I have been trying to get a short sale approved on a condo via Equator. I escalated the file and resubmitted and now the counter offer is even higher than the 1st time the file went through. Original counter was $72K now they countered first at $85K and now $75K with a 7K promissory note or 3K cash contribution and not paying a lot of fees - such as lawyer, wire, transfer and 2nd lien because they claim I did not give them 2nd lien holder's info though I put it in the comment section where they made their request.
Buyer is ready to walk! Offer is 66K which was only $6K off from original counter. Over 70 active listings in subdivision with 2 closed at 60K and 66K in last month.
Who can I call at Fannie Mae for a escalation. I can't find number or servicing agreement between BOA and Fannie online.
Any Help will be appreicated!
Evelyn
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