APPRAISAL VALUE OF SHORT SALE

HI SUPERSTARS

JUST CHECKING IN TO SEE IF ANYONE HAS EVER HAD THIS SITUATION.

JUST GOT THE VALUATION FROM CHASE ON A SHORT SALE. THE PROCESSOR SAID THAT THE VALUE IS $1,500 PER THE APPRAISAL. THERE IS A CHASE 1ST AND A PNC 2ND.

THE APPRAISER SAID IT WAS A TEAR DOWN. THERE WAS A $50K APPRAISAL LAST YEAR BUT THE 2ND WOULD NOT ACCEPT THE PAYOUT

CERTAINLY NO ONE IS GOING TO WORK FOR 6% OF $1500. HOW CAN YOU PAYOFF A 2ND AND CLOSE WITH A VALUE OF $1,500?

ANY SUGGESTIONS?

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Permalink Reply by Short Sale Superstars LLC on March 9, 2016 at 11:26am

Have you considered a 2nd lien cash settlement?

[email protected]

310-564-6389

www.ishortsalenow.com

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