Started this discussion. Last reply by Patricia Henry Nov 13, 2010. 1 Reply 0 Likes
I have just received and approval on a short sale with CCO Mortgage...CCO Mortgage is the 2nd lien holder and BOA is the 1st lien holder.The contract is for $170,000 and the payoff for BOA is…Continue
Started Oct 21, 2010 0 Replies 0 Likes
I have a short sale in process. The first mortgage is BOA and the second is CCO Mortgage. The offer is enough to pay off BOA and the second is getting 50% of balance. So the 2nd mortgage is the only…Continue
Started this discussion. Last reply by Patricia Henry Dec 16, 2010. 3 Replies 0 Likes
I have a seller that owes about $164,000 total with 1st and 2nd mortgage. The home is value is around 150,000 tops. They have been unemployed but not behind on payments. But have exhausted all of…Continue
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