise on the…See More
Southland Real Estate replied to Kevin Vitali's discussion Banks Standing Firm at a Higher than FMV Price"I agree with Mike's comment, stop foreclosure, wait for new valuation.
At a minimum try a new negotiator, close and reopen.
With a couple of deals, I have been able to challenge their valuation. I just kept pushing 'YOUR VALUE IS…"
Southland Real Estate commented on Michael Hall's blog post Wells Fargo Short Sale--- Closed!"It is not all bad, just some bad.
Last week I got a WF approval at 345k, 6% comm...
Same file was approved 2 1/2 months ago at 310k and 5% comm.
It seemed like they kept handing it off."
Southland Real Estate commented on Michael Hall's blog post Wells Fargo Short Sale--- Closed!"Surprisingly BofA has been getting better for us after Equator, HAFA is slowing them down a little bit.
We will try and give Wells another try. Did u guys have to escalate the file at WF or...?
I am having challenges with WF giving me a value to…"
Southland Real Estate commented on Michael Hall's blog post Wells Fargo Short Sale--- Closed!"Very nicely done
Wells Fargo has been very flaky for us:
Changing values
Losing documents (after acknowledgment)
Moving negotiators
1st and 2nd with different negotiators
Very disappointed with their performance to date.
For now, they are generally…"
Southland Real Estate joined Mike Linkenauger's group
Wells Fargo Short Sales
Group to discuss short sales with Wells Fargo and Wells Fargo Financial and share solutions to getting mortgage short sales approved.
Profile Information
- Occupation
- Realtor, Real Estate Broker, Mortgage Broker, Negotiator
- Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
- Riverside County, CA
Orange County, CA
San Diego County, CA
Los Angeles County, CA
San Bernardino County, CA
Corona
Norco
Mira Loma
Lake Elsinore
Irvine
Yorba Linda
Riverside
Moreno Valley
Murrieta
Temecula
- Short Sale Designations and/or Special Training
- CSSG (Certified Short Sale Guide), SFR (Short Sales and Foreclosures Resource), CSP (Certified Short Sale Professional), LMC (Loss Mitigation Consultant), CSSS (Certified Short Sale Specialist), Equator Certified
- 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, have closed 5 commercial transactions at about $25M
- About Me/Profile of yourself: - Please add your Brokerage Company name also!
- Southland Real Estate
located in Inland Empire California
specialize in short sales and REO.
- Put in todays date! This is to help stop spammers!
- May 28, 2010
- 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
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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
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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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