Short Sale Superstars

Providing you with the knowledge and tools needed to succeed with Short Sales.

Elizabeth Weintraub
  • Female
  • Sacramento, CA
  • United States
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Latest Activity

The third party payment is for short sales. If you submit a short sale package on behalf of a client to Indy Mac/One West for example, I know they will have a third party they use for negotiations contact you. In their response, this third party wi…
March 13
Homeowner payments - -I know owners MUST first "qualify" for the HAMP program before being eligible for HAFA. I was on the big conference call for this about a month ago and, as part of HAFA, the home MUST be listed for AT LEAST 120 days, during whi…
March 13
You also said: Organizations -- I know Indy Mac and others now have 3rd parties they contract their short sales out to.....thus far from what we have experienced, it is HORRIBLE. Many of these REQUIRE the Seller or Buyer to pay them 1% or more at c…
March 13
Could you explain how HAFA makes sellers send in cash? I don't remember reading about that but don't claim expertise on this program. Just the basics.
March 13
Designated agent -- I am not an agent and not certain how to become one. I do know Wells has many portfolio loans, where THIER money is actually at risk....they are launching their own program in an effort to cut their owns losses. HAFA -- that is…
March 13
We've gotten emails from several "organizations" claiming that they are being contracted with to refer these potential short sale out. One of the most recent was from www.foreclosure.com. Of course, you have to join their network and get their certi…
March 13
So how do you become a designated agent? Whom do you contact?
March 13
So, Ben, is this the Wells Fargo response to HAFA as opposed to HAFA telling Wells Fargo to do this? I would think the former as HAFA only requires the property be listed by an agent, not how that agent is to be found/appointed. And as mentioned, th…
March 13
It is part of the new HAFA program coming out for Wells Fargo, they will be designating agents in larger cities to meet with homeowners that are 30 days late on payments......GREAT way to get listings!!!!!
March 9
A short sale never stops being a regular Real estate transaction (with the exception of the blessing of the bank to accept less). The most the banks can do is give leads to specific organizations (Titanium) to have them follow up on delinquent mortg…
March 2
I'm closing 3 Chase short sales right now without any seller contribution whatsoever. Two of those started out as WaMu.
February 22
Chase Bank closing shortsales in 3 weeks?! Hmmm...that sounds too good to be true....
February 18
February 17
February 17
Oh, I dunno, Dawn, can they get any worse than they already are?
February 14
This will make it interesting...hmmm. Short sales as REOs...can you spell DISASTER?
February 14

Profile Information

First Name
Elizabeth
Last Name
Weintraub
State
CA
City
Sacramento, East Sacramento, Land Park, Midtown, Elk Grove, Natomas
My Profile
Author of The Short Sale Savior, published in June 2009. Broker-Associate at Lyon Real Estate in Sacramento. Home Buying Columnist at About.com. 30+ years of experience in real estate. Sacramento Short Sale Agent.

I also was not born in 1900, somedays it just feels like it.

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At 8:52pm on February 17, 2010, Elizabeth Weintraub said…
Blame Broker Bryant and Wendy Rulnick because they dragged me over here. :)
At 8:18pm on February 17, 2010, Rosemary Brooks said…
Hi Elizabeth, glad to see you here. I had left a comment for you a while ago telling you about this site. Its great!
 
 

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