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Any help in shortsales for Disable Vets???

Posted by Charlotte Lloyd on May 14, 2013 at 6:07am in Short Sale Discussions

I have a situation where a disable veteran was transferred to another area with his job. He is trying to short sale his home. He is not behind in his payments but upside in value. The first is fine. The second which is with 21st mortgage wants almost 60+ thousand. The home will not appraise to allow the second what they want. They will not budge. Any suggestions other than foreclosure. Any government agencies out there who will help a disable veteran negotiate this. This is not a VA loan.

Thanks in Advance.

Charlotte

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Replies

Kevin - Greenville, SC May 16, 2013 at 9:14am

Not sure if this is applicable, but...

https://www.hmpadmin.com/portal/resources/docs/counselor/presentati...
Charlotte Lloyd May 16, 2013 at 8:33am

Its the second lender at 21 st mortgage thats problem. The first has a hafa approval. Second wants 60k which puts the home almost 50 over a high appraisal.
Kevin - Greenville, SC May 16, 2013 at 7:59am

What type of loan is it? Who is the Servicer?

This reply was deleted.

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