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Permalink Reply by Vicki Lloyd on May 10, 2011 at 11:26am

My clients did a bankruptcy and the loan was charged off, but the lien remained on the house.  Now, in order to complete the short sale, Greentree has to cooperate and agree to accepting less than that loan amount.  You would think they would be thrilled to get $6000 on a loan that was written off, but so far they are not making it easy.

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Permalink Reply by Cameron Piper - Keller Williams on May 10, 2011 at 1:16pm

Make a settlement offer to the bankruptcy department. Most SS Negotiators aren't educated on how the bankruptcy process affects short sales.

Cameron Piper
Coldwell Banker Burnet
Licensed in MN

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