I've got a BOA/HUD short sale approval but 2 junior liens (a local bank and a mechanics lien, both have judgements) that won't accept the $1500 ($750  each) offered by HUD/BOA.  The homeowner filed bankruptcy last year but the liens weren't removed because the homeowner is not occupying the property.  How do I make this short sale work?  My BOA negotiator says I can get payout letters from the junior lien holders and request a variance from BOA/HUD to give them more money.  No guarantees it will work, though.  I have heard HUD/BOA won't give more than the $1500; I have also heard that they might.  So I'm confused about that.  Then I lost the buyer so now I'm back on the market and trying to find another buyer.  I'm getting some cash buyers that are interested and I'm wondering if I can work out something where the cash buyer pays what the junior liens want along with the BOA short sale on the first mortgage.  How do I pull that off?  Or, what direction should I go with this? 

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Lower your commission or have the seller bring in the money.  Junior liens remain in a Chapter 7.

Well - you actually have $2500 to play with, as BOA wont pay that $1500 until your seller contributes their $1000 incentive. 

If that wont cover it, I would try to get the seller to contribute.

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