Shanale Phipps's Blog (1)

Navy Federal Credit Union Short Sale

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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Added by Shanale Phipps on June 3, 2011 at 5:53am — 2 Comments

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