short sales: PROGRAM 3648???
- 02/03/10 07:23 AM
Is anybody got any advise for on Program 3648? I am thinking about joining and just curious ?!? I do short sales and seems like a good program.
Thanks! … (2 comments)
short sales: Does anybody know of a "BPO Mill" for short sales??? HELP!
- 01/21/10 11:23 PM
For the last FIVE short sales I had an agent that has done EVERYONE of my BPOs. That made me say hmmmm..... Then ALL five were DENIED. So, when the first one went to sale and I lost it I called the bank. Let me give you an example. I have the house listed at $110,000. First offer $95,000 REJECTED. Second offer $103,000. It would make sense that the BPO would come in around $110,000. I have comps to prove it. The bank would accept roughly 90% at worst.... I called the agent yesterday. He claims that the BPO company is … (5 comments)
short sales: Will Short Sales Deficiency's Be Gone Soon?
- 10/06/08 11:39 PM
Just a short thought this morning in the aftermath of the bailout....... Most of my short sale clients are on Disability or Social Services. The people who should not have owned a house to start with! However, with some certainty, a short sale usually prevents any judgments to the clients. What I am finding is the banks (the ones that are willing to work with me) want it off their books ASAP! Of course, we get that in writing. If the govenment buys the bad debt..... Are the debtors more likely to see a 1099 than before? In my opinion, that … (11 comments)
short sales: As the Foreclosure Turns
- 09/17/08 01:31 AM
I got a call from someone yesterday that I just had to share. This is my life, aka "As the Foreclosures Turn" The man introduces himself. He is the debtors "real estate advisor." I had done a short sale for someone he knew and needed my help. He is a self proclaimed real estate guru. He can spot a good house when he sees one. I allow him to talk. This is his story: First, Let me tell you about the house. It was purchased in 2006 for $20,000. It was a foreclosure. "I have developed a unique purchasing system based on my … (6 comments)
Is anybody got any advise for on Program 3648? I am thinking about joining and just curious ?!? I do short sales and seems like a good program. 
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