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Christine Donovan Female Newport Beach, CA United States: Share; Share on Twitter; Share on Facebook

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Groups (3)
Videos (2)

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Christine Donovan's Groups

Wells Fargo Short Sales

185 members
Equator

178 members

Bank of America Short Sa…

343 members

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Christine Donovan's Page

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Christine Donovan commented on Bryant Tutas's group 'Equator'

Pam - You should still have your same password and login for your part of it. The buyer will have a separate login and password, and they log in on a different site. I believe the seller will need to call short sale suppport to get set up with a log…

March 4

Christine Donovan commented on Bryant Tutas's group 'Equator'

Email subject lines for BofA/Equator I spoke with short sale department today and was told do not put address, loan number or first name in the subject line. If you do this, their automated email system will reject the email, and it will never get…

March 4

Christine Donovan commented on Bryant Tutas's group 'Equator (formerly REOTrans)'

We're in the middle of our first short sale using Equator. It seems to be moving along pretty quickly in comparison to the typical BofA short sale.

February 21

Christine Donovan added a discussion to the group Wells Fargo Short Sales

Wells Fargo Second Requiring Seller Contribution on Non Recourse Loan?

I have closed Wells Fargo short sales before where both the first and second were Wells Fargo loans, and no seller contribution was required on non-recourse loan. Now, I am being told that Wells Fargo is requiring seller contributions even on non-…

February 16

Christine Donovan joined Wendy Rulnick's group

Wells Fargo Short Sales

Wells Fargo and ASC (America's Servicing Company) tips, tricks, references and experiences!

February 16

Christine Donovan joined Bryant Tutas's group

Equator (formerly REOTrans)

Here's a group for us to share info about muddling through Equator (formerly REOTrans) system.

February 16

Christine Donovan replied to Elizabeth Monje's discussion 'What does the HELD status mean on Equator?' in the group Bank of America Short Sales

From what I am seeing it appears that held is just waiting for the next step. I've submitted all the documentation requested so far and have an appraiser scheduled and am showing held in mind.

February 8

Darla Maddalone replied to Christine Donovan's discussion 'Short Sale Closed for Non-Compliance(?) - Is There a Way to Avoid Starting All Over?' in the group Bank of America Short Sales

Hi Christine, I have an update from my previous post. Seems we're in similar situations. I finally was able to speak with the negotiator and similar to your case, the sale was "cancelled" because the offer was too low. I found out the new FMV BofA w…

January 20

Darla Maddalone replied to Christine Donovan's discussion 'Short Sale Closed for Non-Compliance(?) - Is There a Way to Avoid Starting All Over?' in the group Bank of America Short Sales

Christine, I just had a BofA short sale "cancelled" because the Bank said the price was too low. BUT...they will not tell me what the property appraised for or what price BofA finds acceptable. Last summer they had no problem telling me what the app…

January 20

Wendy Rulnick replied to Christine Donovan's discussion 'Short Sale Closed for Non-Compliance(?) - Is There a Way to Avoid Starting All Over?' in the group Bank of America Short Sales

Christine - They did differentiate between "non-compliance" and "insufficient"? Truth is, some investors want appraised value! Send in a BPO. Call your local BOFA Branch Manager for an escalation if the buyer won't come up. Last option: wait a month…

January 14

Christine Donovan added a discussion to the group Bank of America Short Sales

Short Sale Closed for Non-Compliance(?) - Is There a Way to Avoid Starting All Over?

I have had a BofA short sale submitted since August. During that time, the values fell over $100,000. The appraisal came back $81,000 less than the offer, but the buyer felt the value was lower still. He was probably right. BofA says the investor w…

January 14

Christine Donovan joined Wendy Rulnick's group

Bank of America Short Sales

This group is for information, tips and solutions for Bank of America short sales.

January 14

Christine Donovan added a blog post

Why Do I Do Short Sales?

January 7

A video by Christine Donovan was featured

Successful Orange County Short Sale Seller

01:55

November 8, 2009

Bryant Tutas commented on Christine Donovan's video 'Successful Orange County Short Sale Seller'

Hi Christine., I love the videos. Thanks for sharing them

October 4, 2009

Christine Donovan added 3 videos

October 4, 2009

Profile Information

My Profile

I am a real estate broker and attorney, with a background in real estate financing in Orange County, California seeking to help troubled homeowners find the best solutions to a difficult situation. I work throughout Orange County, California with an emphasis in Newport Beach, California, Costa Mesa, California, and Huntington Beach, California .

Christine Donovan's Videos

Successful Orange County Short Sale Seller

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southern california successful short sale seller

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short sale seller rosa testimonial

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Christine Donovan's Blog

Why Do I Do Short Sales?

Why Do I Do Short Sales?

A few years ago, the discussions around real estate were two fold: either the bubble is going to burst or you better get in before you can't afford to buy.

In Orange County, California, our prices sky rocketed between 2001 and 2007, increasing in double digits for several years running. They always say that what goes up must come down, and so it was with the Orange County real estate market.

But, I don't think many would have believed how hard it could fall. The media… Continue

Posted on January 7, 2010 at 8:13pm —

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