Boy Versus Short Sale

Real Estate Agent - Realty ONE Group Eclipse
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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)...
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 ...
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 ...
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...
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...

Matt Side

Dir. of Broker Development
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