Anyone ever heard of this one before? Bank holding 1st willing to accept our deal (in Florida) - 2nd mtg. not willing to cooperate and take less.... Sale date at end of month. 1st bank advises me to instruct BUYER to purchase at the Courthouse sale - their attorneys will be aware of the deal (we do have a full price offer) and they will still pay myself and selling agent our commission. (Bank negotiator says since 2nd lien holder unrealistic - this will knock them out of picture.)
SHOULD I BELIEVE THEM?? Buyer & buyer's agent skeptical and nervous! PS this is not BOA this is Kondaur Capital in California.
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