"Yes. Whenever you get an AHMSI transaction, be prepared for them to take 1% (up to $5,000) as a fee. This can come from any source-we usually negotiate up front for the buyer to pay it since we know we will ALWAYS see this fee with AHMSI."
Short Sale Specialist Network
Realtor Short Sales Training and Resources
Wendy Lockhart's Groups
Wendy Lockhart's Page
Latest Activity
Ellen Muzzio replied to Wendy Lockhart's discussion AHMSI charging negotiating fees to the buyer? in the group AHMSI
Wendy Lockhart added a discussion to the group AHMSI
AHMSI charging negotiating fees to the buyer?
Hi! I just had a counter offer from AHMSI saying they require the buyer to pay a 1% administration fee and their commission is just 3% total since the deal is double sided.Anyone run in to this with them? Is it worth it to push back? Thanks!See More
Wendy Lockhart joined Cheri Smith's groupAHMSI
Guide for Short sale transactions with American Home Mortgage Servicing Inc (AHMSI) and short sale programs
"Wendy - I submitted a short sale package to WF a couple of weeks ago, and followed up with a phone call - sale was postponed, appraisal was ordered and completed this past Tuesday. The number I called was 866-903-1053 and I talked to a real person…"
Wendy Lockhart replied to Wendy Lockhart's discussion Trouble getting Short Sale Opened in the group Wells Fargo Short Sales"LOL! I needed some comic relief anyway....I thought we had done the hard part. GEEZ! Good luck with yours as well."
Andy Morris replied to Wendy Lockhart's discussion Trouble getting Short Sale Opened in the group Wells Fargo Short Sales"Get a plane ticket and show up at corporate HQ and kick some ***. Sorry Wendy... i know I am not adding anything here but the bizare behavior from investors and servicers is tiring."
Wendy Lockhart added a discussion to the group Wells Fargo Short Sales
Trouble getting Short Sale Opened
Hi! Wondering if anyone has had this issue or has advice: We had a short sale started with Wells F and the BPO was completed. A sale date was posted and we requested to get that removed. They obliged, but were late doing so and the property was Foreclosed. The attorneys for Wells were able to reverse the sale for the purpose of pursuing the short sale... great news! Since then, we have submitted the short sale package 4 times over a 30 day period and they have yet to open up the short…See More
Wendy Lockhart replied to Mike Linkenauger's discussion PartnerFirst Short Sale Program"I am a member of partner first and have not received any leads. Just lots of invites for webinars. I was referred to that network by a well known agent saying it was something I should get involved with early, but so far I have just paid the monthly…"
Wendy Lockhart is now friends with Andrew Thurber, Charles H. Lewis III and Phyllis JC Anderson, GRI
Ellen Muzzio replied to Wendy Lockhart's discussion Forgiveness in the group SunTrust"When you say "forgive" are you talking about 1099C mortgage debt foregiveness or waiving deficiency-since they're two different things."
Wendy Lockhart added a discussion to the group SunTrust
Forgiveness
What does the Suntrust approval letter look like for a 1st mortgage? Do they ever forgive (outside of HAFA)? See More
Wendy Lockhart joined Mike Linkenauger's groupSunTrust
Group for discussing short sales with Suntrust and strategies for getting mortgage short sales approved in a timely manor
Wendy Lockhart replied to Peter Rundel's discussion Deficiency Judgement Release and Chase-HAFA in the group Chase"We have worked 2 HAFA shorts sales with Chase. They are up and running with it and It's a relatively easy process. They guarantee forgiveness and provided $3000 in relocation expenses. The qualifications are:
Housing costs are at least 31% of…"
Profile Information
- Occupation
- Realtor
- Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
- St Petersburg
Clearwater
St Pete Beach
Madiera Beach
Treasure Island
Seminole
Tierra Verde
Redington Beach
Redington Shores
Indian Rocks Beach
Indian Shores
Belleair Beach
Clearwater Beach
Largo
Pinellas Park
Pinellas County
Gulfport
South Pasedena
- Short Sale Designations and/or Special Training
- CDPE (Certified Distressed Property Expert), Equator Certified
- Website
- http://StPetersburgShortSale.com
- 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
- About Me/Profile of yourself: - Please add your Brokerage Company name also!
- Wendy & David Lockhart
Realtors®
Keller Williams Realty
263 Corey Ave
St Pete Beach, FL 33706
www.LockhartTeam.com
www.StPetersburgShortSale.com
Wendy@LockhartTeam.com
Office: 727-456-4767
Mission: To help people achieve their dreams by helping them successfully manage the purchase or sale of their home or investment property.
David & Wendy Lockhart are currently the top Real Estate Team at Keller Williams Realty Gulf Coast in Pinellas County Florida.
David and Wendy Lockhart lead a team of 5 agents and 3 support team members.
Our Professional Experience
Top selling team in our market center of over 300 agents
Ranked #7 (out of 5500+ agents) in Residential sales in Pinellas County for 2009.
Sold over $20m in real estate in 2009
Currently give Free Short Sale seminars to help homeowners. We teach these seminars along with a HUD approved counselor (St Pete Neighborhood Housing Services) and local real estate attorney. This seminar is put on regularly for homeowners who are looking for options to avoid foreclosure.
We carry approximately 100 listings, of which 40% are short sales.
We will sell approximately 150 homes this year, 50% are expected to be short sales.
We have a full team in place to support marketing, submitting paperwork to the lender and closing.
We have a full-time Short Sale Negotiator who is a Certified Distressed Property Expert on staff to manage negotiation and processing of all short sales.
We have a specialized website with Short Sale Information – www.StPetersburgShortSale.com.
Implementing a Luxury Short Sale Website shortly.
Teach classes on real estate for our market center.
Memberships
Pinellas Realtor Organization
National Association of Realtors
Florida Association of Realtors
Luxury Home Marketing Institute
- Put in todays date! This is to help stop spammers!
- May 14, 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
Comment Wall (2 comments)
- At 1:28pm on June 11, 2010, Mike Linkenauger gave Wendy Lockhart a gift…
- At 9:27am on May 14, 2010,
Andrew Thurber said… - Welcome Wendy! Looking forward to hearing from you on the guide.
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Forum
Are FHA loans eligible for HAFA?
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
Started by Stephen Dotlich in Rants and Raves. Last reply by Sheila Vardakis 8 hours ago. 17 Replies 0 Likes
Bank of America Short Sale Incentive Relocation Assistance
Started by TeamKane Realty in Rants and Raves. Last reply by Robin Mitchell 17 hours ago. 3 Replies 0 Likes
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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