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All Forum Posts by: Jodi Funke

Jodi Funke has started 1 posts and replied 14 times.

Foreclosures

Post: 1% Short Sale Admin Fee by Banks

Jodi FunkePosted
  • Transactional Lender
  • Covington, KY
  • Posts 18
  • Votes 1

I just received the same thing from AHMS. I have been doing short sales for 3 years and this is the first time I have ever seen it. I requested it be removed, but no luck. I had received an acceptance letter from them just a few months ago on the same house and it wasn't included. So, this is a brand new issue.

0 Votes
Foreclosures

Post: Does the Land Trust method work?

Jodi FunkePosted
  • Transactional Lender
  • Covington, KY
  • Posts 18
  • Votes 1

Cary,

What title company to you use to close?

0 Votes
Goals, Business Plans & Entities

Post: Land Trust Question

Jodi FunkePosted
  • Transactional Lender
  • Covington, KY
  • Posts 18
  • Votes 1

I do a lot of short sales and I know that because of the seasoning issues I will now need to get the deed as soon as I meet the owner. That way by the time that I have the end buyer ready to close the 90 day seasoning is over, but right now I have a few deals that I am working on that I didn't do this and I am scrambling trying to find a way around it. Does anyone think there is a way you could put the original owner and the end buyer on the land trust together? That way there is no break in title.

0 Votes
Marketing Your Property

Post: Marketing to Bankruptcy

Jodi FunkePosted
  • Transactional Lender
  • Covington, KY
  • Posts 18
  • Votes 1

Is anyone marketing to bankruptcy? I have heard you should market to people who have filed for a "release of stay". Does anyone know how to get this information?

0 Votes