Tag Archive

Are Investors Losing Money Because of Their Short Sale Servicers?

Published on February 25, 2013 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

Are Investors Losing Money Because of Their Short Sale Servicers? Massachusetts – New Hampshire The simple answer is yes!!! YES! Bank of America, Chase, GMAC, Ocwen, CITI, Wells Fargo are just some of the bigger secondary market lenders.  Now, what a lot of homeowners don’t realize is these companies many times just SERVICE a loan, […]

CLOSED! Reading Massachusetts Short Sale!

Published on October 12, 2012 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

A major shout out to Keller Williams agent Bob Gill, who had some SERIOUS patience and drive to get this deal done.  After one buyer walked and at least two months added to the sale that was unnecessary, we closed this Chase / RBS Citizens (CCO) Short Sale this week.  Bob Gill is a newer […]

Trick Or Treat – Five Month Short Sale coming to end after THREE SUBMISSIONS

Published on October 31, 2011 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

Now, five and ½ months is not historically long in short sale time lines, but it’s long enough for me considering I submitted the same file four times, three with the same buyer and ended up with the same negotiator ALL but this last time. This is the end of one of the most frustrating deals I’ve ever encountered, mainly because the STUPIDITY of the team at Chase astounded me. Now in case you’re not up to speed on this sale, check here for my BPO quandary. Yes, even getting a BPO ordered a second time around with the EXACT VALUE of our offer, miraculously, our file ended up closing as the NET to the investor wasn’t yielding them enough.

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