"Hello Rick.... I find agents offer "rebates" often which is soooo wrong, but most of them slowly realize how "hard they are working for free" . But to answer your question... I imagine that it is a violation some where as the…"
"hello, new to the group, I am in receipt of someone requesting a BOA FHA approval. Wish I had one, have been waiting for one since January, ANY ideas. I do have a contact person with BOA who have been getting a great deal of inquiries to the short…"
Got short sale questions? I have been successfully closing short sales since 2005 and I have dealt with just about every lender, every scenario. If you have a question, post it here and I will do my best to help.See More
About Me/Profile of yourself: - Please add your Brokerage Company name also!
Teresa Lains is the managing Broker for ATL Real Estate Group in Conyers Ga.
Areas of Expertise
BPOs, Short Sale Specialist, LOSS Mitigation
Expediting BPOs for Default Service Companies, securing and cleaning out vacant properties with a quick turn around for marketing and sale, leveraging industry relationships with, colleagues, investors, and Home Buyers.
• REO Short Sale, Loss Mitigation, Loan work out specialist with existing non-performing mortgages.
•Complete and Upload (online) requested BPO to recommend market value within a 48 HR turn around
•Secure, inspect and winterize property
•Evaluate property condition
•Provide detailed market analysis with photos.
•Obtain bids for property clean-out, repair and maintenance
•Evaluate environmental and compliance issues
•Partnering with banks and other financiers for potential Buyers and providing monthly status and invoicing, negotiating "cash for keys", and maintaining occupancy status reports.
•Provide monthly status reports on all properties
•Provide monthly and year-end summary reports on sold properties
•Monthly expenditure reporting
LOSS MITIGATION PROFILE
•REO Short Sale, Loan work out specialist with existing non-performing mortgages, negotiation on behalf of mortgagor and mortgagee to expedite sale of non-performing mortgage.
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