Thank you for contacting me to express your support for an extension of the Mortgage Debt Relief Act. It's great to hear from you.
Making sure every American has access to safe, affordable housing is the first step toward building communities and ensuring hope and opportunity for all Americans. Without the right policies, the effects of foreclosure can be devastating not just to the homeowner, but to … (13 comments)
short sales: Just When I Blogged Some Banks Not On Board With Docusign . . . .
- 11/19/12 09:20 PM
Just when I blogged about some of the banks not on board with electronic signatures for their short sales, I get a message from Bank of America stating they are going to be accepting electronic signatures on some of the documents. It is almost as if they read my blog. Yea right! Who am I kidding. That is start especially when most of my short sales are Bank of America short sales and for some reason when I ask the buyer's agent who is putting in the offer to use regular signatures, there is always a pause as if I am … (10 comments)
short sales: Short Sales Would Be Easier If All Were On Board with DocuSign
- 11/15/12 09:33 PM
DocuSign was definitely a sign of change and technical growth for me. I was really happy and excited when I first learned and started using DocuSign. I could not believe that I did not have to run to someone’s house for a signature, another initial, a missed addendum signature or another noticed missed initial. This was great news for me. The real estate industry was on the same page as me. Get stuff done without leaving your computer was exactly what I was hoping for. This is a great concept until I decided to submit a short sale package and after … (2 comments)
short sales: Getting Ready for a GREAT New Year, Start Thinking About New Ways to Improve Your Real Estate Business
- 12/07/11 02:45 PM
It is time to start thinking about getting things ready for another great year in Real Estate. Usually before the end of the year, I start planning some new things before the spring market and while I am shopping for the holidays, cooking for the holidays, I am still thinking Real Estate and how can my business grow and what can I do to improve. Every year we have to improve something otherwise we don’t grow. I try to come up with 5 new ways to advertise this year that I did not do the previous year to attract new … (22 comments)
short sales: US BANK SHORT SALES - ANYONE HAVING OR HAD PROBLEMS?
- 10/30/10 04:05 AM
I have worked with US Bank with a handful of short sales in the past few years and have noticed nothing but problems with their communication and their disorganization. I was wondering if others have had issues with their short sales with US Bank. I have had a couple fall apart based on the lack of communication between the short sale department and the foreclosure department. Has anyone else had this problem. I also have noticed that the short sale negotiators are not that knowledgeable with real estate and the process of selling a home. I know that they hire people … (9 comments)
short sales: Saxon Mortgage Still Having Issues with the Short Sale Process
- 09/09/10 03:25 AM
I started a previous blog a couple of years ago regarding Saxon Mortgage short sales because of help I needed from my fellow active rain agents with one of my shortsales that ended up being foreclosed without notice. I still receive emails weekly from homeowners throughout the United States regarding problems with their loan modifications and short sale problems with the mortgage company. I found out that many people that are in the process of a short sale or a loan modification, Saxon will foreclose on the property without notice. These are the types of emails I receive from homeowners. I … (0 comments)
short sales: Short Sale Nightmares Still Exist with Bank of America
- 02/15/10 12:22 AM
I worked with Bank of America for 17 months on a property that was in a sought after neighborhood. This was a short sale with 2 mortgages both with bank of america. They did 4 BPO's and reviewed, lost paperwork, reviewed, lost paperwork, reviewed, denied, re-reviewed and finally denied it while my client lived in the house for 17 months without paying a dime towards the mortgage. The contract I had was for $10K more than what all of the other homes were selling for but due to the extrodinary upgrades and condition the buyer wanted this home and was willing … (16 comments)
short sales: Anyone with Short Sale or Loan Modification experience with National City Mortgage?
- 06/03/09 04:50 AM
I have had a difficult time getting anything accomplished with National City Mortgage on both my short sale and a loan modification that I am working on. I sit on hold for no less than 45 minutes at a time and then I will get someone rude, not helpful, and tries to rush me off the phone. Curious if anyone else is having this type of response from them?
* Phone numbers for the negotiators for the banks are getting easier to get. * Wait time on the phone for someone at the bank to help you is getting shorter. * More service reps are trying harder to help the situation instead of telling me to call back in 5 days * Banks are becoming more realistic with the prices of homes. * Banks are asking for less information up front.
I think that we will be able to help our clients succeed in their short sales … (5 comments)
short sales: COUNTRYWIDE SHORT SALE DEPARTMENT- Need Number??
- 06/18/08 01:32 AM
A few of my short sales I am negotiating at this time require Countrywide's approval. From previous experience, they usually expect the Agent to call and check status. They don't call me. One the phone numbers that seem to be the most helpful is
HOME RETENTION DEPARTMENT 800-262-4218 SHORT SALE DEPARTMENT
Hope this helps some with your negotiations. … (32 comments)
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