Comments on: Must Read! Don’t Ever Forget Why We Are the Best Country in the World and Why You’re Are Still Free! http://fridaycoffeebreak.com/topics/real-estate/must-read-dont-ever-forget-why-we-are-the-best-country-in-the-world-and-why-youre-are-still-free/ Weekly Preforeclosure Updates from Patrick Precourt Tue, 08 Nov 2011 16:01:16 +0000 hourly 1 http://wordpress.org/?v=3.3 By: J. Lynn http://fridaycoffeebreak.com/topics/real-estate/must-read-dont-ever-forget-why-we-are-the-best-country-in-the-world-and-why-youre-are-still-free/comment-page-1/#comment-399 J. Lynn Tue, 06 Jul 2010 15:14:17 +0000 http://fridaycoffeebreak.com/?p=582#comment-399 Hi Pat, I meet you by the pool tables (in the hotel) the last night of the Freedom Soft event in San Diego and I have to say I love that you're 'the real deal.' No Guru fluff here. Thank you for that! And thank you for pointing out that it is our FREEDOM & INDEPENDENCE that makes this nation so great! Not socialism!! As an Army veteran, I love seeing/meeting people that get the big picture. That you for your awesome trainings! See you at an upcoming event! Happy Fourth of July! Hi Pat,

I meet you by the pool tables (in the hotel) the last night of the Freedom Soft event in San Diego and I have to say I love that you’re ‘the real deal.’ No Guru fluff here. Thank you for that!

And thank you for pointing out that it is our FREEDOM & INDEPENDENCE that makes this nation so great! Not socialism!! As an Army veteran, I love seeing/meeting people that get the big picture.

That you for your awesome trainings! See you at an upcoming event!

Happy Fourth of July!

]]> By: Elizabeth Fox http://fridaycoffeebreak.com/topics/real-estate/must-read-dont-ever-forget-why-we-are-the-best-country-in-the-world-and-why-youre-are-still-free/comment-page-1/#comment-394 Elizabeth Fox Sat, 03 Jul 2010 12:56:12 +0000 http://fridaycoffeebreak.com/?p=582#comment-394 Just wanted to let everyone know what just happened on a BoA short sale negotiation. BoA told us from day one that they could not/would not request a postponement of the foreclsoure sale date until 2 days before the actual date. They foreclosed on Friday July 2 after having declined our foreclosure postponement on June 25 saying the "investor declined". On the 29th we had an accepted counter offer from the bank, they submitted another foreclosure postponement on the 30th and then the property foreclosed and reverted back to the bank. When the seller called in trying to find out why they did this she was told that the investor (FNMA) required a 5 day prior to foreclosure request to postpone and BoA required a 2 day so the request was sent in too late to stop the foreclosure sale. Now this makes no sense as we did request it were declined on the 25th, a full week prior. All BoA could say is that the investor's time requirements were different than BoA's. Just wanted to let everyone know what just happened on a BoA short sale negotiation.

BoA told us from day one that they could not/would not request a postponement of the foreclsoure sale date until 2 days before the actual date.

They foreclosed on Friday July 2 after having declined our foreclosure postponement on June 25 saying the “investor declined”. On the 29th we had an accepted counter offer from the bank, they submitted another foreclosure postponement on the 30th and then the property foreclosed and reverted back to the bank.

When the seller called in trying to find out why they did this she was told that the investor (FNMA) required a 5 day prior to foreclosure request to postpone and BoA required a 2 day so the request was sent in too late to stop the foreclosure sale.

Now this makes no sense as we did request it were declined on the 25th, a full week prior. All BoA could say is that the investor’s time requirements were different than BoA’s.

]]> By: JT Channing http://fridaycoffeebreak.com/topics/real-estate/must-read-dont-ever-forget-why-we-are-the-best-country-in-the-world-and-why-youre-are-still-free/comment-page-1/#comment-392 JT Channing Sat, 03 Jul 2010 00:35:35 +0000 http://fridaycoffeebreak.com/?p=582#comment-392 When you withdrew your offer on the lender that would not take less than the BPO, did you use the same entity when you resubmitted your offer? How long do you wait before you resubmit the offer? Thanks. When you withdrew your offer on the lender that would not take less than the BPO, did you use the same entity when you resubmitted your offer?
How long do you wait before you resubmit the offer?
Thanks.

]]> By: Winston Ct Realtor http://fridaycoffeebreak.com/topics/real-estate/must-read-dont-ever-forget-why-we-are-the-best-country-in-the-world-and-why-youre-are-still-free/comment-page-1/#comment-386 Winston Ct Realtor Fri, 02 Jul 2010 16:43:48 +0000 http://fridaycoffeebreak.com/?p=582#comment-386 I negotiated and HOA in New Haven CT. In Connecticut the HOA has a 6 month priority. They get 6 months of fees at foreclosure, that is it. Now in other states they get all, but this may provide a cushion in negotiations. I negotiated and HOA in New Haven CT. In Connecticut the HOA has a 6 month priority. They get 6 months of fees at foreclosure, that is it. Now in other states they get all, but this may provide a cushion in negotiations.

]]> By: Babette Lary http://fridaycoffeebreak.com/topics/real-estate/must-read-dont-ever-forget-why-we-are-the-best-country-in-the-world-and-why-youre-are-still-free/comment-page-1/#comment-385 Babette Lary Fri, 02 Jul 2010 15:14:56 +0000 http://fridaycoffeebreak.com/?p=582#comment-385 Hi Pat, On the HOA, here in CA we are able to negotiate them all the time. We can also get the lender to cover them in a few cases. May just be different here in CA. Hi Pat, On the HOA, here in CA we are able to negotiate them all the time. We can also get the lender to cover them in a few cases. May just be different here in CA.

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