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First Name: Shanale

Last Name: Phipps

State: California

City: Modesto

Shanale Phipps's Blog

Navy Federal Credit Union Short Sale

Posted on June 3, 2011 at 5:53am 2 Comments 0 Likes

I have a short sale with Navy Federal Credit Union. The short sale was approved however the mortgage insurance company is requiring a promissory note from the seller of $15,000. Her CPA says that would send her into bankruptcy. The buyers are hanging in there but we are at an impass. Any ideas?

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