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Approved Short Sale Pending Service Release

Approved Short Sale Pending Service Release A service release is typically something you do not want to take place while you are processing a short sale transaction. Generally, when a service release takes place it results in the short sale process starting all over...

BBVA Compass Short Sale Guidelines

BBVA Compass Short Sale Guidelines BBVA compass is a smaller servicer and actually has proven to process short sale transactions fairly quickly, but you need to be aware of their guidelines upfront. BBVA Compass does not participate in the HAFA program. BBVA Compass...

Bankruptcy Short Sale

 Bankruptcy Short Sale What happens to the short sale if the seller files for bankruptcy? •Lender can review a short sale offer while the loan is in an active bankruptcy. However, to complete a short sale and issue the approval letter, the bankruptcy documents must be...

One Borrower Cooperating Short Sale

Only One Borrower Cooperating Short Sale We were recently brought a short sale transaction in Santa Monica, California by an agent who has a borrower who desperately needed to attempt a short sale review. The issue in their case though was that there is a co-borrower...

Equator Soft Decline File

What Is An Equator Soft Decline? An Equator soft decline is a term used for declining an offer on a short sale that is being processed through the equator online platform. Short sales are moved forward in equator on the agents and banks side by completing tasks. At...