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WTF is wrong with Wells Fargo these days?
Started this discussion. Last reply by Edwin Baloloy May 15. 5 Replies 0 Likes
So, Wells used to be the easiest for us to close, no worries, no hassles. Now, negotiators are MIA, escalation is common and I just got word their NEW standard on approval letters is "NO waiver of…Continue
Short Sale Agent Portal still down?
Started this discussion. Last reply by Mike Linkenauger Jan 10. 4 Replies 0 Likes
Hi Mike and the gang, I still can't get access to the agent portal to give updates....is it still being worked on? Thanks!Continue
BofA does it again...sold at auction, no notice
Started this discussion. Last reply by Wendy Martin Nov 10, 2011. 3 Replies 0 Likes
So here we are after replying to a counter offer from BofA on an active short sale, and awaiting approval. Today I get an email from the negotiator saying the home was sold at auction yesterday. No…Continue
Two losers that deserve each other.....
Started this discussion. Last reply by Vanessa Calhoun Oct 25, 2011. 2 Replies 0 Likes
Ocwen to Buy Saxon for $59.3 MillionMorgan Stanley has announced the sale of…Continue
Gifts Received (4)
Wendy Martin's Page
Latest Activity
Wendy Martin commented on Michael Richert, CDPE's blog post Green Tree Lending is the devil!"Oy. They are fast becoming the worst. After 2 months my negotiator calls me and says she's sorry but she's never been trained to do a short sale and neither has anyone else on her team. Her supervisor will not call me…"
Wendy Martin replied to Sandy Valenzuela's discussion Will Chase allow a short sale if seller is current on mortgage?"No problems on this end I have closed several when sellers are current. Chase WILL ask for a contribution, but my sellers have always lowballed (asked for 5k, gave $500) with no worries."
Wendy Martin replied to Varnie Jules's discussion Does anyone have any short sale experience with Ocwen Bank?"I don't list Ocwen short sales because they don't CLOSE short sales and they don't answer their phones except in India. I think they pretend to do short sales but in general they foreclose on just about everything."
Wendy Martin replied to Sue Wells's discussion BAYVIEW LOAN SERVICING"Hi Sue, I must have gotten lucky because with Bayview I had my short sale listed and closed in 3 weeks. Now, it WAS a cash buyer.....but I had no problems. I wish you luck!"
"In your opinion, what triggered the seller contribution requirement? Too many assets? DTI < 31%? Current on mortgage? Rental property?
The majority of my deals are HAFA short sales with no contribution. The last time a seller of mine…"
Ben Benita replied to Wendy Martin's discussion WTF is wrong with Wells Fargo these days?"We are working thruogh a WF issue now, they ASKED the Seller to bring $7000 cash to closing, we countered by saying the Seller can only bring $2000 (duh, this IS a negotiation).
WF CLOSED THE FILE on Equator (at least they TRIED TO but the…"
"To clarify my post: I've always preferred the NON-Equator short sales with Wells. I was recently able to complete a non-Equator deal back in April. I hope they're still allowing off-Equator short sales because it seems more efficient. I…"
Wendy Martin replied to Wendy Martin's discussion WTF is wrong with Wells Fargo these days?"Hi Edwin, Yes of course I am using Equator...I have closed over 60 Wells short sales. I'm in Oregon. Funny, the investor previously approved 2 short sale offers on this same home with full settlement language (sale…"
"Are you doing the SS on Equator? I know they were still getting their act together on that. The difference between the secured email negotiations vs. Equator negotiations were like night and day.
What State are you in? Some servicers are…"
Wendy Martin posted a discussionWTF is wrong with Wells Fargo these days?
So, Wells used to be the easiest for us to close, no worries, no hassles. Now, negotiators are MIA, escalation is common and I just got word their NEW standard on approval letters is "NO waiver of deficiency". Anybody else losing their mind with Wells out there?See More
Beverley Hourlier replied to Wendy Martin's discussion Has ANYONE closed an OCWEN short sale lately?"It is protocol. I will include a note outlining the circumstances, such as 'we the agents are already contributing $1000 each for your payoff, we will not lower our commission'. etc. Believe it or not they appreciate it…"
Catherine Marusich replied to Wendy Martin's discussion Has ANYONE closed an OCWEN short sale lately?"You mean, they think they'll receive the difference? How would B of A help? What does the new web tool do? Thanks for your reply!"
Catherine Marusich replied to Wendy Martin's discussion Has ANYONE closed an OCWEN short sale lately?"Why would they say that they won't allow 6% when they're not even the bank that's paying for it? Do you think they do this often, or do you think that the negotiator is just quoting normal protocol, not taking these different…"
Beverley Hourlier replied to Wendy Martin's discussion Has ANYONE closed an OCWEN short sale lately?"I never give in. I tell them you will not get any more money because the first will take it, so it makes no sense for you to even ask. Also, you are not a party to my listing agreement which states my commission, you have no legal…"
Profile Information
- Occupation
- Real Estate Broker
- Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
- Oregon: Portland, Beaverton, Hillsboro, Tualatin, West Linn, Lake Oswego, Tigard, Milwaukie, Oregon City, Happy Valley, Gladstone, Gresham
Washington: Vancouver
Counties:
Oregon: Multnomah, Clackamas, Washington counties
Washington: Clark County
- Short Sale Designations and/or Special Training
- CSSG (Certified Short Sale Guide), SFR (Short Sales and Foreclosures Resource), CSSS (Certified Short Sale Specialist), Equator Certified
- Website
- http://nwrealtypartners.com
- Short Sale Transactions Completed
- 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?
- N/A
- About Me/Profile of yourself: - Please add your Brokerage Company name also!
- Windermere Cronin & Caplan Realty Group
Real Estate Broker- 8 years experience
Certified Short Sale Specialist
Certified Foreclosure Alternatives Consultant
Certified Short Sale Guide
Certified Relocation Specialist
member: American Association of REO Specialists
Licensed in Oregon & Washington
My team and I take great pride in helping people who are out of options and frustrated with trying to deal with their lenders. We negotiate all of our short sales, and currently have a 100% success rate.
- Put in todays date! This is to help stop spammers!
- September 15, 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 (5 comments)
- At 1:07pm on September 08, 2010, Mike Linkenauger gave Wendy Martin a gift…
- At 2:39pm on August 03, 2010, Mike Linkenauger gave Wendy Martin a gift…
- At 11:35am on July 21, 2010,
Penny Howard said… - Hi Wendy - I will contact my friend and see if her friend from Oregon still needs a Realtor. She had enquired about this before we had this referral site so I directed her to the CDPE Realtor search engine. Do you have a preferred method for making contact if she still needs help?
Thanks - Penny
- At 11:00am on July 19, 2010, Mike Linkenauger gave Wendy Martin a gift…
- At 10:26am on June 17, 2010, Julie Vrigian CSSG, CSSP gave Wendy Martin a gift…
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Forum
Are FHA loans eligible for HAFA?
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Making sure your Realtor is on top of things
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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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