All Discussions Tagged 'first' (4)

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Short Selling after Receiving First Time Homebuyer Tax Credit

Seller received the initial $7500 first time homebuyer tax credit.  She is now upside down and unable to find work and needs to relocate. …

Started by Janna Rankin Scharf

4 May 6, 2012
Reply by Jane Myrenget

Short Sale on an IndyMac 2nd - Questions....

I would love some input here!  I have a new SS transaction with BAC as the FIRST, which is not being shorted, and IndyMac as the 2nd.  BAC…

Started by Michelle L Houze PLLC

2 Apr 15, 2012
Reply by Michelle L Houze PLLC

2nd Loan or Mortgage is Higher Balance Than 1st Loan or Mortgage - HAFA Short Sale ?

The 2nd mortgage is a Home Equity Line and balance is significantly more than the 1st mortgage. So, 1st mortgage would be paid in full with…

Started by Sara Mehrpouyan Los Angeles CDPE

7 Feb 12, 2012
Reply by Donna McClelland

Multiple lenders short sale

I am currently working a short sale where the offered price pays the first mortgage holder (VA loan) in full, and has about 60% for each of…

Started by Jill Ford

8 Dec 12, 2011
Reply by Cody Lampariello

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