Robin Watson-Bird's Blog (1)

US Bank 2nd is Requiring Seller to Agree to Repay entire Deficiency Amount BEFORE they will review for a Shore Sale-how crazy is that?

I am in my 4th year of doing pretty much nothing but short sales and I have never run into a bank that is so unreasonable as US Bank.We have an original purchase money first wuth Chase and a refi 2nd with US Bank of $46K. The cash from the refi paid for the kitchen remodel that was done. Seller got married and then husband was relocated to another state for work. Both are short selling in CA.

I thought this would be pretty easy with the first being original purchase funds in…

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Added by Robin Watson-Bird on August 1, 2010 at 10:00pm — 2 Comments

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