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Friday, September 24, 2010

Loan Mods and Short Sales don't mix well.

Short Sales and Loan Mods don't mix well.
We have a Short Sale thats just stalled, no matter what we do it's not getting traction.Dont Mix
Today I got answer as to why. While on the phone with the Short Sale dept today I dug in and was not going to end the call until I could get an answer as to why.It worked after getting the negotiator to look back through the file he found that this owner had been approved for a loan modification and that had caused the system to stop processing any of the short sale tasks that need to be done. Once the status was changed to short sale my stalled short sale got back on track.Another lesson learned,Short Sales and loan mods don't mix.  
Temecula Short Sale Agent, Cyber Sid at your service
Sidney Kutchuk  AKA...Cyber Sid      SHORT SALE AGENT
CALL ME, 951.215-6745 cell  
41720 Winchester Rd #I  Temecula Calif. 92590      951.676-4663