WOW who would think after finding the perfect home for your buyer and getting a ratified contract December 1st 2011, would turn into such a nightmare. Although my team is very experienced in short sales and we don't hesitate to sell one to our buyers either but this one takes every bit of experience and throws it out the window.
our dateline breakdown:
12/1/2011 contract on home
3/5/2012 BofA and FHA short sale approval letter (we are so excited at this point)
4/12/2012 Buyers loan and docs are done she signs all closing docs and pays all closing fees and costs due to close....
5/9/2012 Can you believe my single mom homeless buyer still has no home? We are waiting for a final BofA and HUD appraisal extension and approval to close. Seems no one can help us get this done for my buyer and her son and dog and now she may be forced to cancel and rent again after working so very hard to do all she was supposed to do including the sacrifices made by her and her son to save enough money to buy a home for them.
In all of our success stories there is always one that makes you shake your head and go huh????
Wednesday, May 9, 2012
Wednesday, April 18, 2012
The Robo-Signing Settlement: How it can help you stay in your home!
The Robo-Signing Settlement: How it can help you stay in your home!
The news has been abuzz in the past few weeks about the historic Robo-Signing Settlement reached between the government and five major lenders. The settlement raises lots of questions, but for homeowners who are in danger of losing their home there is only one:
Can this settlement help me stay in my home?
The answer: Possibly! But regardless of whether you meet the specific eligibility requirements of the settlement, it is important to remember one thing:
THERE ARE OPTIONS!
As a real estate professional who has earned the Certified Distressed Property Expert (CDPE) designation, I have information about what this settlement means for distressed homeowners.
If you or someone you care about is in danger of losing their home and think they have no options, contact me today for a confidential consultation.
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