Serving Northwest Florida's Beaches

About Daniel

Daniel S. Frankfurt is an attorney admitted to the bar in Florida and California. Daniel focuses on short sales and loss mitigation alternatives.

Author Archive | Daniel

“Really?!?!”

Short Sale Approvals — Week of 8/6-8/10 Property (vacant land) purchased in 2005 for $88,000 Presented purchase contract to 1st (BOA) for $10,000 Short sale approved with full deficiency waiver Property purchased in 2005 for $475,000 Presented purchase contract to 1st (RCS) and 2nd (Compass Bank) for $202,000

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“And they will give you money even if you have defaulted on the loan?”

Short Sale Approvals — Week of 7/20-8/3 Property purchased in 2007 for $745,000 Presented purchase contract to 1st (Wells Fargo) and 2nd (Wells Fargo HELOC) for $430,000 Short sale approved under HAFA with full deficiency waiver from 1st and 2nd Seller received $3000 out of proceeds of sale for “relocation assistance” Property purchased in 2003 […]

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“Never thought it would happen…”

Short Sale Approvals — Week of 7/23- 7/27 Property purchased in 2007 for $2,800,000 Presented purchase contract to 1st (Citi) and 2nd (Chase) mortgagees for $750,000 Short sale approved with full deficiency waiver from both 1st and 2nd Property Purchased in 2005 for $890,000 Presented purchase contract to 1st (BOA) mortgagee for $475,000 Short sale […]

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