Comment

Comment by Ben Benita on February 17, 2010 at 9:35pm

not much an attorney can likely do unless he is VERY well versed with the lender's legal department as ANY short sale consequences are ALWAYS dictated by the "Investor" on the note.....I have been doing short sales full time for 4 years and to date, NEVER heard a lender successfully go after an owner......I could go on for pages about why they likely will not, BUT keep in mind, your lender will have the same deficiency rights if you choose to let the home go to foreclosure....my 2 cents, do the short sale and move on with your life.

Comment by Wendy Rulnick on February 10, 2010 at 1:23pm

Greg - Your Realtor is just relaying the information. Normally, approval letters will not be changed. Get a copy of the approval and have your attorney advise you. Your Realtor will welcome the input, as well.

Comment by Dominique Van Ryckeghem on February 5, 2010 at 8:00am

What are the numbers? What is owed and what are they getting?

Comment by Greg Pavlov on February 3, 2010 at 7:45am

It's my first mortgage, and my realtor is the only one who has talked to Wilshire so far. Would you suggest I start talking to the negotiator on the Wilshire side?

Comment by Kynse L. Agles CDPE on February 3, 2010 at 6:54am

They will pursue the deficiency judgement. Is this on a first or a second mortgage? They will give a full release see my Wilshire Credit Corp page. It takes time and energy to get it. Who is your negotiator?