Real Real Estate Blogs from Florida

How wonderful to work with such a great department and professional reps.  A big shout out to Cassandra Cole in the Specialized Loan Servicing Liquidation Department.  FIVE STAR service.  All the employees in working for this servicer are top notch.  All my calls result in answers.  My short sale...

Reposted from a very smart Realtor in Miami. 10.) You sent in multiple offers to the bank. Put yourself in the bank's shoes, what would you do if you got 3,4,5 or 6 offers on your property? That's right you would wait to see if you get more at higher prices. We all know short sale departments at...

For the past two weeks, more supervisors are reporting the new requirement for a cash contribution to close the investment short sale.  Not much to request for investment property if it means getting out of your current situation and moving on with your life.  I also see more note requirements to...

Wow, two great short sale files from this servicer.  Very professional experiance on both files.  I want to give praise on a very large Realtor platform.   Jeff Hunter, outstanding communication.   FIVE STAR SERVICE Abigail Doyle, quick reply and positive attitude.  FIVE STAR SERVICE Sometimes we...

I believe some mortgage insurance companies are starting to feel the crunch.  I was recently informed by three separate MI companies that sellers with investment properties will be asked to sign unsecured notes.  Notes range from 10% of outstanding principal balance to less than .08% based upon t...

At a turtles crawl Bank of America sorts through thousands of short sale offers.  Can the servicer find some urgency in processing these files?  I find myself growing increasingly immune to the lack of response from the short sale department.  One can only think of what a big mess Countrywide cre...