I currently working on a short sale with Rushmore. There're holding firm on a 200K net with no regards to the certified engineer report. The engineer report states the property has about 40K in…Continue
"First, Thanks Brett for a quick response. I'm not sure who the investor is and yes I've spoke to management and they had the same sentiments as the rep. I'm kind of lost for words because there're not willing to budge. My next…"
"Tough situation. Who is the investor on the note? Can they be contacted or have you spoken to senior management at Rushmore about ordering a new value? I've seen small private investors who have recently bought non performing notes take their…"
I currently working on a short sale with Rushmore. There're holding firm on a 200K net with no regards to the certified engineer report. The engineer report states the property has about 40K in repairs to bring the property into compliance. They're claiming the investor will take no less than 200K net, regardless of any report to include appraisal also. One of my biggest concerns is the value placed on the property is the result of an agent exterior drive by BPO. How can a $50-$75 drive by BPO…See More
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