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Who Is The Investor On Your Mortgage?

January 9th, 2012 - By allanmadams

The Short Sale Specialist

Hello, I am Mark Peek at Keller Williams Real Estate, and we’re California’s main short sale team and your short sale specialists. A common question I get from people who find themselves excited about doing a short sale and say their loan is with Bank of America or Wells Fargo, they usually make their payments to either one of these folks. The misconception is that Wells Fargo or Bank of America or whoever you are making your payments to owns the loan. That is truly unfaithful for a lot of the cases.

Info On Finishing A HAFA Short Sale With Bank Of America – Part 2

November 27th, 2011 - By allanmadams

Short Sale Slayerz

Hello, Jason Zweigle right here with ShortSaleSlayerz.com, we’re certainly one of California’s main short sale teams. Thank you for visiting our website. Today we’re going to speak about the part 2 of the Bank of America HAFA short sale program. I needed to broaden somewhat on how we approach the short sale option. Within the first video, we talked about going through the entrance door of the HAFA program the place we get the financial institution’s sale price. It’s like a preapproved short sale. That’s a catastrophic mistake for any agent or shopper to ask the bank to offer you a value to sell your home. There’s a back door HAFA program that we use and basically we take a proposal and submit it after which we request for HAFA short sale approval, getting you the advantages of the HAFA short sale, the $3,000, but not having the bank meddle with our sale price and contract.

A Truely Unimaginable Instance Of Going The Further Mile On A Chase Bank Short Sale File

October 19th, 2011 - By allanmadams

Short Sale Shift

Have You Gotten A Notice Of Default? What To Do Now?

February 21st, 2011 - By allanmadams

The Capstone Team

Today, we would really like to speak about something that we hear from Bay Area homeowners on a regular basis. Being Bay Area short sale realtors, we speak with homeowners daily concerning their concerns.

The story is very recognizable to us; a homeowner has been sent a Notice of Default and wishes to know what they should do next. The homeowner does not want to lose their house, but, at this phase their choices are very limited. Once a Notice of Default is sent by your lender, the point has passed to be able to do a loan modification, or otherwise carry out some kind of workout proposal. Your options at this point are usually the following:

Working With Short Sale Offers

February 21st, 2011 - By allanmadams

Sold By Short Sale

Hi there. This is Matt Fetick with Sold By Short Sale. We are the Philadelphia and Wilmington, DE region short sale specialists. This is step five of our seven step procedure. We have broken down the seven steps that our group uses to successfully close Philadelphia and Wilmington, DE short sales. We can’t guarantee 100% success with each short sale that we take on. Nonetheless, we feel that if we stick to our established course we will have the greatest possibility of getting your Philadelphia and Wilmington, DE short sale accepted. If you haven’t viewed our prior steps, please take the moment to look over them.

Trent Chapman Chats Regarding Escalation

December 3rd, 2010 - By allanmadams

Short Sale Power Hour

Short Sale Power Hour is happy to welcome Trent Chapman, Short Sale Genius, back to the episode. Trent has exhausted a lot of time teaching agents how to escalate. He provides a form letter on his website, theshortsalegenius.com, to give people an illustration of how to impart the escalation idea to the lender. Basically, it gives a universal script as to how you can rationalize that the short sale is better than foreclosure.

Wells Fargo Short Sale Clash

December 3rd, 2010 - By allanmadams

Short Sale Shift

Every once in a while, we want to voice our frustrations to maintain our sanity in the difficult short sale business. It also helps us keep fueling the fire to fight the banks because certain days are more difficult than others.

We don’t loathe Wells Fargo. Nonetheless, they are failing us today. The loan that we are having troubles with is an FHA loan. So, that might be part of the problem holding things up. We will have to escalate with this folder. Here is the account.

Disregard Lender Rules About Short Sale Commissions

December 3rd, 2010 - By allanmadams

Short Sale Power Hour

First and foremost, remark on today’s video at shortsalepowerhour.com and you will have the chance to be entered into a drawing for complimentary flip flops from the team 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 folder was rejected in spite of the offer being the same as the BPO. We came to find out that they sold the mortgage to Condor Capital.

When Everything Else Fails, Find An Answer

December 3rd, 2010 - By allanmadams

Short Sale Power Hour

Today is Unforgettable Friday Kevin and Fred would like to communicate some scenarios and in particular, one transaction. Hopefully, you will hear some of the mindset that Kevin and Fred take into a short sale transaction. Fred and Kevin get numerous questions centered around some of the ideas focused on in the subsequent story.

Lender Counter Offers – Recognize The BPO And Recognize The Distinction

December 3rd, 2010 - By allanmadams

Short Sale Power Hour

Group 46:10 will be taking a vacation from their show to go on the path to Italy for a small bit of rest and relaxation. However, there are many quality episodes coming up. So, stay tuned to the week of information and instruction.

Today is about a subject that comes up quite often but is very often misunderstood. Kevin and Fred do not teach about it as much as they could, but that is just because they do not want to give it an credibility. The theme is bank counter offers.