Amy Martin's Posts - Short Sale Superstars2024-03-29T08:54:05ZAmy Martinhttp://shortsalesuperstars.com/profile/Amyhttp://storage.ning.com/topology/rest/1.0/file/get/7943123260?profile=RESIZE_48X48&width=48&height=48&crop=1%3A1http://shortsalesuperstars.com/profiles/blog/feed?user=05mhqnz7cly4c&xn_auth=noHow To Negotiate a 2nd Lien HELOC Short Sale once outsourced or collection agencies?tag:shortsalesuperstars.com,2010-07-19:3468065:BlogPost:388882010-07-19T21:37:17.000ZAmy Martinhttp://shortsalesuperstars.com/profile/Amy
I have a 2nd HELOC, not a purchase money which is now with Focus Management Group, originally with Wells Fargo. Having a tough time getting a buyer that will come out with substanstial amount. My seller will not come out with no monies (unemployed) nor settle with a promissory note. BofA as the 1st position will only give $3,000.00. Am I on a deadlock here?<br />
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I have a 2nd HELOC, not a purchase money which is now with Focus Management Group, originally with Wells Fargo. Having a tough time getting a buyer that will come out with substanstial amount. My seller will not come out with no monies (unemployed) nor settle with a promissory note. BofA as the 1st position will only give $3,000.00. Am I on a deadlock here?<br />
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<p class="ecxMsoNormal"><span style="FONT-FAMILY: 'Calibri','sans-serif'; COLOR: #1f497d; FONT-SIZE: 11pt">"The balance amount on the loan is $259,405.33. 20% of this amount will be $51,881.07 the lien will be release with no deficiency balance or 10% $25, 941.00 for lien release only."</span></p>
<p class="ecxMsoNormal"><span style="FONT-FAMILY: 'Calibri','sans-serif'; COLOR: #1f497d; FONT-SIZE: 11pt"><span style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: #1f497d; FONT-SIZE: 10pt">Loren Hill</span></span></p>
<p class="ecxMsoNormal"><span style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: #1f497d; FONT-SIZE: 10pt">Collection Manager</span></p>
<p class="ecxMsoNormal"><span style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: #1f497d; FONT-SIZE: 10pt">Focus Receivables Management, LLC</span></p>
<p class="ecxMsoNormal"><span style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: #1f497d; FONT-SIZE: 10pt">Direct... (678) 228-0010</span></p>
<p class="ecxMsoNormal"><span style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: #1f497d; FONT-SIZE: 10pt">Fax... (678) 228-0018</span></p>
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