This is my first blog.  I need to know if anyone has information on who to contact in Golden1 CU.  I have a 1st CitiMortgage approving a Short Sale with the 2nd, Golden1 Credit Union, accepts 10% of the balance due as pay off.  What's my next step if 2nd lien refuses the amount, and requesting a higher amount? First Lien will contribute $2,154, Golden1 CU requesting $4,000.  No contributions from any other parties are accepted.    Can anyone help me save this file?

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Comment by Patricia Servin on March 17, 2012 at 2:48pm

The negotiator of CitiMortgage will only allow 10% of the 2nd liens balance on the HUD1.   He states no one can contribute.  Buyer already went up in purchase price by $10,000 but non of these monies are to go towards the 2nd for pay-off. Any thought or advise?  I have called both , 1st and 2nd supervisors and left messages, but still have not recieved any response.

Comment by Donny Piwowarski on March 17, 2012 at 12:01pm

Patricia,

Who is not allowing contributions from any other parties? the first lien holder or the 2nd? What is the purchase price on the sale

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