Comments on: The Biggest Advantage to Having Your Own Loss Mitigation Company http://fridaycoffeebreak.com/topics/real-estate/the-biggest-advantage-to-having-your-own-loss-mitigation-company/ Weekly Preforeclosure Updates from Patrick Precourt Tue, 08 Nov 2011 16:01:16 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Brian Meara http://fridaycoffeebreak.com/topics/real-estate/the-biggest-advantage-to-having-your-own-loss-mitigation-company/comment-page-1/#comment-1057 Brian Meara Thu, 17 Feb 2011 13:53:42 +0000 http://fridaycoffeebreak.com/?p=453#comment-1057 Where are you man? Looks like you disappeared! Where are you man? Looks like you disappeared!

]]> By: Jonathan http://fridaycoffeebreak.com/topics/real-estate/the-biggest-advantage-to-having-your-own-loss-mitigation-company/comment-page-1/#comment-273 Jonathan Wed, 20 Jan 2010 20:59:22 +0000 http://fridaycoffeebreak.com/?p=453#comment-273 Hi Pat, Comment/question on the condition of the seller, if the seller has assets, the bank will likely come after the assets up to the amount of the judgement in the shortsale. Is this true? The hardship letter would not have much of an affect in this situation, correct? So if the person inquiring about a SS can make payments, should he continue or should he stop payments and let the property go either in a shortsale or to foreclosure? Hi Pat,
Comment/question on the condition of the seller, if the seller has assets, the bank will likely come after the assets up to the amount of the judgement in the shortsale. Is this true?
The hardship letter would not have much of an affect in this situation, correct?
So if the person inquiring about a SS can make payments, should he continue or should he stop payments and let the property go either in a shortsale or to foreclosure?

]]> By: matt http://fridaycoffeebreak.com/topics/real-estate/the-biggest-advantage-to-having-your-own-loss-mitigation-company/comment-page-1/#comment-272 matt Wed, 20 Jan 2010 17:45:40 +0000 http://fridaycoffeebreak.com/?p=453#comment-272 Hi Pat, A while back, you were on a call with Jason Medley, during which you shared your method for getting an FHA buyer deal closed within 1-15 days after you signed the B/C contract. I believe you did some upfront work with their lender and possibly had the buyer sign a letter of intent. This all went buy pretty fast and I was unable to catch all that you were doing. Now that FHA has waived the 90 day rule, would you be open to sharing what you do to get the FHA loan origination and closing process expedited? Thanks, Matt Hi Pat,

A while back, you were on a call with Jason Medley, during which you shared your method for getting an FHA buyer deal closed within 1-15 days after you signed the B/C contract. I believe you did some upfront work with their lender and possibly had the buyer sign a letter of intent. This all went buy pretty fast and I was unable to catch all that you were doing. Now that FHA has waived the 90 day rule, would you be open to sharing what you do to get the FHA loan origination and closing process expedited?

Thanks, Matt

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