MILITARY SELLER-2 LEINS

HI,

I HAVE AN ACTIVE MILITARY SELLER WHO IS CURRENT ON HIS MORTGAGE. HE HAS BEEN ASSIGNED TO ALABAMA FOR THE PAST 2.5 YEARS & RENTED THE HOME UNTIL 2 MONTHS AGO. TENANT HAS MOVED.

HE HAS NOW RECEIVED A PCS (PERMANENT CHANGE OF SERVICE) TO GERMANY BEGINNING JANUARY 2016.

THE HOUSE IS ABOUT $50K UNDERWATER & HE CAN NOT AFFORD TO CONTINUE TO PAY THE MORTGAGE AND WANTS TO SHORT SELL.

ANY SPECIAL PROVISIONS FOR ACTIVE MILITARY?

1ST LEIN IS OCWEN, 2ND LEIN IS CITI. (THIS IS NOT A VA LOAN)

0 members like this

▶ Reply to This

Replies to This Discussion

Permalink Reply by Short Sale Superstars LLC on August 26, 2015 at 4:15am

It will depend on who the investor is, but it sounds like a valid hardship as he is facing imminent default and relocation. I'd submit it Ocwen for review.

[email protected]

310-564-6389

www.ishortsalenow.com

▶ Reply

Permalink Reply by Wendy Rulnick on September 8, 2015 at 6:04am

PCS is usually hardship with the VA!

▶ Reply

RSS

Welcome to
Short Sale Superstars

Sign Up
or Sign In

Or sign in with:

Members

View All

Badges | Report an Issue | Terms of Service

Short Sale Superstars, LLC and www.ShortSaleSuperstars.com does not endorse the real estate agents, loan officers, attorneys, real estate brokers and other participants listed on this site. These real estate profiles, blogs, blog entries and forums are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a short sale. Short Sale Superstars, LLC takes no responsibility for the content on these pages that are written by the members of this community.