Patrick James's (ptboxman) Blog

Real Estate Agent - CG Real Estate
Late one evening I fielded a call from a Connecticut homeowner that had been relocated for employment to Florida in need of a short sale Realtor. When they were relocated, they had their Realtor ( inexperienced in short sales ) do a market analysis and found out there was no way they could ever ...
I received a call from this client after 2 other agents had unsuccessfully attempted to short sell his Naugatuck home. Once we sat down and analyzed his situation, we listed the property and located a cash buyer in a 30 days. Both BOA and Wells Fargo approved the short sale with a full waiver of...
When these clients called me wanting to short sale their Plainfield, CT home, their situation presented some challenges that I had never dealt with before and required some homework on my part prior to listing to ensure we would be able to make the deal work. The clients only had one mortgage, w...
I am pleased to announce that I have been selected as a Chase Priority Partner. Over the last few years, Chase has found that a whopping 80% of their short sales fail in the first 30 days due to lack of listing agent experience and improper documentation. Seeking to change these numbers, Chase h...
Pretty simple and easy HAFA short sale approval with a Specialized Loan Servicing 1st Mortgage and a Carrington Mortgage Services 2nd mortgage. These clients had done a loan modification while their loans were being serviced by Bank of America. What BOA did for them before they transferred the m...
A short sale with the Veterans Affairs administration is called a compromise sale. Same meaning, just different words. These clients had found me online after striking out with two other agents that were inexperienced with short sales. Having had the property listed for over a year already and n...
The same crap with lost documents and poor communication as I wrote in my last blog about US Bank. Only difference was this time once the file got in front of a negotiator the person sitting behind the desk was competent. I better go play powerball now, because that was like winning the lottery ...
This particular client had contacted me after filing Bankruptcy to short sale his Middletown, CT home. As I've said many times before, bankruptcy usually does not get rid of your house, only the liability for the debt. You still need to sell your property or the bank has to foreclose or accept a...
On every short sale, there is usually some problem that arises that requires a little fixing. This deal had problem after problem after problem. My clients hung in there and didn't give up hope though. Problem #1 - We get a solid full price deal after about 100 days on the market. The lender ( C...
Bank of America has gotten MUCH better in their short sale processing as most all of their short sales are processed through equator. Not their government short sales though. All FHA short sales are processed via fax, and it can be a painstaking process. With a full package submitted, call after...

Patrick James

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' If you are looking for a real estate professional to handle the short sale of your home look no further. I met Patrick upon my return to CT during ... more '
by John K in Texas
' Short Sales can be a very rewarding, and at the same time, very frustrating experience. The process can be fraught with all kinds of uncertainty and ... more '
by cgbassell
' We had spoken to another Realtor prior to signing with Patrick. The other Realtor basically thought we should list or house for well below market ... more '
by Allisonzg