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Adela - Greentree (like ALL Servicers) get threatened with "Bankruptcy" a great deal.....in the script the negotiators read to you from, they are SUPPOSED to call you out on this anticipating it is a bluff (b/c 99% of the time it is).
BEST MOVE -- have your Seller meet with a BK attorney and have that attorney send over a letter noting the circumstances....this works best......
GT WILL settle most of the time for 10% of the principal balance.
As ALWAYS, finding out who the Ivnestor is on the note is the best move for ANY short sale....
Ligia I noticed your post was almost 16 months ago, did you ever get the operation managers contact info? If you wouldn't mind I'd sure appreciate it, as I'm in a pickle with GreenTree myself and am see that these negotiators haven't changed much since your 16 month old post. Thanks in advance.
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