Jim Stewart's Blog (1)

Extortion from banks on short sales

I have two short sale listings where the mortgage company is Everhome Mortgage. They are requiring that I go through National Quick Sale for the actual short sale processing. The problem is that National Quick Sale wants up front money, one percent of the sale price plus another $250 processing fee for the "right" to do business with them even though I don't want to do business with them. They say the seller cannot pay the fees and that they must be listed on the HUD as coming out of my… Continue

Added by Jim Stewart on March 3, 2010 at 11:26am — 9 Comments

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