Fannie, Hafa, & Promissory Notes. What's The Deal?

By
Real Estate Broker/Owner with Tutas Towne Realty, Inc and Garden Views Realty, LLC BK607690

 

Good morning Superstars,

Here's a sampling of this week's Superstar discussions.

 

DiscussionsRepliesLatest Activity

Fannie, Hafa, & Promissory Notes?

With all of the changes on Fannie short sales, I want to be sure I have this straight. My client has been offered a Fannie short sale and a…

Started by Gabrielle Nemes

9 5 hours ago
Reply by Kevin - Greenville, SC

Wells Fargo Escalation Contact Please

Good morning Super Stars, I need an escalation contact at Wells Fargo. I listed a property for 220k. Wells countered back with 235k. Th…

Started by Marlon Rankine

4 18 hours ago
Reply by Brian Avery

BPO expiration, need your help!

Hello everyone: So we have a SS file (both 1st/2nd with U.S. Bank). The first is still waiting for approval from the second in order to mov…

Started by Tracy Johnson

2 yesterday
Reply by Tracy Johnson
     

Foreclosure after discharged bankruptcy

I have been talking to a potential client that has gone through a bankruptcy and been discharged. The house is now set for foreclosure in…

Started by Rob Olson

4 on Thursday
Reply by Ron Scribner
     

BofA FHA Short Sale - Buyer Assistance

My wife and I have had an accepted offer from the seller since January 23rd, 2013. BofA came back to us multiple times in the first few mo…

Started by Joshua Walters

2 on Thursday
Reply by Brian Avery

Chase - What Will They Pay?

Has anyone had a short sale with Chase where they paid for termite treatments? I represent the buyer in this case and we found out about th…

Started by Rita Cox

3 on Thursday
Reply by Minna Reid

Seller has FHA loan

I received approval on a short sale today where my seller had an FHA loan. There is nothing in the approval letter stating that the defici…

Started by RoJane Maybee

2 on Thursday
Reply by Minna Reid

NJ-NationStar does not want to cover oil tank remediation. Anybody with the same problem?

This is a New Jersey Short Sale Transaction - After battling with NS about not getting a property on their fraudulent Auction.com, we later…

Started by Ismael Medina

1 on Thursday
Reply by Minna Reid

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  • Disputing Bad BPOs
  • Cash Contributions and Prom Notes
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  • 10 Short Sale Mistakes
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 Tutas Towne Realty, Inc handles Florida real estate sales, Florida short sales, Florida strategic short sales, Florida pre-foreclosure sales, Florida foreclosures in Kissimmee Florida Short Sales, Davenport Florida Short Sales, Haines City Florida Short Sales, Poinciana Florida Short Sales, Solivita Florida Short Sales,  Orlando Florida Short Sales, Celebration Florida Short Sales, Windermere Florida Short Sales. Serving all of Polk, Osceola and Orange Counties Florida. Florida Short Sale Broker. Short Sale Florida.

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Rainmaker
1,792,671
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

Great share Bryant...there is always so much to keep up with on short sales!

Jun 01, 2013 10:40 PM #1
Rainmaker
2,781,067
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Bryant - Thank you for the very good information about Fannie, HAFA, & promissory notes, what's the deal.

Jun 02, 2013 02:20 AM #2
Rainmaker
1,516,122
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Fifteen Years Experience in Brevard County

Interesting how some situations/discussions apply to me personally. I wonder if that is the case with others?

Jun 04, 2013 09:41 PM #3
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Rainmaker
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Bryant Tutas

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