Providing you with the knowledge and tools needed to succeed with Short Sales.
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Catherine Myers
- Female
- Walnut Creek, CA
- United States
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Catherine Myers's Groups
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GMAC
69 members
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Short Sale Tools
142 members
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Wachovia Short Sales
56 members
Catherine Myers's Page
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I've never had them not ask for financials, so lucky you on the one you did in the past.
But I've got 2 with Citi right now. Both have approvals and have language waiving any further deficiency rights. (These are both first loans). I've had pretty…
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Here's a group for us to share info about muddling through the REOTrans (Equator) system.
And be very very careful if they tell you "no foreclosure date is set." You need to check for yourself. I had one we've been working on for months. Any, I will spare you the gory details (to the point I started cc'ing Ken Lewis on all correspondence…
Has anyone had success with US Bank loan mods? I have a client that has a Pacific National loan. US Bank just took them over a couple of weeks ago so they asked me if I knew of any success stories on a loan mod? THANKS!
US Bank services Florida Housing loans
Ph#: 1-800-365-7900
Fx#: 1-866-563-9508
It should as long as they never used that money for anything. If it all went to the house purchase, my understanding, based on many hours sitting in on client appts with attorneys and networking with attorneys and sitting in on webinars of attorneys…
David (remember I'm not an attorney), but no, no recourse is just that.. no recourse. One strategy though (remember I'm not an attorney, nor to I pretend to be one :) .... is say you have a non recourse first loan, and a second recourse loan (i.e. a…
David, are we talking B of A or Chase? I have had Chase recently remove this language.. but B of A is by FAR the absolute worst and you will probably have very little luck with them changing their letter.
Bettie, but in california we have non recourse (purchase money) loans. My understanding from David is that this was an original loan, never refinanced, no cash out.. but the original purchase money loan which puts this in the "non recourse" recourse…
For the first time that was the verbiage the first time. As others have noted, they are typically very tough. But the negotiator on this one told me that this is the "new" California letter. But it sounds like not for all of their notes.
David, the wording in my Chase approval for a second recently was:
Chase Home Finance LLC agrees to release its security interests on the above account and forgive any deficiency balances upon receipt of 3,000 in certified US Funds.
This was on a…
Hi David, not if it is a non recourse 2nd, i.e. original purchase money.
David, what state are you in? I got a second approval from Chase recently that forgave all deficiency due to the fact we are an anti-deficiency state and it was a non recourse/original loan. Each state is different though. The rep told me specifical…
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Comment Wall (1 comment)
- At 1:43am on October 4, 2009,
Catherine Myers said…
- I'm a huge advocate of making sure homeowners have exhausted their efforts to save their homes first. To that end, I try to keep homeowners informed as to upcoming foreclosure prevention workshops. Most of these seminars are held by HUD approved counseling agencies and are free. NACA (Neighborhood Assistance Corporation of America) is traveling around with their "Save the Dream" tour. See if it is coming to a city near you: www.NACA.com. It will be in San Francisco October 16th - 20th and they expect over 50,000 people. Lenders will be on hand, and in some cases will modify loans on the spot.
Profile Information
- First Name
- Catherine
- Last Name
- Myers
- State
- CA
- City
- Walnut Creek
- My Profile
- California Short Sale Professional. Residential single family, condo, luxury and estates. Serving the San Francisco East Bay Area communities of Contra Costa and Alameda Counties. Dozens of successful closings with most major lenders. Ask about the streamlined Wachovia process. Free short sale consultations, free resources for attorneys and CPA's. Happy to help with homeowner resources for loan modification and other homeowner preservation techniques including referrals to HUD approved counselors, local area housing counselors and information about upcoming seminars to talk to lenders and modify your loan. Our first goal is to get you the information you need to KEEP your house. When that's not possible, we want you to have all resources you need at your fingertips.
Catherine Myers, REALTOR
Alain Pinel Realtors
DRE Lic 01337828
Walnut Creek, CA 94596
925-683-2125
__________________
Walnut Creek, 94598, 94597, 94596, 94595
Clayton, CA 94517
Concord, 94521, 94518, 94520, 94519
Danville, Alamo, 94507, 94506, 94526
Lafayette, 94549
Martinez, 94553
Pleasant Hill, 94523
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Forum
Bank Of America short sale expert needed -I have an approved short sale but issus with the type of release 1 Reply
Started by Al Goldin in Short Sale Discussions. Last reply by Bryant Tutas 11 hours ago.
Has anyone had issues with PMI? 1 Reply
Started by Travis Bryant in Short Sale Discussions. Last reply by Laura Marshall 1 day ago.
PNC Bank 1 Reply
Started by jim coddington in Short Sale Discussions. Last reply by Amy Cole Mar 10.
Obama Paying $1,500 to Homeowners who do a Short Sale
Started by Neil Leavitt-Kentucky Solutions in Short Sale Discussions Mar 8.
BOA as a server for Rural ECON (type of loan)
Started by Wanda martinez in Short Sale Discussions Mar 6.
FINALLY!!! We received SunTrust's Acceptance Letter! 1 Reply
Started by Rhonda Mial in Short Sale Discussions. Last reply by Bryant Tutas Mar 8.
Any short sale pros who have dealt with USAA Federal Savings Bank ? 7 Replies
Started by Al Goldin in Short Sale Discussions. Last reply by Amy 1 day ago.
Does bank approve before or after P&S is signed?? (in MA) 2 Replies
Started by Robyn Snyder in Short Sale Discussions. Last reply by Bryant Tutas Mar 8.
DID YOU KNOW THAT BOA GIVES AGENT RATINGS ? 4 Replies
Started by Gail Oleaga in Short Sale Discussions. Last reply by David Dee 1 day ago.
BoA countered on our offer..any info on counteroffers
Started by Jerry White in Short Sale Discussions Mar 3.
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