Rick Booth
  • Orinda, CA
  • United States
  • Orinda
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Buyer's Lender Wants Short Sale Approval Letter From Fully Paid Off 1st

Started this discussion. Last reply by Thom Colby CA Brkr 888-391-5245 Sep 6, 2012. 2 Replies

Have any of you run into this? The buyer's lender is insisting on a letter from the seller's 1st lienholder approving the short sale. The seller is only short on the 2nd lien (for which we have…Continue

PNC Bank 2nd Refusal on 85+% Pay-Off

Started this discussion. Last reply by Brian Avery Aug 7, 2012. 3 Replies

We were surprised to receive a quick decline of a sale which pays off 85% of the PNC second. Is this their standard approach to try to get seller contributions?Continue

 

Rick Booth's Page

Profile Information

First Name
Rick
Last Name
Booth
Are you a...
Agent
State
Orinda
City
CA
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Experienced broker with substantial experience listing and closing short sales and REOs.

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