ocwin short sale - Posted by hutch (fl)

import · October 10, 2003, 7:39am

Posted by ben (oh) on October 10, 2003 at 08:34:11:

they are a royal pain. i have done quite a few. be careful.

import · October 10, 2003, 7:39am

Posted by hutch (fl) on October 10, 2003 at 07:39:48:

Does anyone have any experience with doing a short sale with ocwin?
Do they have a percentage off they will generally accept?
Please call or email if you have experience with them.
Todd Hutcheson
todd@ibuyhomes.com
407-898-4688

import · October 13, 2003, 11:35am

Re: ocwin short sale - Posted by JeffGinFL

Posted by JeffGinFL on October 13, 2003 at 11:35:20:

Hutch - good luck with Ocwen. Not a friendly bunch to deal with.

You can go visit them directly - they are in your back yard. They have a large office in Central Fla Research Park. It’s by UCF. Just head east on the 408 until it runs out and it will dump you right at their offices - on the right hand side of the road.

JeffGinFL

import · October 10, 2003, 10:42pm

Re: ocwin short sale - Posted by micheleCO.

Posted by micheleCO. on October 10, 2003 at 22:42:25:

Ocwin must have a blanket contract with Wells Fargo, at least in my area. They buy defaulted mortgagees as a business, so it is very hard to get any kind of discount with them. I work with an agent who is the REO agent in my area for Ocwin, and she says they will not short sale. MicheleCO.

import · October 10, 2003, 12:48pm

Re: ocwin short sale - Posted by Mike (MI)

Posted by Mike (MI) on October 10, 2003 at 12:48:53:

Todd,
I too have found Ocwen to be a royal pita. I think they buy their mortgages on the secondary market (risky paper) anyway. They want to make their own profits by short selling.
jmho,
Mike

import · October 10, 2003, 10:21am

Re: ocwin short sale - Posted by E.Eka

Posted by E.Eka on October 10, 2003 at 10:21:52:

Please enlighten us with the meaning of OCWIN