Registration is now open for our Wholesaling and Fix & Flip Bootcamps. Register Now!

Hide this

Forum Rules · Advanced Forum Search

Jump to Category View All

Click a category below to view different forum categories.

BiggerPockets

General Info

Rss10 BiggerPockets Q&A, Site Questions, & Announcements

964 topics, 7692 posts — Last Post 02/09/12, 05:05AM

Rss10 BiggerPockets Exclusive PRO Area

10 topics, 73 posts — Last Post 02/06/12, 09:15PM

Rss10 New Member Introductions

4490 topics, 25663 posts — Last Post 02/11/12, 07:18AM

Rss10 BiggerPockets Success Stories

142 topics, 1632 posts — Last Post 01/28/12, 09:34AM

Rss10 BiggerPockets Real Estate Investing Summit

16 topics, 560 posts — Last Post 02/10/12, 04:23PM

General Real Estate

General Real Estate

Rss10 Buying Real Estate

1195 topics, 9017 posts — Last Post 02/11/12, 06:24AM

Rss10 Selling Real Estate

303 topics, 2364 posts — Last Post 02/10/12, 10:05AM

Rss10 Renters

189 topics, 1529 posts — Last Post 12/28/11, 05:55AM

Rss10 Get Foreclosure Help - Help Stop Foreclosure Forum

218 topics, 1728 posts — Last Post 02/02/12, 10:07PM

Rss10 Home Owner Association (HOA) Issues & Problems Forum

105 topics, 662 posts — Last Post 02/09/12, 09:42AM

Rss10 Do it Yourself

312 topics, 2699 posts — Last Post 02/09/12, 07:25PM

Reviews & Feedback

Rss10 Real Estate Deal Analysis and Advice

1554 topics, 12278 posts — Last Post 02/10/12, 02:00PM

Rss10 Real Estate Guru, Book & Course Reviews and Discussions

677 topics, 6767 posts — Last Post 02/11/12, 04:25AM

Rss10 Ask About A Real Estate Company

309 topics, 4634 posts — Last Post 02/10/12, 03:12PM

Real Estate Investing

Real Estate Strategies

Rss10 Wholesaling

2406 topics, 18098 posts — Last Post 02/10/12, 10:20PM

Rss10 Rehabbing and House Flipping

1478 topics, 12679 posts — Last Post 02/09/12, 11:27AM

Rss10 Real Estate Development

190 topics, 1025 posts — Last Post 02/10/12, 10:14AM

Rss10 Pre-Construction & New Home Construction

85 topics, 530 posts — Last Post 01/10/12, 07:04PM

Rss10 Innovative Strategies

328 topics, 2304 posts — Last Post 02/10/12, 06:41PM

Rss10 Tax Liens, Notes, Paper, & Cash Flows Discussion

435 topics, 2411 posts — Last Post 02/10/12, 02:29AM

Rss10 Rent to Own a.k.a. Lease Purchase, Lease Options

341 topics, 2086 posts — Last Post 02/07/12, 07:38PM

Rss10 1031 Exchanges

58 topics, 316 posts — Last Post 12/17/11, 05:10PM

Foreclosure Investing

Rss10 General Foreclosure & Pre-Foreclosure Forums

1096 topics, 6537 posts — Last Post 02/10/12, 11:07AM

Rss10 HUD, VA, and Tax Sales

197 topics, 1221 posts — Last Post 02/10/12, 12:34PM

Rss10 REOs

922 topics, 7646 posts — Last Post 02/10/12, 02:54PM

Rss10 Short Sales

1220 topics, 10051 posts — Last Post 02/11/12, 02:43AM

Landlord & Tenant Forums

Rss10 Rental Property Questions & Landlording Issues

2940 topics, 26276 posts — Last Post 02/11/12, 06:44AM

Rss10 Land & Farm Investing

116 topics, 728 posts — Last Post 01/29/12, 06:46PM

Rss10 Mobile Homes & Mobile Home Park Investing

391 topics, 2864 posts — Last Post 02/10/12, 02:32AM

Real Estate Dealmaking

Rss10 Make Deals, Find Partners, Mentors & BirdDogs, etc.

3648 topics, 13401 posts — Last Post 02/10/12, 09:40AM

Rss10 Promote Your Real Estate Buyer's List

152 topics, 669 posts — Last Post 01/23/12, 12:35PM

Rss10 Property Wanted

626 topics, 3019 posts — Last Post 01/19/12, 02:47PM

Rss10 Seeking Financing, Money, or Loans

1218 topics, 7344 posts — Last Post 02/03/12, 11:21PM

Rss10 Tax Liens, Notes, Paper, & Cash Flows Dealmaking

273 topics, 1990 posts — Last Post 02/10/12, 02:30AM

Rss10 Bulk REO Discussion and REO Dealmaking

845 topics, 5917 posts — Last Post 02/02/12, 04:20PM

Investor Basics

Rss10 Starting Out

4060 topics, 29632 posts — Last Post 02/11/12, 05:53AM

Rss10 Investor Psychology

289 topics, 4281 posts — Last Post 01/26/12, 07:52PM

Rss10 General Real Estate Investing

3057 topics, 20771 posts — Last Post 02/10/12, 12:54PM

Rss10 Real Estate Investor Marketing

868 topics, 7051 posts — Last Post 02/11/12, 04:09AM

Commercial Real Estate

Rss10 Commercial Real Estate Investing Forum

718 topics, 3839 posts — Last Post 02/10/12, 09:28PM

Rss10 Multi-Family and Apartment Investing

141 topics, 1347 posts — Last Post 02/07/12, 05:47AM

Rss10 Office Investing

3 topics, 36 posts — Last Post 11/15/11, 02:42PM

Rss10 Industrial Property Investing

3 topics, 12 posts — Last Post 07/05/11, 10:41AM

Rss10 Retail Property Investing

6 topics, 42 posts — Last Post 02/10/12, 10:19AM

Rss10 CRE Financing and Lending

17 topics, 188 posts — Last Post 01/26/12, 05:55PM

Rss10 CRE Syndication and Fundraising

25 topics, 208 posts — Last Post 02/10/12, 12:57PM

Rss10 CRE Property Management & Leasing

2 topics, 11 posts — Last Post 12/11/11, 05:05PM

The Business of Real Estate

Real Estate Technology and the Internet

Rss10 Technology, Social Media, Real Estate & The Web

244 topics, 2018 posts — Last Post 02/11/12, 06:20AM

Rss10 Real Estate Blogs & Blogging

23 topics, 278 posts — Last Post 02/10/12, 11:01AM

Business Basics

Rss10 Goals, Business Plans & Entities

400 topics, 3913 posts — Last Post 02/10/12, 07:12PM

Real Estate Finance & Legal

Financial, Tax, and Legal

Rss10 Tax, Legal Issues, Contracts, Self-Directed IRA

1210 topics, 8252 posts — Last Post 02/11/12, 05:36AM

Rss10 Credit & Credit Repair

177 topics, 1444 posts — Last Post 01/25/12, 06:56AM

Rss10 Property Insurance

117 topics, 753 posts — Last Post 02/10/12, 11:33PM

Rss10 Bankruptcy

21 topics, 110 posts — Last Post 12/09/11, 10:01AM

Loans, Mortgages, Credit Lines

Rss10 Private & Conventional Lending Discussion

1244 topics, 7159 posts — Last Post 02/10/12, 11:23PM

Rss10 Creative Real Estate Financing

623 topics, 3989 posts — Last Post 01/30/12, 05:35PM

Real Estate Professionals

Real Estate Professionals

Rss10 Real Estate Agents

611 topics, 3290 posts — Last Post 02/09/12, 06:32PM

Rss10 Bankers, Lenders, and Mortgage Brokers

351 topics, 1252 posts — Last Post 02/03/12, 06:47AM

Rss10 Contractors

117 topics, 626 posts — Last Post 02/08/12, 10:17AM

Local Real Estate

International Real Estate

Local Real Estate

Rss10 Local Real Estate Networking

573 topics, 3013 posts — Last Post 02/07/12, 04:58PM

Rss10 Americans & International Real Estate

138 topics, 499 posts — Last Post 12/24/11, 07:44AM

Rss10 Foreigners Buying in the USA

54 topics, 281 posts — Last Post 01/18/12, 09:33PM

Rss10 Canadian Real Estate

25 topics, 117 posts — Last Post 02/06/12, 05:17PM

Marketplace

Real Estate Marketplace

Rss10 Mortgages & Lending

388 topics, 1730 posts — Last Post 01/23/12, 02:23PM

Rss10 Residential Property, Land, & Farms For Sale

756 topics, 1414 posts — Last Post 12/26/11, 01:22PM

Rss10 Real Estate Events & Happenings

113 topics, 453 posts — Last Post 01/11/12, 05:36PM

Rss10 Commercial Properties for Sale or Lease

223 topics, 668 posts — Last Post 02/10/12, 10:59AM

Rss10 Domains & Website Reviews

44 topics, 334 posts — Last Post 11/15/11, 09:55AM

Rss10 Classifieds - Promote your Website, Newsletter, or Product

582 topics, 2646 posts — Last Post 02/10/12, 04:56PM

Off-Topic

Off Topic

Rss10 Off-Topic

1769 topics, 18864 posts — Last Post 02/11/12, 06:41AM

Rss10 Housing News & Real Estate Market

647 topics, 6308 posts — Last Post 02/09/12, 08:59AM

BiggerPockets Resources

Forums » Short Sales » WaMu short sales question...

WaMu short sales question... Subscribe to WaMu short sales question...

7 posts by 5 users

Signup

H Mann

Real Estate Investor · Bay Area, California


Forum_avatar_avatar-hmann1

Icon_minipost Nov 03 '09, 06:01 AM

When doing WaMu short sales, did you guys use the official forms from Chase.com for the financial information?

Or were you successful using your own forms?

Edited: 06/26/2010 at 10:22AM


Corry Taie

Rehabber · lake elsinore, California


Forum_avatar_avatar-ctaie

Icon_minipost Nov 03 '09, 09:18 PM

We ended up using the forms from chase.com.

Edited: 06/26/2010 at 10:22AM


H Mann

Real Estate Investor · Bay Area, California


Forum_avatar_avatar-hmann1

Icon_minipost Nov 05 '09, 07:50 AM

^Thanks. Did you send them the first time you sent the complete package?

Or did the package get to a negotiator, and then the negotiator requested those forms?

Edited: 06/26/2010 at 10:24AM


James Ward

Real Estate Investor · Ocala, Florida


Forum_avatar_avatar-crosswind_

Icon_minipost Nov 06 '09, 02:27 AM

We usually send in the documents that our company generated first. Then if we absolutely have to, we send them the forms on their paperwork.

Here is why: Most of the people we negotiate for, have our paperwork on file. So we receive the shorts on our paperwork. So, if we have to, we request to get the new paperwork.

Hope this helps.

Edited: 06/26/2010 at 10:24AM


Lyonel Katz


Forum_avatar_avatar-lyonelk

Icon_minipost Nov 06 '09, 06:49 AM

Originally posted by H Mann
^Thanks. Did you send them the first time you sent the complete package?

Or did the package get to a negotiator, and then the negotiator requested those forms?


If you have your own forms I would use those. Anways, if you create your own forms then you should have based them off of lender's paperwork and what most lenders request.

Send in a full package always. Will most lenders missing items will only delay the assignment of your file.

Good luck!

Edited: 06/26/2010 at 10:25AM


Jason Wheeler

Private Money Lender · Pleasant Hill, California


Forum_avatar_avatar-investor_champ

Icon_minipost Nov 06 '09, 08:36 AM

When I make a short sale offer I prefer to use my own forms. I've had deals with Chase that have been accepted with our own forms. I've found If you have a strong offer and they know you can close they don't seem to care about your forms. Like underwriters though I think every negotiator is a little different.

Edited: 06/26/2010 at 10:25AM


H Mann

Real Estate Investor · Bay Area, California


Forum_avatar_avatar-hmann1

Icon_minipost Nov 06 '09, 03:56 PM

Part of WaMu's docs includes a 4506 form. Are other lenders requesting this form also?

Edited: 06/26/2010 at 10:25AM


Sign up