Short Sale Superstars

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

Mori Langshaw Sr
  • Fort Washington, MD
  • United States
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What to do when 1st will only allow X and 2nd demands Y?

Gosh. Going back to this, I WISH the 1st says that. I have had 1st's say, "if the buyer is willing to pay cash to the 2nd, WE WANT THAT MONEY!" And I was stuck.

Replied Jan 12

What to do when 1st will only allow X and 2nd demands Y?

I have seen this, coincidentally, with my Investor clients. We just had the Investor agree put the "difference" on the buyer side of the HUD and it was fine. Not sure how if someone is paying "market…

Replied Sep. 6, 2009

What is with rentbacks?

And whats even worse is that you are in the middle of it. It is so easy to "sue" (make a claim against you) because you are "deemed" more knowledgeable (Im assuming you are a licensed agent in the st…

Tagged: rentbacks, sale, short

Replied Sep. 6, 2009

 

Mori Langshaw Sr's Page

Latest Activity

For strategies that are working to get your deals to the table and closed. Since we all don't have a Nestor :-), what are the best ways to get your deal done and closed if you have just one mortgage, two or three mortgages or any other liens.
7 hours ago
Matha, there requirements are 60-90 days from the date it was assigned. 9 times out of 10 it will go a LITTLE faster than that. Lizette, there is a thread with a Fannie Mae email. Sorry I cant remember where it is on this site but they had much suc…
March 4
LOL @ "short sale attorney". An experienced Realtor is FAR better than any short sale attorney based on pure knowledge. Disclaimer: Consult your attorney for any legal matters or tax advisor for tax questions. Anyway, it is VERY possible that the ne…
March 1
I didnt know there was a "program" but "job relocation" qualifies as a hardship with most banks. You never know with BofA.
March 1
Never seen this before. Did both companies tell you their positions? If so, only deal with the 2nd, just get an updated payoff for the 1st.
March 1
Loss Mitigation Phone- 1800.968.7700 ext #9780 Fax Authorizations/Packages: 1866.234.9845
February 26
For strategies that are working to get your deals to the table and closed. Since we all don't have a Nestor :-), what are the best ways to get your deal done and closed if you have just one mortgage, two or three mortgages or any other liens.
February 26
Only send 1 offer start low and build up. Never let the bank know a buyer walked unless you have a replacement offer.
February 25
Thanks, Mori. Do they take $3000 as junior lien or wheel and deal?
February 23
WOW. Im reading about agents experiences here with Flagstar and I must say I have NOT experienced this. I have had 3 experiences with flagstar, 1 they were the first and 2 they were 2nds. when they were the first we had an approval in 5 weeks. (my…
February 23
How quick is Flagstar when it is a junior lien? I have one I need approved in about two weeks! Also, what do they ask for on the junior usually? THANKS
February 23
Beryl: What about the "silent PMI insurers"? You know the ones that aren't regulated so you have no idea that they exist until it comes down to the wire...i.e. - investor paid, servicer paid and pooled. All these can elect to deny the SS because the…
February 23
What is your email Ed?
February 23
I closed a 1st with BOA and a 2nd with AIG today.....BOA requested I get a release of $5000 from AIG on the 2nd in writing, after months, AIG issued the $5000 realease. BOA then approved the short with a $3000.00 pay off to AIG on the 2nd, needless…
February 23
I have an option that you may not have tried......email me......
February 23
For strategies that are working to get your deals to the table and closed. Since we all don't have a Nestor :-), what are the best ways to get your deal done and closed if you have just one mortgage, two or three mortgages or any other liens.
February 22

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At 4:49pm on January 11, 2010, Dawn Barrier CSP®,HRC said…
Hi Mori,

You might want to read thru my blogs and stuff about Titanium, I also have some info on AR that might interest you
 
 

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Discussion Forum

Travis Bryant

Has anyone had issues with PMI?

Started by Travis Bryant 14 hours ago.

Amy Cole

FHA allowing buyer contributions to the 2nd?

Started by Amy Cole 16 hours ago.

Jerry White

BoA countered on our offer..need help! 3 Replies

Started by Jerry White. Last reply by Ben Benita 1 day ago.

Vicki

Contract 2 Replies

Started by Vicki. Last reply by Eric M. Boyd Mar 8.

Vicki

Short Sale Process from Start to Finish PLEASE! 10 Replies

Started by Vicki. Last reply by Eric M. Boyd Mar 8.

Christy Haddock

To allow or not to allow a tenant to stay during listing? 7 Replies

Started by Christy Haddock. Last reply by James Lockard 12 hours ago.

Jim Stewart

Victoria 4 Replies

Started by Jim Stewart. Last reply by Katerina Gasset Mar 5.

Sharon Alters

Help with SLS - Specialized Loan Services 1 Reply

Started by Sharon Alters. Last reply by Kent Dills Mar 2.

Mary Wilcox

need help quick please 4 Replies

Started by Mary Wilcox. Last reply by Teresa Turner Mar 1.

 

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