Comments on: How To Get A Foreclosing Lender To Change Their Short Sale Acceptance Letter! http://preforeclosuredailygrind.com/2010/05/how-to-get-a-foreclosing-lender-to-change-their-short-sale-acceptance-letter/ from the offices of North Shore Enterprises Wed, 28 Dec 2011 20:36:56 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Ross Kilburn http://preforeclosuredailygrind.com/2010/05/how-to-get-a-foreclosing-lender-to-change-their-short-sale-acceptance-letter/comment-page-1/#comment-457 Ross Kilburn Thu, 06 May 2010 00:14:05 +0000 http://preforeclosuredailygrind.com/?p=526#comment-457 Hey Chris and Bob, In case you want to share this with your students ~ our last 58 short sale approval letters are posted here: http://seattleshortsales.com/approvals.htm I post lender name, lien position, how long it took, and total discount. I black out all the confidential info, but you can review them for how they break down their closing costs, what kind of promissory notes they are asking for, and their deficiency language. Side note - we still have sellers complaining about the deficiency language in the 1st position Bank of America approval letters. Today we got an email from a equator negotiator telling us that while they couldn't remove the deficiency language, that we can tell the seller that they will be getting a 1099 at the end of the year. That is pretty significant. This particular seller was going to let the house go to foreclosure if they couldn't address the deficiency issue. Hopefully we can get a promise like that in writing from every B of A negotiator. Keep up the great work! Ross Kilburn Seattle Short Sales, Inc. Hey Chris and Bob,

In case you want to share this with your students ~ our last 58 short sale approval letters are posted here: http://seattleshortsales.com/approvals.htm

I post lender name, lien position, how long it took, and total discount. I black out all the confidential info, but you can review them for how they break down their closing costs, what kind of promissory notes they are asking for, and their deficiency language.

Side note – we still have sellers complaining about the deficiency language in the 1st position Bank of America approval letters. Today we got an email from a equator negotiator telling us that while they couldn’t remove the deficiency language, that we can tell the seller that they will be getting a 1099 at the end of the year. That is pretty significant. This particular seller was going to let the house go to foreclosure if they couldn’t address the deficiency issue. Hopefully we can get a promise like that in writing from every B of A negotiator.

Keep up the great work!

Ross Kilburn
Seattle Short Sales, Inc.

]]> By: Sharon http://preforeclosuredailygrind.com/2010/05/how-to-get-a-foreclosing-lender-to-change-their-short-sale-acceptance-letter/comment-page-1/#comment-456 Sharon Thu, 06 May 2010 00:07:09 +0000 http://preforeclosuredailygrind.com/?p=526#comment-456 Bob & Chris, I love that your phone rings during the videos sometimes. I have been trying to make some videos lately and can not get the phone to stop long enough to even get off a 3 minute spot... Keep up the great work and information sharing. It let's me know that I am on track with our business. Recently we had to "educate" our title company about the inclusion of an $8000 contribution to the PMI company that was being paid for the seller by the buyer...it is always something...and we have worked with this title company for going on 6 years. Bob & Chris,

I love that your phone rings during the videos sometimes. I have been trying to make some videos lately and can not get the phone to stop long enough to even get off a 3 minute spot…

Keep up the great work and information sharing. It let’s me know that I am on track with our business.

Recently we had to “educate” our title company about the inclusion of an $8000 contribution to the PMI company that was being paid for the seller by the buyer…it is always something…and we have worked with this title company for going on 6 years.

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