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aurora: Aurora Loan Services: Short Sale Warning - 02/22/08 04:40 PM
I have had a Short Sale offer in process with Aurora Loan Services since December.
Facts:
The house, in Niceville Florida, was listed for $183,000.
Offer was for $175,900.  VA financing with seller total contribution of $3000 including doc stamps on the deed, a customary seller expense in Florida.  Thus, the seller contribution to buyer's closing was only about $1700.
BPO price $185,000. 
Aurora counters $185,000. Buyers stay firm at $175,900.
30 days later- today- Aurora says sale is "approved".
Receive approval letter.  Aurora will pay $363 of the total closing costs, excluding a reduced broker fee.
I call Aurora.  "VA will not ALLOW VA … (38 comments)

aurora: Another "Short" Day - 01/22/08 08:30 AM
My goal today is to get an approval, any approval.  I have 7 short sale sides pending, the oldest was submitted on November 13.  I have two buyers threatening to walk.  One is on a Countrywide- that closing has been extended 30 days and the selling agent said the buyers are going to start looking for another home if they don't close by Friday.  The Countrywide negotiator told me on December 19 that he would have FINAL approval the next week.  Well, guess what?  I called him the next week, and he was on vacation!  Now he has not returned two … (5 comments)

 
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Wendy Rulnick "Its Wendy!" Destin FL Short Sales

Destin, FL

More about me…

Rulnick Realty, Inc.

Address: 12889 Emerald Coast Pkwy West, Ste. 107-A, Destin, FL, 32550

Office Phone: (877) 487-9639 x 204

Email Me

The market. Smart sellers. The Emerald Coast of Florida.


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