Started this discussion. Last reply by Garrett McCargar Jul 26, 2011. 3 Replies 0 Likes
I have been working a short sale for several months and have been told that although we have an offer at an accepted price, the investor will not postpone the trustee sale because the account has…Continue
Posted on March 5, 2012 at 2:21pm 0 Comments 0 Likes
I am negotiating a short sale with ETrade as the investor for a HELOC with a balance of $47,000, serviced by CLC. The negotiator says ETrade is demanding $18,880, roughly 40% and the first has offered $4600, up from their original $3000. I can't get ETrade to budge after months, and we have already lost one buyer and are about to lose a second. Any advice on dealing with ETrade? Please do not advise paying down the second 'off the HUD' or any other illegal practices. Thank you!
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