Share '% liens will take to settle versus seller BK?'
Short sale approval/2 liens. Problem is 2 non-related liens for 90,000 and 11,000(credit card) placed on property. 1st lien(Wells/Freddie Mac)will not allow any funds from short sale to go to the two extra liens. Seller has no money.
Seller fed up and has BK attorney. Already paid retainer.
Want to try paying some monies from buyer side to 2 extra liens. What % will entice? If alternative is BK?…
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