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Darla Maddalone Female Bend, OR United States: Share; Share on Twitter; Share on Facebook

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Short Sale Referrals

198 members
Bank of America Short Sa…

343 members

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Darla Maddalone's Discussions

On Ounce of Prevention....May Save Your Sellers Some $$$$

As a new member of Short Sale Superstars and just reading your post...what will banks think of/or do next? This is excellent information. Thank you Sally and David

Replied Dec. 31, 2009

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Darla Maddalone's Page

Latest Activity

Darla Maddalone replied to Edward Codelia's discussion 'BANK OF AMERICA & FEES' in the group Bank of America Short Sales

Katerina, Yes, that's correct the bank isn't a party to the contract However, when I read Edward's question and he said "required" I take that to mean required by law or statute in Hawaii, not a clause in the PA. If Hawaii by law requires the Seller…

March 4

Darla Maddalone replied to Edward Codelia's discussion 'BANK OF AMERICA & FEES' in the group Bank of America Short Sales

Hi Edward, I would take it one step further...if the fee are REQUIRED, I would provide that documentation and get it to the BofA negotiator. Good luck on your sale.

March 4

Darla Maddalone joined Wendy Rulnick's group

Short Sale Referrals

Post your referral needs here! Join this group to be automatically notified of new referrals for listings or buyers!

March 1

Darla Maddalone replied to Joseph D. C.'s discussion 'Does it mean anything if B OF A is asking for the Sellers for Income and Bank Statements?' in the group Bank of America Short Sales

It may be helpful to go the the "home page" of this (BofA) discussion group and download the Seller required documentation for BofA short sale. The process will move faster if everything gets submitted ASAP...don't leave anything out - it just gives…

March 1

Darla Maddalone commented on Wendy Rulnick's group 'Bank of America Short Sales'

Yes, that seems to be a common BofA occurrance. What I did was fax back to BofA 2 items: (1) a copy of their lletter acknowledging their receipt of the authorization letter and (2) a copy of the original authorization signed by the Seller with a no…

February 24

Darla Maddalone commented on Wendy Rulnick's group 'Bank of America Short Sales'

This should be one of the "easy" ones (if there is such a thing). FNMA, only 1 loan, no MI.

January 22

Darla Maddalone commented on Wendy Rulnick's group 'Bank of America Short Sales'

Kent...yes, I am going to have to go up the ladder a bit to figure this one out. Makoto...thank you for the link. I went there and put in the address. No wonder they're so far off! Cyberhomes.com gives a value of $176,682 (and a range of $159,013-$…

January 22

Darla Maddalone commented on Wendy Rulnick's group 'Bank of America Short Sales'

Bank of America and FMV - Does anyone know how BofA actually calculates or defines FMV? Our negotiator is giving me a "FMV that the bank wants" but it is not close to what the current "market value" of the property is in this market. An appraisal wa…

January 22

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

Darla Maddalone 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 16

Darla Maddalone just added their location.

(via Member Map)

January 6

Darla Maddalone replied to Sally K. & David L. Hanson's discussion 'On Ounce of Prevention....May Save Your Sellers Some $$$$'

As a new member of Short Sale Superstars and just reading your post...what will banks think of/or do next? This is excellent information. Thank you Sally and David

December 31, 2009

Darla Maddalone is now a member of Short Sale Superstars

Welcome Them!

December 30, 2009

Profile Information

First Name

Darla

Last Name

Maddalone

State

Oregon

City

Bend

My Profile

Principal Broker/Owner of Bend Oregon Homes Online, LLC. My 30 years of real estate experience spans: real estate appraisal, new construction and site sales, relocation, distressed sales and property management. The Bend, OR area has experienced an extremely active foreclosure/short sale market - having been ranked #1 in the country for property appreciation and then holding the distinction as #1 rank for property depreciation...ouch! It's been a wild ride.

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