Hello everyone. I have a last minute short sale i'm trying to get postponed. The sale date is this Wednesday, yes, 4/8. It's FHA. Normally i wouldnt take this but its a friend of a friend and this guy has been really depressed and has had his head stuck in the sand for the last 4 months.And he's a good guy. Havent done many shorts since National City became PNC.
Does anyone know of a supervisor or a contact in setup?
He might have better luck applying for a loan modification as that action will stop a foreclosure. A short sale will not. Besides, FHA requires waterfall steps anyway, so you're not out anything. Like Brett suggests below, without an offer you're hosed.
we have an offer...