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Ambassador
5,358,671
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Have dealt with them on few foreclosures, not a pleasant experience.

One took over 7 months to get them to respond.  Lot of dealing with people in India who may or may not have understood the language. 

They never followed the rules, yet expected us to.

We paid less than a third of the assessed value of the home, yet still wondered if we paid too much when we figured in all the time and frustration.

My agent wanted to walk away, but I kept sending letters to ocwen asking if they were serious about selling.  Each month when I sent one it generated a surge of activity, then dead silence until the next one.

If the price is low enough, like 10%, then go for it, otherwise move on to another deal.

Apr 27, 2017 06:19 AM
Rainmaker
4,799,481
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Once, it was terrible, never again.   I think they are being sued by a number of states.

Apr 27, 2017 06:04 AM
Ambassador
4,201,309
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Run Forest, RUN!

Apr 27, 2017 09:42 AM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I rather listen to fingernails on a chalkboard.

Apr 27, 2017 07:39 AM
Rainer
352,776
Teri Pacitto
Compass - Westlake Village, CA
Real Estate, Your Style...Your Home...My Specialty

UGH......do you have a few hours to talk!  They are probably the worst and then some.  

Apr 27, 2017 06:40 AM
Rainmaker
1,716,354
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

They are bungling idiots. 

Apr 27, 2017 06:32 AM
Rainmaker
3,997,425
Richard Weeks
Dallas, TX
REALTOR®, Broker

I think they are the worse.

Apr 27, 2017 06:18 AM
Rainmaker
3,321,246
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

yes and horrible. There is not someone you can just call. Most was done by email and when we did get a call it was an overseas call sender i could not understand. I can get a shortsale approved and closed in less than 45 days for most. But this is up there on tehe hardest ever to deal with

Apr 27, 2017 06:05 AM
Rainmaker
4,174,664
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

No..we have so few short sales and foreclosures would always refer out but Debe Maxwell, CRS has some good advice!

Apr 27, 2017 05:38 PM
Rainmaker
1,214,087
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Yes, just did in February and have done so many times in the past 3 years, they are newer on the scene here.

They are organized, very typical and work with you on their terms. Just be patient, they book meetings weeks a part, but that buys you time as they postpone NOS each time. I had a listing in Jan with an NOD on it, we got it sold in time.

Apr 27, 2017 06:26 AM
Rainmaker
5,527,174
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Michael,

It seems no one has had a good experience with this service.  A

Apr 27, 2017 06:22 AM
Rainmaker
882,547
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Like every short sale.

Tedious, treacherous and lacking integrity.

Depending on the bank, be aware,  even with a signed negotiated purchase agreement, they can still put the property on auction for the stated purpose to verify value, but WILL be sold to the highest bidder. The purchase contract means NOTHING.

If a second investor is involved, start there. Beneficial Finance would rather the house return to rubble than negotiate a deal. Just a heads up.

Apr 27, 2017 06:08 AM
Rainmaker
1,044,339
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

No..we have so few short sales and foreclosures it happens but very rare

 

Apr 13, 2018 07:07 PM
Rainmaker
3,970,315
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Sorry, can not help you

 

May 01, 2017 06:42 AM
Rainmaker
4,885,667
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I chose years ago to stay far away from short sales.

Apr 30, 2017 07:21 AM
Rainmaker
4,433,583
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No.

Apr 29, 2017 07:33 AM
Rainmaker
915,973
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Can't say I have - nope

Apr 28, 2017 06:02 AM
Rainmaker
4,056,543
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I have not.

Apr 28, 2017 05:18 AM
Rainmaker
3,069,934
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Yes. Closed them!

Apr 28, 2017 04:58 AM
Rainmaker
292,535
Jack Lewitz
Exit Strategy Realty - Evanston, IL

It took a long time. 

Apr 28, 2017 04:46 AM
Rainmaker
6,545,024
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

No. 

Apr 28, 2017 04:41 AM
Ambassador
4,312,753
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Michael J. Perry - looks like I am lucky not to have worked with them, so far.

Apr 27, 2017 11:14 PM
Ambassador
3,986,660
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I have dealt with Ocwen in the past when they handled VA REO's. It was always hard to understand the managers because of the strong accents. I haven't had an encounter since then.

Apr 27, 2017 08:47 PM
Rainmaker
3,985,837
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I have not and never heard of them

Apr 27, 2017 07:36 PM
Ambassador
2,564,031
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 The "Nays" have it!

Apr 27, 2017 06:05 PM
Rainmaker
1,874,225
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

I would like to say one and done but I was dumb enough to try it twice Michael J. Perry 

Apr 27, 2017 05:24 PM
Ambassador
3,258,976
Anna Banana Kruchten CRS, CRB, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

Never ever again - the worst experience of a short sale that didn't happen. I don't do shorts anymore but when I still did and I found out it was them - I referrred them out. 

Apr 27, 2017 04:56 PM
Ambassador
951,067
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

My only dealing with OCWEN was with a personal investment property. I would like to avoid at any cost their business. 

Apr 27, 2017 01:50 PM
Rainer
180,215
Harjeet Bhatti
FITH THIRD BANK - Chicago, IL
Home Mortgage Consultant 25 States

Yes, I did help one of my client almost 5 year back. It was modification and they did help my client. 

Apr 27, 2017 01:49 PM
Rainmaker
507,961
Jerry Murphy, CRS, SRES
Long Realty West Valley - Anthem, AZ
Anthem, Phoenix, and Scottsdale AZ Real Estate

Oh yes, many times.  Thankfully not for about 6 years now as short sales have pretty much vanished from our market.  But they were awful.  There weren't too many banks or processors that were good to work with come to think of it.  It's the Loss Mitigation Department for the banks so they don't invest money into staffing or training as the department is in the business of losing money. So you get a high turn over rate with people who don't really know what they are doing nor really care.  I'm so glad I don't have to do short sales any more.

Apr 27, 2017 11:09 AM
Rainmaker
1,514,305
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I think, all of them are very little interested in good relationship with us, agents. I'm right now negotiating with Nationstar, I feel, like an annoying fly to them... but I'm very persistent and polite fly:)

Apr 27, 2017 10:39 AM
Ambassador
3,037,439
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I did years ago. They were not easy to deal with nor were they impossible. We got approval and we closed. 

Apr 27, 2017 09:01 AM
Ambassador
1,616,354
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

we closed it

Apr 27, 2017 07:51 AM
Rainmaker
1,525,205
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Sorry, no.

Apr 27, 2017 07:35 AM
Rainer
353,510
Jim Cheney
Saint Francis Property Santa Rosa, CA - Santa Rosa, CA
Rincon Valley Realtor 707.494.1055

Nope

Apr 27, 2017 07:08 AM
Ambassador
4,558,329
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

No never have.

Apr 27, 2017 06:51 AM
Rainmaker
2,634,337
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Tough but when they gave in...things rolled and closed

Apr 27, 2017 06:50 AM
Rainmaker
5,571,343
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

no, but I'm sure you'll find someone here who has....

Apr 27, 2017 06:49 AM
Rainmaker
808,847
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Yes John has many times in the past, but not recently.  He got the job done with them.  -Kasey

Apr 27, 2017 06:36 AM
Rainmaker
1,157,485
FN LN
Toronto, ON

I am not familiar with them.

Apr 27, 2017 06:23 AM