Started by Napua Lucas. Last reply by Thom Colby CA Brkr 888-391-5245 Mar 22, 2012. 1 Reply 0 Likes
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Hi! Working on a short sale and the second is through the City of Santa Clara. I see from the sellers original loan paperwork that First Horizon is the bank that backed the 2nd. Seller doesn't start paying on it until 2013. From my conversation with the city they would rather decline and allow foreclosure than accept a short sale (exact words). Any ideas? Would reaching out to First Horizon directly make a difference? Just seeking solutions before the problems come up. Thanks!
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