Selling Poinciana One Property at a Time.: Short Sale Approval Rescinded 1 Day Before Closing!

Short Sale Approval Rescinded 1 Day Before Closing!

Good morning Superstars.

Here are this week's Superstar discussions.

DiscussionsRepliesLatest Activity

Multiple Offers on a Short Sale Listing

Once an executed contract has been submitted to the lender and another offer is submitted on the property, how is the 2nd offer supposed to…

Started by Allen Faires

5 2 hours ago
Reply by Kevin - Greenville, SC

BofA rescind short-sale approval one day before closing! Buyer needs HELP!!!

I'll try to describe my situation in as few words as possible. Earlier this year I started the buying process on a Bank of America short sa…

Started by Luke Kelly

4 7 hours ago
Reply by Sheyenne Schultz

Client not given reason why short sale was declined, how can we find out?

No one at BOA seems to know why my client's short sale was declined. We need to find out - he can't afford the house and from what I see, h…

Started by Dawn Maloney

3 8 hours ago
Reply by Sheyenne Schultz

Nationstar Mortgage

HELP !!! I need a contact to Nationstar the investor is Bank Of New York via EQUATOR I have a short sale that I am working on. They will no…

Started by Rosalinda Hernandez

6 8 hours ago
Reply by Sheyenne Schultz

Office Policy Qualifications for Agents Who Do Short Sales

Wondering if any of you have a document in your office that you would be willing to share, that spells out what the minimum office requirem…

Started by Deb Orth

2 12 hours ago
Reply by Deb Orth

Need answers please help...

and are charging the buyer $2300 in attorney fees on behalf of the seller. Also tried to get me to lower their offer but get the buyer to p…

Started by Sylvia Montoya Knight

4 yesterday
Reply by Smitty

Make too much for Short Sale

Its John P again, one more question but on the opposite side, We of course have a house that is underwater, but current on the payments, an…

Started by John P

10 yesterday
Reply by John P

Will BOA process a VA short sale while payments are current?

Does anyone have any information as to BOA's VA loans with payments that are current? Any experience with this?

Started by Kristy Hamilton

2 yesterday
Reply by Wendy Rulnick

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Comment balloon 6 commentsBryant Tutas • October 07 2012 06:09AM

Comments

Thanks for the post. I will bookmark this and read all the posts.

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) almost 7 years ago

Your title was like a punch in my stomach . .off to read the story and learn from it. .

Posted by Fernando Herboso - Broker for Maxus Realty Group, 301-246-0001 Serving Maryland, DC and Northern VA (Maxus Realty Group - Broker 301-246-0001) almost 7 years ago

BofA is service releasing millions of loans over the next few months. Get these short sale closed as fast as possible!!

Posted by Bryant Tutas, Selling Florida one home at a time (Tutas Towne Realty, Inc and Garden Views Realty, LLC) almost 7 years ago
The story about about the approval being rescinded. I've heard of that before. Not pretty.
Posted by Melissa Zavala, Broker, Escondido Real Estate, San Diego County (Broadpoint Properties) almost 7 years ago

Are you finding good results when dealing with a BofA short sale?

If so let me know I have one right now and may need some advice.

 

Peace Bryant and hope to talk to you soon

Posted by David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg (US Mortgages - David Shamansky) almost 7 years ago

Hi David. I'd be happy to help. I've done many BofA short sales and have never had one that wasn't approved and closed.

Posted by Bryant Tutas, Selling Florida one home at a time (Tutas Towne Realty, Inc and Garden Views Realty, LLC) almost 7 years ago

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