The life of a Short Sale Real Estate Broker in Florida can be very entertaining AND very frustrating. Here's an outline of some of my interesting "thingies" this week. You can decide which ones were entertaining and which ones were frustrating. Come on. It'll be fun. Or not.
- Had an agent want to claim a deposit for her Seller because my Buyer did not accept the counter offfer!
- Bank of America says the Short Sale is valued at $67,500. Bank of America, on the Buyer side, says it's worth $60,000.
- Sun Trust, after 8 months, finally responded to our Short Sale request. They want 15% more for the property and gave us 24 hours to sort it out or the file will be closed.
- An executive from Capital One called because he saw on the Internet (www.ShortSaleSuperStars.com) that I had a Capital One Short Sale and he wanted to know if I needed any help with the file!
- Had two Shorts Sale approved with Bank of America through Equator.com. Both were approved in less than 45 days and I NEVER spoke to a human. Automated all the way. LOVED IT!!
We (as in me) have successfully handled Short Sales with.....
- Bank of America
- Wells Fargo
- Chase
- PNC Bank
- US Bank
- Orange Bank
- Citi Mortgage
- Wachovia
- Green Tree
- Fifth Third Bank
- GMAC
- HomeEq
- Capital One
- Sun Trust
So..........
Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.
Want to find out more? www.CentralFloridaShortSales.com
***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.
Copyright © 2010 http://www.brokerbryant.com/ | All Rights Reserved
Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.
Want to find out more? www.CentralFloridaShortSales.com
***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.
Tutas Towne Realty, Inc handles Florida real estate sales, Florida short sales, Florida strategic short sales, Florida pre-foreclosure sales, Florida foreclosures in Kissimmee Florida Short Sales, Davenport Florida Short Sales, Haines City Florida Short Sales, Poinciana Florida Short Sales, Solivita Florida Short Sales, Orlando Florida Short Sales, Celebration Florida Short Sales, Winderemere Florida Short Sales. Serving all of Polk, Osceola and Orange Counties Florida. Florida Short Sale Broker. Short Sale Florida.
Copyright © 2011 http://www.brokerbryant.com/ | All Rights Reserved
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Great news about the successes. I love the story about Bank of America/Equator.
Sounds good. 4 laughs and one WOW.
I emailed the CEO of SunTrust on Wednesday about a languishing short sale file. SunTrust called me back from the CEO's office on Friday to acknowledge my email, request a few more details and said the file was being escalated and I should have a follow-up by Monday. Left me their name and number to call if no repsonse.
BoA uploaded to Equator last Monday. Agent calls on Thursday to schedule the BPO.
Both of these have me almost...okay not really....speechless!
Stay tuned. Who knows what might happen next.
Awesome Cindy. I am LOVING Equator. I am still HATING Sun Trust. They are by far the worse. Our jobs sure are difficult these days!!
This makes me laugh til I cry....or cry til I laugh....I'm not sure which since short sales have now made made me schizophrenic.
Even my regular sales are driving me nuts. Oh, well, welcome to the glamourous life of a realtor.....
BB, I am with Lenn, 4 laughs and a WOW!
Now that one is funny. LMAO. Lets us know how that plays out even if it's two Depts at the same lender saying screw you to each other.
BB, your list proves every deal is so different, but the buyer AND the seller side with BofA with different numbers ~ WILD !!
Sounds like a normal week. You must follow up on the BOA this house is worth what?
You have to keep your sense of humor these days, or you could lose your mind! You do a great job of that. Yep, I love it when the same Bank is on both sides. Maybe someone should remind them about their goal of loan retention.
You are right, it is up and down dealing with banks, and buyer who walk, the day it is approved. I love your ShortSaleSuperstar site. I am following the thread on there now because I am dealing with SunTrust, not good so far.
I love that BOA appraisal where the selling side says one amount and the buyer side says another amount. Is it any wonder why America despises Wall Street and its bankers? How funny.
want 15% more for the property and gave us 24 hours to sort it out or the file will be closed.
I love those ultimatums. Sometimes I say go ahead. Then I open it with a different negotiator who approves the short sale.
If a BOA loan officer had an appraisal come down low on one of their properties I would check in with the LO to see if they can escalate the issue to the negotiator. Had it happen once in December and I was amazed at the process and escalation took less than a day to resolution.
Call me tomorrow if you have any questions about the process
Give lovely a big Mother's Day hug for me :)
Bryant, really funny and sad. Especially about the banks and how much money of ours they are entrusted with. Wonder if they handle those any better? What do you think?
Bryant, Thanks for the post. I much prefer the automated system. The system creates accountability for both sides of the transaction.
Well, the life of a short sales specialist is always interesting, anyway!
Cheers,
Robin
The last two items on your list are definitely the best of the bunch. Hard to believe that those Cap One folks actually have time to go on the Internet.
The call from the Capitol One guy is pretty astonishing. The others had me rolling on the floor.
I love hearing about accepted BOA shorts. Equator seems to be helping keep the wheels turning.
Before equator four months between initiating short sale and BPO. . .with equator 2 weeks! I just got a counter on a file I started on April 30. Good Stuff!
Capital One called? Cannot WAIT to hear the details on that, Bryant!