Since the DRA has not been renewed for 2014, does anyone know what the last day is a contract signed in 2013 has to close by in 2014?
Started by Rich Steffen in Rants and Raves
Reply by wayne brooks
Does anyone have experience with SLS? We have been told our offer is too low, but they won't counter. They have agreed to send the BPO to…
Started by Lonnie Workman in Rants and Raves
Reply by Mellissa Young-Ramirez
Now it's Freddie's turn. without going into details, I have confirmed with management at Wells Fargo that Freddie Mac is countering 15%-20…
Started by Tony Morales in Rants and Raves
Reply by Robin Kramer
On this page, you will find access to an unparalleled amount of resources for agents who work short sales. Help share this page with other…Started by you in Rants and Raves
Has anyone had any experience with HSBC cutting the commissions to 4% ?
Started by Linda Hess in General Discussion
We were doing a short sale on our home and our real estate agent advised us that on we needed to be out of the house on Oct. 1, 2013 becaus…
Started by Angela Guitar in Question and Answer
Reply by Donna Meyers
Why is it that when you try to help distressed homeowners they seem to not cooperate?
Studies have suggested that homeowners facing the potential loss of their home are riddled with fear, guilt, resentment and doubt.
The fear is the overwhelming feeling and the embarrassment of losing their home, their family and the thought of people talking about them.Continue
Added by Sergio Saia on February 17, 2014 at 9:00am — No Comments
Exciting News! FHA Is Allowing People that Suffered through Recent Economic Hardships to Apply for a Home Loan with the FHA Back to Work Program.…Continue
Added by Michael Collins, CDPE, SFR, BPOR on February 11, 2014 at 3:36pm — No Comments
Ocwen is the 1st and SLS the 2nd and escrow closed on 1/23/14. Both lenders approved the Hud for closing
Ocwen called days later asking for a new revised approval letter from the 2nd. The 2nd approval stated "minimum
proceeds to close approved short sale to be $6,000. Ocwen approved seller for Hafa and gave 2nd $8500. This
amount was on the Hud that was approved and SLS said they did not need to revise their letter. Title was fine with
this amount as it did state…Continue
Added by Diana Jean Laskowski on February 7, 2014 at 12:42pm — No Comments