Toby Boyce's Blog (2)

Listed 10 Days Before Sheriff Sale. Closed!

Everyone once in a while the Short Sale Dietys -- don't get a big head Mike - smile down on us normal folks.



I listed a house only 10 days away from the sheriff's sale and we took it head on. On Friday, we dropped to the "magic" price and had 30 showings and nine offers by Sunday night. Went into contract on Tuesday, signed documents to lender Wednesday, and short-sale approval on Thursday -- contingent upon them being able to contact the Ohio foreclosure attorney to get the sale for… Continue

Added by Toby Boyce on May 9, 2010 at 10:43pm — 7 Comments

Making the Buyer's Agent Pay for a Negotiator?

I was talking with another agent in my office this morning and she was concerned about not getting paid on her short sale. She's hired a negotiator (1%) for the deal and is now "expecting" the buyer's agent to split the deal with her.



My issue is that is total crap. When listing short sales in the Central Ohio MLS you are "required" to include in the agent-to-agent remarks "any reduction in commission will be split 50/50 between the agents" (the percentage is up to the… Continue

Added by Toby Boyce on March 25, 2010 at 3:54pm — 17 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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