US Bank vs. Group 46:10 – We Want to Get Along – 04/09/10
April 9, 2010 / /
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Kevin Kauffman and Fred Weaver hear rumors of US Bank employees putting the gloves on.
Plus Fred defines “mitigation” – with the help of Dictionary.com.
Oh yeah, Kevin and Fred are leaving Keller Williams for EVERY OTHER FIRM!
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About the Authors
Kevin Kauffman & Fred Weaver
Kevin and Fred the founders of Group 46:10. Over the last 10 years Kevin and Fred, and their team have closed tens of millions in real estate all over the country and have created some of the best training for agents in the market. Kevin and Fred are also highly sought after teachers whose work has helped agents all over the country build their own next level real estate business.
Gotta get your mindset in the OUTBACK Baby!
I guess I am screwed, I just took a US Bank/VA short sale 🙁 My broker is going to be upset because I am going to have to change brokers for a while!
Short sale power hour, short sale power hour, short sale power hour!!!
This is great ….. i WANT to learn how to do short sales… you guys are great thanks for your knowledge…. Nicole Ream
US Bank, are you serious?! Get in the game and stop losing money for your business and investors, adding grief to the life of hurting home owners and wasting everyone’s time including your own.
Your 2/10/2010 video on US Bank vs Keller Williams was taken off temporarilly so I could not view it, but here is my sad story with US Bank and my Keller Williams agent in Lincoln CA… US Bank denied my short sale…
I have a home in Lincoln CA, paid $370k with 20% down for a $296k loan paid it down to a loan balance of $288 in 2 years. I lost my job in 8/09 and couldn’t make the $2300 payment on Unemployment ins. My KW agent listed it for $275 and got an offer the 1st day we submitted the SS Package to US bank on 8/6/09. This should have been easy, no 2nd, only short by $13k with the sale offer and very upstanding buyers. US Bank drug their feet for 8 months on this with little response to my agent except when they wanted to verify something. In Feb 2010 they asked for a $30 promisory note from me ($120/mo for 20 years) and I said no because I have already lost $104 cash of my money in this house ($74k DP and $30k in landscaping and improvements. I was not going to spend the next 20 years paying more on this house. We offered $3k cash, they said no and then we offered $5k cash from me and $10k cash more from the buyers…final offer or they can take the home. US Bank said no and that the MI would not budge off the $30k promisory note. This was a Freddie Mac loan. Who the hell is MI? Do you guys know?
Wow guys!
I’m sorry to have gotten you so riled up. (Actually I love the passion that you bring to your work.) Keep crushing-it and I look forward to all the information you share.
You guys are the Bomb Diggity! Thanks for all the great info everyday!
Dave, i’m not a real estate expert, but i think MI stands for Mortgage Investor.
Did you check the box that says private video on your youtube account?
MI stands for Mortgage Insurance:)
OMG! I wanted to see this one so bad…but it’s gone! So, US Bank took that too?
I am dealing with a negotiator on one of my files right now by the name of Wonita Scott. She is the most unpleasant, condescending person I have ever spoken with.
She doesn’t like to answer questions and when she does is always “did you hear me say it was being declined? ” or “this conversation is over” or “I am not going to provide anything to you in writing”. I thought I just got a nasty one but apparently US Bank doesn’t only hate Katie Halle…don’t tell me they hate good ‘ol group 46:10 too??