Comments on: Short Sale Guy Gets Personal with Countrywide http://reitips.com/getting-personal-with-countrywide/ Real Estate Investing, Undressed: Tips, ideas and news real estate investors can use. Tue, 07 Feb 2012 18:38:00 +0000 hourly 1 By: Steve http://reitips.com/getting-personal-with-countrywide/comment-page-1/#comment-148267 Steve Thu, 02 Sep 2010 15:15:00 +0000 http://reitips.com/?p=447#comment-148267 Too many "unhappy people" looking to jump on your carcass these days. Take a chill pill and let God's grace on you, carry over to others. JP does a great job of helping to educate and inform real estate investors about many things. For which of those do you want to hang him for? Too many “unhappy people” looking to jump on your carcass these days. Take a chill pill and let God’s grace on you, carry over to others.

JP does a great job of helping to educate and inform real estate investors about many things. For which of those do you want to hang him for?

]]> By: jp moses http://reitips.com/getting-personal-with-countrywide/comment-page-1/#comment-148249 jp moses Sat, 28 Aug 2010 03:24:00 +0000 http://reitips.com/?p=447#comment-148249 The flavor of "this post was made before BOA acquired Countrywide". ;-) The flavor of “this post was made before BOA acquired Countrywide”. ;-)

]]> By: Debbie http://reitips.com/getting-personal-with-countrywide/comment-page-1/#comment-148248 Debbie Sat, 28 Aug 2010 03:04:00 +0000 http://reitips.com/?p=447#comment-148248 Countrywide no longer exists. It was bought 2 yrs ago by BOA. What flavor of Kool Aide are you drinking? Countrywide no longer exists. It was bought 2 yrs ago by BOA. What flavor of Kool Aide are you drinking?

]]> By: Thom Richardson http://reitips.com/getting-personal-with-countrywide/comment-page-1/#comment-1885 Thom Richardson Sun, 22 Feb 2009 02:29:56 +0000 http://reitips.com/?p=447#comment-1885 Thanks so much for responding - well, we are now in month 4 with the above short sale. My realtor called me and advised me that they learned that the B.P.O. came back at 10K less than my offer. I thought WOW! He suggested I lower my offer, suggested 3 different approaches and I went with one - new offer, 7K less than previous and ask for 5K in closing and 1 % of bank negotiator fee paid - about $2600 dollars - thought, great, if I get this, I'd save 10K from my original offer - my realtor's group specializes in REO and Short Sales and supposedly have experts doing the work with lenders. I'm told they have a great relationship with Countrywide - I asked if this would start the whole process over - I was told no. I stated that I thought closing costs couldn't be asked for - I was told no. I asked how much longer - told, maybe couple more weeks and his group still feels confident that Countrywide will accept my new terms - does this sound too good to be true - starting to get frustrated - going in with a lower price just seems a bit weird, but, I trust my realtor! His group has a great reputation and have been featured in national magazines! Thanks for your response in advance. Thanks so much for responding – well, we are now in month 4 with the above short sale. My realtor called me and advised me that they learned that the B.P.O. came back at 10K less than my offer. I thought WOW! He suggested I lower my offer, suggested 3 different approaches and I went with one – new offer, 7K less than previous and ask for 5K in closing and 1 % of bank negotiator fee paid – about $2600 dollars – thought, great, if I get this, I’d save 10K from my original offer – my realtor’s group specializes in REO and Short Sales and supposedly have experts doing the work with lenders. I’m told they have a great relationship with Countrywide – I asked if this would start the whole process over – I was told no. I stated that I thought closing costs couldn’t be asked for – I was told no. I asked how much longer – told, maybe couple more weeks and his group still feels confident that Countrywide will accept my new terms – does this sound too good to be true – starting to get frustrated – going in with a lower price just seems a bit weird, but, I trust my realtor! His group has a great reputation and have been featured in national magazines! Thanks for your response in advance.

]]> By: Thom Richardson http://reitips.com/getting-personal-with-countrywide/comment-page-1/#comment-148843 Thom Richardson Sun, 22 Feb 2009 02:29:00 +0000 http://reitips.com/?p=447#comment-148843 Thanks so much for responding - well, we are now in month 4 with the above short sale. My realtor called me and advised me that they learned that the B.P.O. came back at 10K less than my offer. I thought WOW! He suggested I lower my offer, suggested 3 different approaches and I went with one - new offer, 7K less than previous and ask for 5K in closing and 1 % of bank negotiator fee paid - about $2600 dollars - thought, great, if I get this, I'd save 10K from my original offer - my realtor's group specializes in REO and Short Sales and supposedly have experts doing the work with lenders. I'm told they have a great relationship with Countrywide - I asked if this would start the whole process over - I was told no. I stated that I thought closing costs couldn't be asked for - I was told no. I asked how much longer - told, maybe couple more weeks and his group still feels confident that Countrywide will accept my new terms - does this sound too good to be true - starting to get frustrated - going in with a lower price just seems a bit weird, but, I trust my realtor! His group has a great reputation and have been featured in national magazines! Thanks for your response in advance. Thanks so much for responding – well, we are now in month 4 with the above short sale. My realtor called me and advised me that they learned that the B.P.O. came back at 10K less than my offer. I thought WOW! He suggested I lower my offer, suggested 3 different approaches and I went with one – new offer, 7K less than previous and ask for 5K in closing and 1 % of bank negotiator fee paid – about $2600 dollars – thought, great, if I get this, I’d save 10K from my original offer – my realtor’s group specializes in REO and Short Sales and supposedly have experts doing the work with lenders. I’m told they have a great relationship with Countrywide – I asked if this would start the whole process over – I was told no. I stated that I thought closing costs couldn’t be asked for – I was told no. I asked how much longer – told, maybe couple more weeks and his group still feels confident that Countrywide will accept my new terms – does this sound too good to be true – starting to get frustrated – going in with a lower price just seems a bit weird, but, I trust my realtor! His group has a great reputation and have been featured in national magazines! Thanks for your response in advance.

]]> By: Thom Richardson http://reitips.com/getting-personal-with-countrywide/comment-page-1/#comment-1529 Thom Richardson Tue, 27 Jan 2009 05:38:34 +0000 http://reitips.com/?p=447#comment-1529 I felt for the first time since my short sale offer on 11/13/08 I got good news today 1/24/09 - my realtor told me that my file was now in the hands of the lender's closing negotiator and that my offer was within acceptable parameters of what Countrywide's BPO was. It went to the closing negotiator today and I was told after review it will be forward to the investor, i.e. fannie mae, or ....., and this review should take one week - my realtor told me his company's experience was that once it got to this point, the offers are ALWAYS accepted by the investor and once they approve, I should be able to close within 30 days - does your experience tell you the same - anxiously waiting for an approval! Thanks. Thom <blockquote><strong>Great news for you, Thom! I'd be cautious about saying "always", but it sounds like a pretty good chance you're going to have a deal here soon! Personally I've only handled a few short sales - it's not my focus. But Cory Boatright and Shaun McCloskey are two of the best short sale sherpas out there IMHO. Congrats on the good news though! Come back and report your profits!</strong></blockquote> I felt for the first time since my short sale offer on 11/13/08 I got good news today 1/24/09 – my realtor told me that my file was now in the hands of the lender’s closing negotiator and that my offer was within acceptable parameters of what Countrywide’s BPO was. It went to the closing negotiator today and I was told after review it will be forward to the investor, i.e. fannie mae, or ….., and this review should take one week – my realtor told me his company’s experience was that once it got to this point, the offers are ALWAYS accepted by the investor and once they approve, I should be able to close within 30 days – does your experience tell you the same – anxiously waiting for an approval! Thanks. Thom

Great news for you, Thom!

I’d be cautious about saying “always”, but it sounds like a pretty good chance you’re going to have a deal here soon! Personally I’ve only handled a few short sales – it’s not my focus. But Cory Boatright and Shaun McCloskey are two of the best short sale sherpas out there IMHO.

Congrats on the good news though! Come back and report your profits!

]]> By: Thom Richardson http://reitips.com/getting-personal-with-countrywide/comment-page-1/#comment-148842 Thom Richardson Tue, 27 Jan 2009 05:38:00 +0000 http://reitips.com/?p=447#comment-148842 I felt for the first time since my short sale offer on 11/13/08 I got good news today 1/24/09 - my realtor told me that my file was now in the hands of the lender's closing negotiator and that my offer was within acceptable parameters of what Countrywide's BPO was. It went to the closing negotiator today and I was told after review it will be forward to the investor, i.e. fannie mae, or ....., and this review should take one week - my realtor told me his company's experience was that once it got to this point, the offers are ALWAYS accepted by the investor and once they approve, I should be able to close within 30 days - does your experience tell you the same - anxiously waiting for an approval! Thanks. Thom <blockquote><strong>Great news for you, Thom! I'd be cautious about saying "always", but it sounds like a pretty good chance you're going to have a deal here soon! Personally I've only handled a few short sales - it's not my focus. But Cory Boatright and Shaun McCloskey are two of the best short sale sherpas out there IMHO. Congrats on the good news though! Come back and report your profits!</strong></blockquote> I felt for the first time since my short sale offer on 11/13/08 I got good news today 1/24/09 – my realtor told me that my file was now in the hands of the lender’s closing negotiator and that my offer was within acceptable parameters of what Countrywide’s BPO was. It went to the closing negotiator today and I was told after review it will be forward to the investor, i.e. fannie mae, or ….., and this review should take one week – my realtor told me his company’s experience was that once it got to this point, the offers are ALWAYS accepted by the investor and once they approve, I should be able to close within 30 days – does your experience tell you the same – anxiously waiting for an approval! Thanks. Thom

Great news for you, Thom!

I’d be cautious about saying “always”, but it sounds like a pretty good chance you’re going to have a deal here soon! Personally I’ve only handled a few short sales – it’s not my focus. But Cory Boatright and Shaun McCloskey are two of the best short sale sherpas out there IMHO.

Congrats on the good news though! Come back and report your profits!

]]> By: Brampton Realtor http://reitips.com/getting-personal-with-countrywide/comment-page-1/#comment-199 Brampton Realtor Tue, 14 Oct 2008 23:43:57 +0000 http://reitips.com/?p=447#comment-199 Imagine what you could do if you had such a list for everytime you found yourself talking to a CSR. lol ~ But in seriousness that is extremely useful info to have. Imagine what you could do if you had such a list for everytime you found yourself talking to a CSR. lol
~
But in seriousness that is extremely useful info to have.

]]> By: Brampton Realtor http://reitips.com/getting-personal-with-countrywide/comment-page-1/#comment-148841 Brampton Realtor Tue, 14 Oct 2008 23:43:00 +0000 http://reitips.com/?p=447#comment-148841 Imagine what you could do if you had such a list for everytime you found yourself talking to a CSR. lol ~ But in seriousness that is extremely useful info to have. Imagine what you could do if you had such a list for everytime you found yourself talking to a CSR. lol
~
But in seriousness that is extremely useful info to have.

]]> By: Seanster http://reitips.com/getting-personal-with-countrywide/comment-page-1/#comment-166 Seanster Tue, 30 Sep 2008 00:13:11 +0000 http://reitips.com/?p=447#comment-166 Great post! Great post!

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