Short Sale Superstars

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

Teresa Turner
  • Female
  • Tallahassee, FL
  • United States
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So who's loving this site?

Thank you Patti Guilford for telling me about this site! I LOVE IT! Finally, a place to get some answers when you hit the wall.

Replied Nov. 22, 2009

 

Teresa Turner's Page

Latest Activity

Teresa Turner replied to Christy Haddock's discussion 'To allow or not to allow a tenant to stay during listing?' in the group Help Me!
Based on my experiences, it is rare that a tenant will move forward and buy the house. Tenants are almost always a problem in showing the house. There's usually nothing in it for them but hassle and inconvenience. I would try to determine right up f…
March 7
Teresa Turner commented on Bryant Tutas's group 'SunTrust Mortgage'
I have a SunTrust short sale that is a jumbo loan in the foreclosure process. How do I find out who the investor is on this loan?
March 7
Teresa Turner commented on Bryant Tutas's group 'SunTrust Mortgage'
Has SunTrust given you a proposal yet? I helped work out a SunTrust HELOC a few months ago and the negotiator worked out a reduced amount over 20 years at 3%
March 4
Teresa Turner replied to Diane and Doug Briggs's discussion 'B of A Deficiency Judgment Statement' in the group Bank of America Short Sales
Yes, I had a BOA Short Sale over the Summer with the same language and BOA won't remove it. The Sellers closed and decided they would deal with it when it came up from BOA. So far BOA has not contacted them about the deficiency.
March 4
Teresa Turner commented on Wendy Rulnick's group 'Florida Short Sales'
Please interpret this... Here's what they sent me from the Bureau of Finance Regulation dated 12/8/09: Loan Modifications: Short Sales Does a company that facilitates short sale transactions for borrowers need to be licensed? Answer: Effective J…
March 3
Teresa Turner commented on Wendy Rulnick's group 'Florida Short Sales'
Someone called me today and said there is a new law that Realtors can't negotiate short sales any longer in Florida and that you had to be an Attorney, or a Mortgage Broker, or a Licensed Mitigation Company. Does anyone know what this is about??
March 3
Teresa Turner 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's all part of the process - current bank statements and pay stubs and if they get old - even more current bank statements and pay stubs.
March 1
Teresa Turner replied to CPort's discussion 'This doesn't make any sense to me.. Please Help' in the group Bank of America Short Sales
I don't know how far apart your offer is from what the BPO came in at, but BOA does have a range in which it will accept an offer. I would need more information on this to see how far apart you are. Unfortunately, as far as the time frame goes, shor…
March 1
Teresa Turner replied to Mary Wilcox's discussion 'need help quick please' in the group Help Me!
Sorry - meant if they are in default on the 1st as well to be sure to get a payoff letter because you don't want any surprises with paying off the 2nd and them not netting what they thought they were going to net
March 1
Teresa Turner replied to Mary Wilcox's discussion 'need help quick please' in the group Help Me!
This is not unusual. I have had a couple of short sales like this where there is a small 1st and a much larger 2nd. Remember HELOCS were very popular and everyone was getting one a few years ago. You just have to negotiate on the 2nd and know that t…
March 1
Teresa Turner joined Bryant Tutas's group
Equator (formerly REOTrans)
Here's a group for us to share info about muddling through Equator (formerly REOTrans) system.
February 24
Teresa Turner replied to Dawn Maloney's discussion 'URGENT Occupancy Questions...' in the group Help Me!
I had an FHA Short Sale with SunTrust where the owners had vacated their home to relocate for a new job and it was approved. I know it is one of FHA's rules, but it's probably a case by case decision by the lender. If there's a good explanation, you…
February 21
Teresa Turner joined Bryant Tutas's group
SunTrust Mortgage
Assisting with SunTrust Short sales
February 14
Teresa Turner joined Wendy Rulnick's group
BB&T Short Sales
Share you BB&T facts, hints and stories.
February 14
Teresa Turner commented on Mori Langshaw Sr's group 'Flagstar Bank'
There was a deficiency but it was reduced and Flagstar took a note and customized the payments so the seller could pay it each month.
February 8
Teresa Turner replied to Elizabeth Monje's discussion 'Can you do a Short Sale if a property has been forclosed on?' in the group Bank of America Short Sales
Never heard of this, but then again it's like the "wild wild west" out there today! Keep us posted.
February 8

Profile Information

First Name
Teresa
Last Name
Turner
State
Florida
City
Tallahassee

Comment Wall (1 comment)

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At 9:20pm on November 19, 2009, Pattilynn Guilford said…
Welcome! Fab photo, btw.
Hey, send the link so I can review the file. Will update you tomorrow afternoon. Talk soon.
 
 

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