Tags:
HI Bryant! I am just writing to let you know I closed this short sale out today!!!! So wonderful. We had a lot of bumps in the road but it had more to do with the buyer. CCO Mortgage was great to work with, the only issue I had was they wouldn't pay seller concessions and my sellers couldn't pay it, so the buyer had to come up with his own closing cost and prepaids money. So glad its over. The first mortgage was Bank of America and they were paid in full. CCO Mortgage received 21K out of 29K that was owed. So all in all it was a good day for everyone all the way around.
Thanks for your help!
Patty
Bryant Tutas said:
Patty. You only have to negotiate with the 2nd. The 1st is being paid in full so does not participate in the short sale at all. It sounds like a pretty straight forward deal. Get a letter of authorization over to the 2nd then call them and they will tell you what you need to do.
© 2024 Created by Short Sale Superstars LLC. Powered by
Short Sale Superstars, LLC and www.ShortSaleSuperstars.com does not endorse the real estate agents, loan officers, attorneys, real estate brokers and other participants listed on this site. These real estate profiles, blogs, blog entries and forums are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a short sale. Short Sale Superstars, LLC takes no responsibility for the content on these pages that are written by the members of this community.