bank guidelines: Things Need To Change In The Short Sale Business
- 09/03/10 05:10 AM
We are actually asking for the viewers to bring some ideas to the table today. We would like the viewers of Short Sale Power Hour to give us some indication as to what scares you most in the short sale business. Also, what would you like to see changed right now to help the short sale process? Fred would like to see the government put into motion standardized deficiency laws across all 50 states. Somewhere, you could find a way to handle the deficiency language so that agents know what they are doing for their clients. Kevin would like to see … (0 comments)
bank guidelines: Ignore Bank Guidelines About Short Sale Commissions
- 07/09/10 08:17 AM
First and foremost, comment on today's video at shortsalepowerhour.com and you will have the opportunity to be entered into a drawing for free flip flops from the boys at Group 46:10 We are going to talk about a commission dispute that we had on a file that was being handled by Bank of America. The investor on the file was HSBC. The file was rejected despite the offer being the same as the BPO. We came to find out that they sold the loan to Condor Capital. Condor Capital is an asset management company that sells REOs and buys ugly stuff … (1 comments)
Kevin and Fred are fed up with banks trying to get more money even when the bank and buyer agree on the how much the house is worth. Why fight when we all agree? Mr. Negotiator – Keeping your cards so close to the vest causes you to loose more money, not collect more. Fair market value, is fair market value. More on short sale counter offers … (8 comments)
Kevin and Fred, short sale specialists, go over bank counter offers and what the different kinds are - and how to tell the difference. Remember: get the BPO! … (0 comments)
bank guidelines: OCWEN and its President, Ronald M. Faris, Called Out as “Two-Faced”
- 05/17/10 08:30 PM
Fred Weaver with special guest, Brian Gubernick, compare and contrast Mr. Faris' statement to the press and his actions behind the scenes. Revolting! Shame on you Mr. Ronald M. Faris! Link to Article about OCWEN President Ronald M. Faris written by Kimberly Miller (Palm Beach Post Staff Writer) on 2/26/10 http://www.palmbeachpost.com/money/ocwen-financial-president-ron-faris-trying-to-make-292877.html In the article above, Ron Faris states.... "People also think that we make money by foreclosing on a home. Foreclosure is not only bad for the homeowner, but it is also bad for the investor in the loan because foreclosure almost always results in a loss." Now … (16 comments)
bank guidelines: Guidelines are Ridiculous
- 04/22/10 06:58 PM
Fred Weaver, Short Sale Trainor, and Coach Collard relive a commission negotiation story. The story showcases why bank guidelines are just that - guidelines and aren't written in stone. Get all your short sale questions answered on Kevin and Fred’s Coaching Webinar. Sign-up Today! … (5 comments)
We are actually asking for the viewers to bring some ideas to the table today. We would like the viewers of Short Sale Power Hour to give us some indication as to what scares you most in the short sale business. Also, what would you like to see changed right now to help the short sale process? Fred would like to see the government put into motion standardized deficiency laws across all 50 states. Somewhere, you could find a way to handle the deficiency language so that agents know what they are doing for their clients. Kevin would like to see … (0 comments)
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