Boy Versus Short Sale

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Real Estate Agent - Realty ONE Group Eclipse
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ARCHIVED BLOG POSTS

2009 

I have been negotiating short sales as 100% of my business (we're a third party negotiator) for four years now.  I have always wanted to know how FHA deals with some of these lenders that screw up FHA short sales. We have built some great relationships over at FHA from numerous (and semi-regular)...
08/15/2009
This is a warning to anyone that has any type of credit account at Bank of America especially if it is revolving.  Many of you know that I was once a vice president at Bank of America before leaving to start Alliance Short Sales, a third party short sale negotiation company.  Bank of America has ...
08/12/2009
Several people wanted to be kept up to date with the happenings from my blog post on August 3rd.  I won't rehash the details but here are the results. We got FHA on the phone to find out what was going on.  Turns out Midland Mortgage was just blowing smoke.  Catching a guy in a technicality that ...
08/10/2009
We don't do very many USAA short sales in our office, but we brought one in yesterday. I was completely blown away by how harsh their guidelines for a short sale are.  USAA is extremely aggressive.  They create an interesting parallel with my seven year old son.  (More on that later) Most banks d...
08/04/2009
It sounds crazy but it is true.  An agent called me Friday afternoon after having gotten off the phone with Midland Mortgage.  Midland stopped her in her tracks before she even got started.  "Sorry," the rep said, "the borrower can not pursue a short sale in this situation.  I wish there was some...
08/03/2009
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Matt Side

Dir. of Broker Development
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This is a blog that journeys through the process of a short sale. We will discuss shortsale negotiations, pricing strategy, BPO, and even how to postpone foreclosure auction dates.