WE HAVE EXPERIENCE IN:

Copyright Mortgage Lender Report. All Rights Reserved. Absolute Consultant Group offers Short Sale and Loan Modification Services in Woodland Hills, California. Los Angeles, California. Beverly Hills, California. Negotiating short sales nationwide including: San Diego, California. Miami, Florida. Phoenix, Arizona. Las Vegas, Nevada. New York, New York. Santa Monica, California.. Thousand Oaks, California. Agoura Hills, California. Sherman Oaks, California. Studio City, California. Encino, California. Tarzana, California. Malibu, California. Beverly Hills, California. San Francisco, California. Reno, Nevada. Tampa, Florida. San Jose, California. Oxnard, California. Culver City, California. Seattle, Washington. Philadelphia. New Jersey. California | Las Vegas, Nevada - Reno, Nevada | Miami, Florida - Orlando, Florida | San Diego, California | San Francisco, California | New York | Agoura Hills, California | Arcadia | Artesia | Orange County| Azusa | Baldwin Park | Diamond Bar | Lancaster | Rolling Hills Estates | Downey | Lawndale | Rosemead | Long Beach | Los Angeles, California | El Segundo | San Fernando | Gardena | Lynwood | San Gabriel | Lynwood | San Marino | Glendale | Malibu | Glendora | Manhattan Beach | Santa Monica, California | Hawthorne | Beverly Hills, California | Monrovia | South Gate | Monterey Park | Hidden Hills | Huntington Park | Calabasas, California | Cerritos | Claremont | Inglewood | West Covina | Pomona | West Hollywood | Covina | Compton | Culver City | Redondo Beach | Dallas | Miami | Austin | Riverside | Ontario | Rancho Cucamonga | Moreno Valley | Chino | Diamond Bar | Yorba Linda | Perris | Hemet | Redlands | Banning | Norco | La Habra | Mira Loma | Palm Springs | Mission Viejo | Ontario | Fontana | Fresno | Modesto | Stockton | Seattle | Portland | Eugene | Sacramento | West Hills | Chatsworth | Simi Valley | Thousand Oaks | Detriot | Phoenix, Arizona | Glendale | Tucson | Brentwood / Bel Aire | Studio City | Burbank | San Fernando Valley | Reno | Oakland | Santa Barbara New York, NY | Buffalo, New York | Rochester, NY | Yonkers, New York | Syracuse, New York | Manhattan Short Sale Specialist | Manhattan, NY | Brooklyn, NY | Apartments and Condominiums | Bronx, NY | Staten Island, New York | Luxury Homes and High Rise Apartments

WE CAN HELP YOU IN:

These are a few of the cities that we operate in:

* Los Angeles, Long Beach, San Diego
* Fresno, Bakersfield, Riverside
* Gilroy, Santa Cruz, Los Gatos
* San Jose, Fremont, San Mateo
* Milpitas, Foster City, Redwood City
* Santa Clara, Sunnyvale, Livermore
* Mountain View, Daly City, San Ramon
* San Francisco, Marin, Cupertino
* Tracy, Stockton, Modesto, Lodi
* Elk Grove, Folsom, El Dorado Hills
* Oakland, Berkeley, Emeryville, Irvine
* Roseville, Granite Bay, Lincoln
* Richmond, Antioch, Merced, Hercules
* Hayward, Vallejo, Salinas, Yuba City
* Danville, Woodland, Dublin, Manteca
* Santa Ana, Redwood Shores, Galt
* Bay Area, Monte Sereno, Campbell
* Saratoga, Auburn, Napa, Alameda,
* Belmont, Benicia, Beverly Hills
* Brentwood, Burlingame, Carmel
* Citrus Heights, Clovis, Concord
* Davis, Palo Alto, Eureka, Fair Oaks
* Fairfield, Foster City, Half Moon Bay
* Hillsborough, Hollister, Lathrop
* Los Banos, Malibu, Monterey
* Orange County, Palm Desert
* Palm Springs, Patterson, Placerville
* Pittsburg, Pleasanton, Stockton
* Rancho Cordova, Richmond
* Salinas, Santa Barbara, Sonoma
* South Lake Tahoe, Union City
* Walnut Creek, Watsonville, Visalia

We are experienced in:

* Repayment Plan
* Forbearance Lender Arrangement
* Loan Restructuring
* Short Refinance
* Short Sale/Equity Sale
o Short Refinance
o Sale of property
* Foreclosure postponement
* Disaster Relief (Hurricane and Property Claim Insurance Procedures)
* Sale Procedures
* Recast
* Partial Release
* Partial Claim (FHA)
* Attributed to servicing all types of loans: A-Paper, ALT-A/SUB-PRIME, HELOC Equity/Construction,VA/VA Vendee, Goverment Loans, IMPAC, ETC.
* Escalation Processes (Workout Procedures)
* And more...

WE OPERATE IN ALL FIFTY STATES:

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, West Virginia, Washinton, Wisconsin, Wyoming

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What does voluntary funds mean?

UserPost

1:19 pm
February 16, 2010


jkatz

Admin

posts 5

It has come to our attention that many times the bank will ask a homeowner to come up with "Voluntary Funds" to get a short sale approval. The reasons that they may ask for are as plentiful as all our lives are different. Voluntary Funds are funds that are requested by the bank to be voluntary brought to closing and used to pay of the debts owed to a specific mortgage. Usually this contribution at the close of a short sale is paid to the first mortgage but in many cases the second mortgage (Jr. Lien) may also ask for a contribution. Many times the lender if they see that no money is available to contribute they may ask for a promissory note but that is another question for another day.

We will continue to through up great topics but if you have a side question please feel free to post it up.

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Regards,

Jonathan
Katz 
| Account Manager | Absolute Consultant Group

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