Comments on: How to Get a Short Sale Bank to Pay all Your Closing Costs! http://preforeclosuredailygrind.com/2009/07/how-to-get-a-short-sale-bank-to-pay-all-your-closing-costs/ from the offices of North Shore Enterprises Wed, 28 Dec 2011 20:36:56 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Lynne Johnson http://preforeclosuredailygrind.com/2009/07/how-to-get-a-short-sale-bank-to-pay-all-your-closing-costs/comment-page-1/#comment-175 Lynne Johnson Mon, 17 Aug 2009 22:00:32 +0000 http://preforeclosuredailygrind.com/?p=276#comment-175 Thanks for the heads up. As of yet, I do not have a B of A to deal with. Bob, you crack me up. Thanks for the heads up. As of yet, I do not have a B of A to deal with. Bob, you crack me up.

]]> By: Bob Lachance http://preforeclosuredailygrind.com/2009/07/how-to-get-a-short-sale-bank-to-pay-all-your-closing-costs/comment-page-1/#comment-171 Bob Lachance Fri, 14 Aug 2009 15:54:07 +0000 http://preforeclosuredailygrind.com/?p=276#comment-171 Who are you calling to get updates? Unfortunately, the treatment that you are getting is standard for them. With B of A it you just need to put your hard helmet on and keep hounding them! Who are you calling to get updates? Unfortunately, the treatment that you are getting is standard for them. With B of A it you just need to put your hard helmet on and keep hounding them!

]]> By: Patsy W Josep http://preforeclosuredailygrind.com/2009/07/how-to-get-a-short-sale-bank-to-pay-all-your-closing-costs/comment-page-1/#comment-170 Patsy W Josep Fri, 14 Aug 2009 01:12:46 +0000 http://preforeclosuredailygrind.com/?p=276#comment-170 I have BofA! I have been working on a SS w/them since the 1st of January 09. They have a contract 3k from the BPO and I can'tthem to work me. There is NO communication. I live in Charlotte, NC & I am about to go protest in front of the Corp tower here! I went as to hire a professional company to handle this file. It has NOT gotten any better. What do I do. Loss Mit told me that I would have to submit another package. I have BofA! I have been working on a SS w/them since the 1st of January 09. They have a contract 3k from the BPO and I can’tthem to work me. There is NO communication. I live in Charlotte, NC & I am about to go protest in front of the Corp tower here! I went as to hire a professional company to handle this file. It has NOT gotten any better. What do I do. Loss Mit told me that I would have to submit another package.

]]> By: Ben Benita http://preforeclosuredailygrind.com/2009/07/how-to-get-a-short-sale-bank-to-pay-all-your-closing-costs/comment-page-1/#comment-161 Ben Benita Wed, 05 Aug 2009 22:53:49 +0000 http://preforeclosuredailygrind.com/?p=276#comment-161 Another trick, for TOTAL closing costs, try NOT breaking things down and specifying what each cost is. On the HUD total, inclusive of agent commission, just put in total closing costs at 12% - 14% of the contract price. We have used this on our HUD's successfully with Bank of America and others (again, it avoids the "We will not pay _________ " nonsense you speak of). Love your stuff. Glad to compare notes anytime. Sincerely, Ben Benita BBenita@Comcast.net Another trick, for TOTAL closing costs, try NOT breaking things down and specifying what each cost is. On the HUD total, inclusive of agent commission, just put in total closing costs at 12% – 14% of the contract price. We have used this on our HUD’s successfully with Bank of America and others (again, it avoids the “We will not pay _________ ” nonsense you speak of).
Love your stuff. Glad to compare notes anytime.
Sincerely,
Ben Benita
BBenita@Comcast.net

]]> By: BB http://preforeclosuredailygrind.com/2009/07/how-to-get-a-short-sale-bank-to-pay-all-your-closing-costs/comment-page-1/#comment-160 BB Mon, 03 Aug 2009 17:10:34 +0000 http://preforeclosuredailygrind.com/?p=276#comment-160 You guys are so funny when you are angry! I could not stop laughing through the whole video. Too true, but I think it is the Congress who are the real idiots. You guys are so funny when you are angry! I could not stop laughing through the whole video. Too true, but I think it is the Congress who are the real idiots.

]]> By: Len http://preforeclosuredailygrind.com/2009/07/how-to-get-a-short-sale-bank-to-pay-all-your-closing-costs/comment-page-1/#comment-159 Len Mon, 03 Aug 2009 16:22:57 +0000 http://preforeclosuredailygrind.com/?p=276#comment-159 Bob & Chris, I have been watching your videos for a while now. It seems like you guys do EXACTLY what I do in many cases. I always pad the HUD with the HOA/tax costs. The funny thing about this is that the negotiators truly think that they won't pay a necessary fee such as the recording fee. I even had one negotiator try and tell me that they do their own recording! LMAO!! I couldn't stop laughing. We all know that it's done at the recorder's office. Just plain stupidity... Len Bob & Chris,
I have been watching your videos for a while now. It seems like you guys do EXACTLY what I do in many cases. I always pad the HUD with the HOA/tax costs. The funny thing about this is that the negotiators truly think that they won’t pay a necessary fee such as the recording fee. I even had one negotiator try and tell me that they do their own recording! LMAO!! I couldn’t stop laughing. We all know that it’s done at the recorder’s office. Just plain stupidity…

Len

]]> By: Ben Roembke http://preforeclosuredailygrind.com/2009/07/how-to-get-a-short-sale-bank-to-pay-all-your-closing-costs/comment-page-1/#comment-158 Ben Roembke Sat, 01 Aug 2009 17:52:38 +0000 http://preforeclosuredailygrind.com/?p=276#comment-158 Pat and Bob, I have used this strategy many times. I usually bump the property taxes and water hold up quite a bit. The initial hud gets approved and the lender is quite happy when they get 500-1000 dollars more at closing. Thanks for the tip! Ben Pat and Bob,

I have used this strategy many times. I usually bump the property taxes and water hold up quite a bit. The initial hud gets approved and the lender is quite happy when they get 500-1000 dollars more at closing. Thanks for the tip!

Ben

]]>