MeLisa Minter's Blog (1)

Should we Settle or Short Sale?

Hello Specialists,

I have a new client that has a 1st with Ocwen and 2nd with Wells Fargo. His situation is so convoluted, it would take me hours to explain.



So the long and short of it is, in 2004 his property was valued at $600K per tax. Today, it is valued at $325K. He went through major medical problems and has filed bankruptcy. Now Ocwen has a sale date of 7/5/10. He wants to offer them a settlement amount of $200K. He has already offered Wells $18K on their $44K…

Continue

Added by MeLisa Minter on May 18, 2010 at 10:13am — 5 Comments

Most Popular Blog Posts

Monthly Archives

2010


 _________________________

FOLLOW US!

 

Property Management Pages

San Salito

Bartram Park

Forum

Ocwen Contacts Short Sale Package

Started by Jan Baron in Rants and Raves. Last reply by Anna Wilk Jan 14, 2016. 5 Replies

Shellpoint Mortgage

Started by Celeste ODea in General Discussion. Last reply by Brett Goldsmith Sep 4, 2015. 3 Replies

Extension Fees & Closing

Started by Colleen J Couse in Rants and Raves. Last reply by Brett Goldsmith Sep 3, 2015. 1 Reply

© 2017   Created by Mike Linkenauger.   Powered by

Badges  |  Report an Issue  |  Terms of Service