The Lake Sarasota Community Blog

As of now, these are the items on the Thursday, Sept. 13th Lake Sarasota Community Group agenda for its general meeting (all residents are welcome) at Sarasota Alliance Church, 7 pm:  Mr. Donald Hadsell, Director of the Office of Housing and Community Development for the City and County of Sarasota will talk about zero-interest rehab loans from the county. No monthly payments and the loans don't have to be paid off until you sell your house. Ryan Cooke is coming to talk to use about the new LA Fitness that's opening at Bee Ridge and Cattlemen and to give us a great price break on membership. Discussion of the Bee Ridge Road Plans that was presented to the community on Sept. 6. ***NEW*** Do we want SCAT to consider expanding its bus service within Lake Sarasota ? Sarasota Planners say it is possible that SCAT could route public buses to go more deeply in to Lake Sarasota, which could shorten walks to bus stops. How do you feel about that?  A possible up...

This offers useful tips on short sales: Dear Homeowner, For each short sale, there will be required paperwork that must be obtained from the Seller. We need to obtain this information as soon as possible. This will make your transaction run a lot smoother. See below the list of required short sale documents: o Listing Agreement with price included and comps to justify listing price. o Purchase Offer/Contract o Buyers Pre-Qualification Letter o Authorization to release information ~ This document gives permission to the agent to speak on the sellers behalf and to obtain information. o Financial form ~ List of itemized assets and liabilities. o Two year’s most recent tax returns. o Two months most recent paycheck stubs. o Two months most recent bank statements. o Hardship Letter explaining why the borrower fell behind/ can not afford to sell/ which documents may be missing from the package o Completed Hud1 or Seller’s Net Sheet ~ (Utilize your favorite title company o provide preliminary...

Sandy Allen has shared some useful numbers for homeowners seeking to discuss mortage terms or mitigate losses with their mortgage lenders: Washington Mutual – Loss Mitigation Phone: 800-496-9633 Phone: 904-281-3900 Collections Department Phone: 866-356-5789 Foreclosures Departments Fax: 818-775-2010 Chase – Loss Mitigation Phone: 510-652-0401 National City Mortgage – Loss Mitigation Phone: 937-910-3563 Bank of New York – Loss Mitigation Phone: 212-495-1784 Fax: 212-415-2035 Home Side – Loss Mitigation Phone: 904-281-3900 Wells Fargo – Loss Mitigation Phone: 888-231-0757 Loss Mitigation: 877-216-8448 Borrower Assistance: 800-551-9808 Homeowners in Foreclosure: 800-868-0043 or 800-352-7654 Whitney National Bank – Loss Mitigation Phone: 800-347-7272 American General – Loss Mitigation Phone: 770-614-6005 Citi Mortgage – Loss Mitigation Loss Mitigation: 800-682-2286 Foreclosure: 877-202-3846 Loss Mitigation: 866-357-6015 Loss Mitigation Fax: 248-488-7727 Workout Fax: 248-488-8357 Loss Mitig...