Brittany Loan's Blog (2)

EverHome- Really picked up the pace

I closed a short sale last week - where the servicer was EverHome and the investor was Fannie Mae - that took a very interesting turn.  The offer was submitted in the beginning of Sept right after Labor Day.  By Oct 12th I had a counter offer (contract price was $3,000 below minimum NET proceeds).  Most people would say this was a great turn around time and everyone would be happy.  Here's the catch.  A foreclosure sale date had been scheduled for Nov 1st and the negotiator asked "if it was…

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Added by Brittany Loan on November 11, 2011 at 2:30pm — 1 Comment

ARGH! Two appraisals-two values! Now what?

I have a listing and the loan is owned by Freddie Mac. I successfully sold the exact same floorplan 3 months ago for $275,000. However, on this listing, we were unsuccessful in obtaining an offer until the list price was lowered to $255,000. The servicer came back and said their appraisal came back at $275,000 and countered the buyer. Buyer accepted but when her appraisal was completed it came back at $265,000. So naturally she requested an amendment to the sales price. I have tried providing a… Continue

Added by Brittany Loan on July 7, 2010 at 6:58pm — 5 Comments

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

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