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user045726

Advice

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mortgage sold to nation star, Short sale approval tumbled , need advice

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Thank you for sharing your stories and advice, in my case when the mortgage was under bank of america i was waiting for them to approve the short sale, we just find out the mortgage was sold to nation star. and nation star said they will put it on auction to see how much high that they can get. it is all stupid after all that wait ... may be i will have my relater  speak  to ombudsman.  

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mortgage sold to nation star, Short sale approval tumbled , need advice

It was a devastating news I received this Moring. I have been waiting for short sale approval for my offer from bank of America which the seller has accepted. After 4 months waiting time I get a call from the listing agent that bank of America has sold the mortgage to nation start and nation start wants the property to go on auction for three days and whatever the highest offer  they get I have to much that or walk out.What kind of option do I have to get the house ?  dose nation start have the right to do this ? can calling the HUD help out ? please advice 

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