Real Estate Broker for RealtyWrks.com Located in Temecula Calif. 92590 Short Sale Specialist www.aShortSale.com Free help for the D.O.D HAP program & US Treasury Dept HAFA program
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Short Sales and Loan Mods don’t mix well.
We have a Short Sale thats just stalled, no matter what we do it not getting traction.
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.