Short Sale Superstars

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

Pattilynn Guilford
  • Female
  • Tallahassee, FL
  • United States
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RBC Bank Short Sale Department - HELP!

89 pages!! Seriously? My apologies in advance, but that is way too many pages. Customer service peeps loathe scrolling so many pages through to find a doc, this is why they say they don't have a doc.…

Tagged: BANK, RBC

Replied Jan 24

Buyer to "contribute" towards paying off second lender, out of escrow

Every cent that the 2nd is getting has to be on the HUD and not after the closing. HELOCs are a strange animal and you must get your seller to understand that essentially its a line of credit, consum…

Tagged: payoff, junior, out, of, escrow

Replied Jan 16

Sovereign #'s

Main - ( 877) 768-2265 Asset Recovery - (800) 938-6600 Loss Mit - (888) 656-8101 Email SS Pkg to lostmiti@sovereign.com Fax SS Pkg to (800) 881-9334 Put on cover sheet "Short Sale Request" Sovereign…

Started Jan 7

CDPE

Yep - you did and thank you again. You rock :)

Tagged: expert, property, distressed, sale, short

Replied Dec. 13, 2009

 

Pattilynn Guilford's Page

Latest Activity

Phone 1-888-325-3502 Fax 817-852-2844 lastnamefirstinitial@saxonmsi.com Normal short sale package PLUS form 4056T request for tax returns
on Friday
Hi Carol - Chase Helocs are a bear. Make sure you submitted an perfect submission package. Everything goes into the 2nd drawer at Chase and you have to stand out. If need be, do another package and overnight it to the head of their loss mitigation d…
on Tuesday
Post your Short Sale Problem. One of our Short Sale Superstars may have a solution!
on Tuesday
March 9
Assisting with SunTrust Short sales
March 9
CMS (servicer) short sales.
March 9
February 26
Looking for a high level escalation name, email addy, phone or fax #. Took over a file for an agent. The file was declined through Equator because the buyer refused to provide his social and birthdate. I know that some agents are fraudulently puttin…
February 22
February 21
Hi Jasper! Did you go through Equator to get approved so quickly? If not, would you share the process you used? plguilford@msn.com
February 21
Equator will deny GMAC loans if the buyer does not provide last four of social and birthdate. Ridiculous! When you have a buyer putting $90K down on a $190K property, its plain dumb. Does anyone know anyone in the GMAC/Equator who I can escalate to…
February 21
A bank has the right to secure their collateral. An unoccupied property invites squatters, vandalism and generally no upkeeping of the property. So, they will go in and change locks, drain hot water heaters, etc. I have my sellers put a 3 x 5 card…
February 21
All about GMAC short sales.
February 15
3rd Party Authorization Fax numbers for Loss Mit Dept ( Loan Mods) 888-534-3190 and 800-881-9334 Attn: Loss Mit Dept. FYI only......
February 11
February 11
February 1

Profile Information

First Name
Pattilynn
Last Name
Guilford
State
FL and AL
City
Tallahassee and Dothan

Pattilynn Guilford's Blog

Pattilynn Guilford

What Can be done to make the Short Sale .....

Apologies in advance for answering both questions in this contest...but I just couldn't help it :)

Banks

1. The banks should keep a database of agents who are very good at submitting an excellent package.

2. When you submit a new package, they would refer to their database and see immediately that you know your stuff.

3. They should create a concierge group (like B of A - they did get that right, folks) and move your file up to top drawer status.

Agents:

1. Listing agents should know how t… Continue

Posted on January 7, 2010 at 6:45pm —

Pattilynn Guilford

Why I Want to do Short Sales

Hmmm....my reasons for doing short sales have changed over the last 2 years. In the beginning, I saw a world of hurt descending on people I knew. I wanted to help them from financial distress and save them from foreclosure.

I was also hopeful that moving inventory would cause builders to start building again, thereby creating jobs for construction workers, plumbers, electricians and the like and breathing life back into our economy.

Over the years and many successful short sale closings, I hav… Continue

Posted on January 7, 2010 at 6:34pm —

Comment Wall (2 comments)

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At 11:12am on November 24, 2009, Regenia Freeman-Harris said…
Thanks a million Pattilynn. I think that you are correct it definitely the Mortgage Insurance Dept. I have just one more question, how close are we to the finish line. I understand that Fannie Mae are considered Investor. Are they the final signature needed on the paper, in a sense. Does the final package come through them. I am soooooo sorry for bombarding you with so many questions. I just came across this wonderful site to get knowledgeable information.

Again thanks a million.
At 2:26pm on November 7, 2009, Anna Mackey SDHS said…
Dominique is here too :-)
 
 

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Discussion Forum

Angela Fox

Authorization from the Seller 1 Reply

Started by Angela Fox. Last reply by James Cook Feb 26.

 

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