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Sam Purtle's Groups

Wells Fargo Short Sales

185 members
Short Sale Humor

43 members

Help Me!

172 members
Hud-1

29 members

GMAC

69 members

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Sam Purtle's Discussions

Nationpoint & First Franklin

Mary In all my years I have never seen where a 1st has a 40K lien and and 2nd has $159K. Are you sure? there might be an subordination filed. Liens are superior by recording date and time. I would d…

Tagged: short, sale, balloon, ARM, Franklin

Replied Mar 2

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Sam Purtle's Page

Latest Activity

Sam Purtle replied to Mary Wilcox's discussion 'Nationpoint & First Franklin'

Mary In all my years I have never seen where a 1st has a 40K lien and and 2nd has $159K. Are you sure? there might be an subordination filed. Liens are superior by date and I would definately check with the title company. An 80/20 loan indicates an…

March 1

Sam Purtle replied to Elaine Kan's discussion 'Being able to send messages to SVP and VP thru equator?' in the group Equator

I did not realize that the LPS Agency Sales & Posting website at www.fidelityasap.com had info on the sales. I always use BofA's site at http://www.recontrust.com/index.aspx Thanks for the info

March 1

Sam Purtle replied to Elaine Kan's discussion 'Being able to send messages to SVP and VP thru equator?' in the group Equator

Yikes - never like when they want a promissory note. :(

March 1

Sam Purtle replied to Elaine Kan's discussion 'Being able to send messages to SVP and VP thru equator?' in the group Equator

My experience with BofA is that they want you to call in two to three days before the sale and request postponement to the sale date. Glad to hear you were able to get the sale postponed. I for one would not have thought it was cause for alarm (pani…

March 1

Sam Purtle replied to Melissa Polce's discussion 'My Email Quest For Agents To Ban Together on BofA Short Sales' in the group Bank of America Short Sales

Has everyone seen this article? Bank of America Home Loans names Matt Vernon short sale and REO executive Matt Vernon, a 15-year veteran of the financial industry, has been named short sale and real estate-owned (REO) executive for Bank of America…

February 25

Sam Purtle replied to Yvonne McFadden's discussion 'How do you change your sign in after changing your email address' in the group Equator (formerly REOTrans)

Yvonne Changing information such as email address, company name, phone numbers, etc is performed in the manage Information tab > Edit account information. It allows the user to change all of the pertinent information regarding the account. Hope…

February 22

Sam Purtle replied to Wendy Rulnick's discussion 'Reason for Rejection: Other' in the group Equator (formerly REOTrans)

Emily - The seller is calling BofA to answer a few questions and provide their email address to BofA. This allows the seller to stay up to date with the short sale process. The short sale superstars discussion board for Equator provides a lot of in…

February 11

Sam Purtle replied to John Treadwell's discussion 'Reno Short sale' in the group Negotiation Strategies

John Did you try to escalate this to the negotiators supervisor at US Bank? I for one would fight this one.... US Bank already accepted $5000 months earlier? Crazy.

January 26

Sam Purtle commented on Wendy Rulnick's group 'Wells Fargo Short Sales'

Kris - it is always great to have all the loans with Wells Fargo. Your scenario is all too familiar. 1st thing is that the primary lender determines the amount they will allow to the junior lien holders. It would appear that perhaps you do not need…

January 26

Sam Purtle joined Wendy Rulnick's group

Wells Fargo Short Sales

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

January 26

Sam Purtle joined Wendy Rulnick's group

Short Sale Humor

Come on, we can laugh about Short Sales sometimes!

January 26

Sam Purtle replied to Mitchell Gilbert's discussion 'Need Advice - Initial Paperwork Questions – For an IndyMac SS:' in the group Help Me!

Mitchell I have to disagree with Maria on this. There are both illegal and legal flipping that goes on across the country everyday. I believe that if the lender has been provided full disclosure and they agree to the short sale, then there is not a…

January 26

Sam Purtle replied to Maria Evans's discussion 'BANK OF AMERICA / EQUATOR' in the group Help Me!

Maria There is a wealth of information available on the Equator (formerly REOTRANS) discussion board. http://www.shortsalesuperstars.com/group/reotrans It appears that we are all having some difficulty getting used to the equator website. I for on…

January 26

Sam Purtle joined Wendy Rulnick's group

Help Me!

Post your Short Sale Problem. One of our Short Sale Superstars may have a solution!

January 26

Sam Purtle replied to Jeff Payne's discussion 'Fannie Mae escalation' in the group Bank of America Short Sales

Wow - I am impressed with the wealth of information being shared on this website. I could have used these email addresses weeks ago :). Thanks Kent and Jeff.

January 24

Sam Purtle replied to Neil Leavitt's discussion 'New HUD-1 Requirements as of 2010' in the group Hud-1

Neil Where did you get the HUD-1 you uploaded? Website? Thanks Sam

January 24

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Sam

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Purtle

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Oregon

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Portland

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