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Short Sale Offer Submission

We have multiple offers, should we submit them all to the bank? The banks do not require you to submit all offers to them to them for review and the sellers should not be accepting more than one offer at a time as that may increase liabilities. If you submit multiple...

Freddie Mac Short Sale Guideline

Freddie Mac Short Sale Listing Guideline Agent’s beware! Do not have offers written up prior to a property being listed on the MLS for at least 5 business days and a weekend. Many investors are implementing this guideline as Freddie Mac is a leader in the...

Ocwen Short Sale Information

Ocwen Short Sale Getting an Ocwen short sale moving forward is the easy part, but working with them is were the process gets more difficult. Ocwen will accept emails which increases your chances that your documents are received the first time compared to fax were many...

Short Sale Runaround From Banks

Short Sale Runaround And Misinformation Provided From Banks After being in this business for awhile you will learn that representatives at the often will provide you with misinformation and give you the short sale runaround. They often will be convinced that they are...

2nd Mortgage Settlement

2nd Mortgage Settlement It’s almost the year end and from our experience this is the best time to submit 2nd lien settlement offers to the servicers. If you’re struggling to pay your mortgages or if settling your 2nd mortgage will produce other benefits,...