Sandy is taking a toll on Cape Cod. Just drove down to Chatham. Lots of the outer beach is being washed over. Lighthouse parking lot was packed. Saw a boat off Claflin Landing getting pummelled. A few trees down between Chatham and Harwich. Only going to get worse.
Save Your Own “One Click” MLS Search
…without the aggravation of having to “Sign up”
Our web designer is the best! He has just added a new feature to our site that allows our clients to create a direct link to any property search they want. They don’t even have to “Register” then “Sign in” every time to check it. Talk about saving time!
Enter your search criteria, click the “URL” button on the page. You have now created a direct link to the search you want.
For instance, if you are using Internet Explorer 9…open a new tab in the browser, place the cursor in the url field at the top. It might say something like “about:Tabs”. Press and hold the “CTRL” key on the lower right corner of your keyboard and press the “V” key. This should “paste” the url in the box. Press “ENTER”. You should be taken to a page with the properties you are looking for.
You want to make sure you save this link because you can use at any time!
This is what I would suggest…
…to have the link available at anytime. After “pasting” the link in the url field and pressing “ENTER” to go to the search. Go to your “Favorites” under the star in IE 9 and add it to the favorites bar. An easier way is to simply press/hold “CTRL” and press “D” when you are on the page. This will bring up the “Add to Favorites” box and allow you to save it. The search page will be updated every time you go back to it and our site is updated every 30 minutes so you are going to be able to see any new listings.
A slightly easier method to save your new search…
After clicking the “URL” button on the search page open up your email program, start a new email and put your own email address in the recipient field. Press/hold the “CTRL” (usually on the left corner on your keyboard) button on your keyboard and press the letter “V” on your keyboard. Press return and your link is ready. Send the email to yourself and keep it in your inbox and whenever you want to check to see what properties are available, open the email and click the link.
Bank of America has Sold Your Mortgage…What Does that Mean?
Within the last couple of weeks Bank of America has been sending letter to homeowners letting them know that there is a new servicer for their loan. The one I am personally aware of is Seterus, but have also heard that Homeward and SPS (Select Portfolio Servicing) are others. What that means is that they are no longer responsible for handling the loan. If you are making payments, make sure they go to the right place!
Are You Involved in A Short Sale?
If you are involved in a short sale transaction, this could and probably will cause delays. BOA has to transfer documents to the new servicer before the ball can get rolling again and I am hearing that BOA isn’t always doing so in a timely manner. If you have an offer in negotiation it depends how far along things are as to the result of the changeover. If the offer is newly submitted to BOA then you will probably have to start from scratch with the new company. If there is a letter of approval and the closing is eminent then there is a chance the new company will approve the short sale and allow the property to convey. The bottomline is that you will probably face delays and it is important for your agent to contact all parties and communicate with them so no one is surprised by it…there is enough of that in short sale transactions already.
A Letter at Your Doorstep…What Now?
Let your agent, attorney or negotiator know who the new servicing company is. BOA should be transfering documents over to the new company, but you want to be proactive by contacting them quickly and requesting the appropriate documents they need for the short sale file and ask them what they have. Has there been a recent BPO done on the property…that should be one of the files transfered and the new company will wait on that before negotiating on any submitted offer that is not already approved. At least you can get your part done. It also doesn’t hurt to have whoever is negotiating with BOA on your side to contact BOA for an update on the file transfer.
Our Best Advice
Be Proactive! That is something our team stresses all the time. There is only so much that is within your control in these types of situations, but it is very important to have people helping you that know the short sale process. If you have any questions we would be happy to help! 508-258-9010 or [email protected] .