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short sale: Cut your commission or else!!! - 11/16/09 03:52 PM
I have been dealing with Chase as a second lien holder on a short sale. Needless to say, it has been a nightmare. Let me give you a bit of history. This home was listed in May. I received an offer the end of May and it was submitted to both lenders, Bank of America and Chase.
In August we received approval from BOA with a close date of 30 days. They did agree to pay the commission that was arranged on the listing agreement. Chase meanwhile hasn't given any indication that they are anywhere close to approval. We pushed … (1 comments)
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short sale: Short sale motivation - 10/09/09 12:53 PM
I had a meeting the other day with my Congressman's representative regarding the delays we are encountering with short sales. I certainly didn't feel as though I accomplished anything as my Congressman is a Republican and he said anything they might propose would not go anywhere because of that. I am a short sale listing Queen and currently have 16 offers in at the banks in all stages of approval. One as long as 14 months.
The 14 month offer is actually buyer #5 because 1-4 got tired of waiting and moved on to something else. I do not understand the reason why … (6 comments)
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short sale: Washington Mutual short Sale - 05/03/08 09:03 AM
I have a potential short sale listing and the seller has his mortgage with WAMU. He mentioned to me that he talked with the bank and they told him his home had to be listed for 90 days before they would consider him for a short sale. That sounded strange, so I said I would call and talk to the bank.
What a difficult bank to get in touch with. I called the 866 number, got the recorded selection menu, finally selected what was the closest to a short sale, got a customer representative,(not the right one) who transferred me to the … (10 comments)
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Jackie Nary
Fort Myers,
FL
More about me…
Downing Frye Realty
Address: 27180 By Landing Dr #5, Bonita Springs, FL , 34135
Office Phone: (239) 992-8711 x 738``
Cell Phone: (239) 218-0328
Email Me
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