Note the stacking order and addtional documents required on the 3rd page of the package. I have 2 short sales with HomEq and one has been with a negotiator for 3 months now. He just called and asked us to RE-SUBMIT the entire package using the new “Short Sale Package Forms.” Don’t ask me why - there’s just no logic that I could see, but I did it anyway so there’s no excuse.
DH,
I’m currently working with HomEq on a SS! I have finally been assigned a LM, who is to call me today or Monday at the latest (HA)!
If you have had experience with them, how are they to deal with and what should I expect % wise for a discount?
Thanks,
TB
Hey Jeff,
I didn’t fully understand your discount %! If the house is worth about $170k and $170k is owed on it, then what should I expect to pay?
Thanks,
TB
My HomEq short sales are for seconds. However, I would start at $.50 on the dollar on the 1st. If you are really good at doing or getting the BPO’s, $.50 is not out of the question. In the last 4 months, we’ve not had to go over $.64 on the dollar.