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State Board Of Equalization Lien

State Board Of Equalization Lien When a State Board Of Equalization lien ( BOE ) is placed on a property, it will need to be removed from title prior to closing. You can either present an offer in compromise to settle with the State Board Of Equalization or request...

Keep Your Home California Program

Distressed California Homeowners May Qualify for California's Keep Your Home California Transition Assistance Program (TAP) If your financially distressed California clients can no longer afford their homes and are pursuing a short sale or a deed in lieu of...

Property Did Not Appraise

Property Did Not Appraise

Property Did Not Appraise Per Short Sale Approval Letter When a buyer is obtaining financing for a mortgage their lender will require an appraisal is to be completed. When you receive a short sale approval it is for a particular purchase price. At times a short sale...

Short Sale Variance FHA

Finding Help Has Never Been This Easy. Short Sale Variance Placed With HUD A borrower who purchased their property with a FHA loan, but wants to short sale will be reviewed for a program called the Pre Foreclosure Sale Program (PFS ) which people commonly refer to as...

Five Lakes Agency

Five Lakes Agency Short Sale During the Washington Mutual and Chase merger loans that were delinquent did not necessarily always make it to Chase’s servicing system. For example one short sale we are dealing with in Los Angeles, California, was charged off to Five...

Transition Assistance Program

Keep Your Home California Transition Assistance Program (TAP) There are many homeowners in California who are having financial difficulties and who can no longer afford the mortgage(s) on their homes and are pursuing a short sale or a deed in lieu, they may be...

Carrington Mortgage Guidelines

Carrington Mortgage Short Sale Guidelines Carrington Mortgage Services can be a tough lender to work with and they have strict servicing guidelines. Carrington Mortgage Services has a few guidelines that you should be knowledgeable of prior to moving forward with a...

FHA Equator Bank Of America

FHA Equator Short Sale Processing Rolled Out The world of short sales are always changing; the guidelines and the mortgage servicers systems evolving. A news letter was issued sometime last month from Bank Of America stating that FHA short sales would now be processed...

Approved Short Sale And We Need To Add A Buyer

What Does Adding A Buyer To An Approved Short Sale Mean For The Transaction? Adding a buyer to a purchase agreement after a short sale is approved is typically a red flag. It’s usually a sign of a weak buyer who can’t obtain financing on their own, but equally as...

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...

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