Jody Hoffman
  • Female
  • Saint Louis, MO
  • United States
  • Missouri
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First Name
Jody
Last Name
Hoffman
State
Missouri
City
St. Louis
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Realtor with Keller Williams Realty St. Louis.

Jody Hoffman's Blog

End of the Line?

Posted on July 14, 2010 at 12:51pm 2 Comments

Bank of America is the primary lien holder (pay-off is $374,000 + taxes/liens/etc over 19 months).

Chase is the junior lien holder (pay-off is $136,000).

Seller filed bankruptcy so there is no recovery.

I have an offer for $370,000, which gives BoA $342,920 at the end of closing.

BoA will offer NO MORE than $5,000 to Chase.

Chase says, "Don't come back with less than $34,000." (Notice the similarity in the numbers there?)



Has anyone had luck in getting Chase to… Continue

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