Tag: Fannie Mae

Does Your Real Estate Agent Have A Good Working Relationship With Bank Of America?

I am fortunate to have been in the real estate business long enough that I’ve seen Bank of America come through an incredible evolution in the way they handle short sale transactions. Completing a short sale with them used to not be so pleasant, but now it’s much better thanks to them streamlining their processes and improving their employee training. The entire process as a whole, from the communication to the turnaround time has drastically improved in the past few years. Through this time, and because I’ve been working with them for so long, we’ve actually developed some incredibly strong relationships at Bank of America. Also because of this, we have a large amount of resources available to us to help with this type of transaction; we have a really good working relationship with Bank of America along with several different points of contact to reach out to should issues arise with your transaction.

If you have a loan with Bank of America, whether it’s Freddie Mac, Fannie Mae, VA, FHA, and you’re finding yourself in a position where you can’t stay in your home please reach out to us. We can help you determine what the best solution for your situation is, whether it’s a short sale, deed-in-lieu or another alternative. We can educate you on the different processes so that you understand exactly what each one entails and how they benefit your situation. Don’t just sit back and do nothing because before you know it, the bank will be foreclosing on your home. Take action today and contact us to get help with your mortgage crisis. I’d also like to encourage you to browse our website further for additional information. On there you can find a number of different resources to answer your basic questions about short sales.

Let Us Put Our Experience To Work For You

If you’re in a situation with your Sierra Vista home where you feel you need to complete a short sale and don’t know where to turn for help, I’d like to introduce myself to you today. My team and I have been involved in over 400 short sales for people that were in all kinds of different situations. We have helped people that have gone through a death, divorce, job loss or relocation, increased expenses or medical problems; all different types of situations. If you have a VA loan, are in the military and have received a permanent change of station so you need to move or you need to complete a VA compromise sale we can help you with this. No matter what type of loan you have, whether it’s Freddie Mac, Fannie Mae, FHA or VA, and pretty much every bank out there we have worked with at some point in time.

I’d like to offer myself up to you as your local resource for help and information in this complex and challenging real estate situation. Quite frankly, most real estate agents don’t want to work on short sales or don’t know how to do them so I’d like to encourage you to reach out to us by picking up the phone and giving us a call or filling out the short sale request form online. You can also feel free to explore our website for additional information. We’d like to get to know you and your specific situation so that we can help and educate you about your short sale options. Chances are we’ve worked on a short sale that had the same loan type and lender as you so please allow us to put our experiences and expertise to work for you.

Ocwen Loan? Work With An Experienced Professional

If you’ve looked around online at all for information about completing an Ocwen short sale, you may have found a lot of negative information about the process and their business practices. In the last 12-18 months, Ocwen has significantly changed quite a few things about the way they do business. As a mortgage servicer they have, in recent history, evolved to servicing Fannie Mae, Freddie Mac, FHA and VA loans. Before that, and where most of the negative press is from, they didn’t handle these loans. There are some loans that Ocwen still services for some investors but where it relates to anything Fannie Mae, Freddie Mac, FHA and VA, Ocwen has to follow the guidelines put in place by each respective company. Where this relates to you is that you need to make sure the real estate agent that helps you deal with this and work with Ocwen on your behalf, really understands Fannie Mae and Freddie Mac short sales, FHA short sales and VA compromise sales and all the guidelines and nuances that go into them. This way, if Ocwen isn’t following these guidelines your agent can point it out to them or call the investor and ask them to help Ocwen understand the guidelines.

What I’m trying mostly to impart is that if you have an Ocwen loan and you’re looking for information about them be very careful about going to the sources that only have negative information. Our team has had incredible success with getting Ocwen short sales closed. We really pride ourselves in this and we’ve love it if you’d give us the opportunity to help you with your Ocwen loan. Please reach out to us today to go over your situation with Ocwen and let us explain just how much we can help you.

About Shawn Polston

Shawn has been a Realtor since 2006. Prior to becoming an agent Shawn and his wife were active real estate investors. Shawn takes his education seriously; he’s taken over 200 hours of continuing education classes, to keep up-to-date on current laws and trends. Shawn is a member of the Arizona Association of Realtors Master of Real Estate Society and a Graduate of the Realtor Institute. He is also a HAFA certified Short Sales and Foreclosure Specialist in addition to being a National Association of Realtors Short Sale and Foreclosure Resource.