HI SUPERSTARS
JUST CHECKING IN TO SEE IF ANYONE HAS EVER HAD THIS SITUATION.
JUST GOT THE VALUATION FROM CHASE ON A SHORT SALE. THE PROCESSOR SAID THAT THE VALUE IS $1,500 PER THE APPRAISAL. THERE IS A CHASE 1ST AND A PNC 2ND.
THE APPRAISER SAID IT WAS A TEAR DOWN. THERE WAS A $50K APPRAISAL LAST YEAR BUT THE 2ND WOULD NOT ACCEPT THE PAYOUT
CERTAINLY NO ONE IS GOING TO WORK FOR 6% OF $1500. HOW CAN YOU PAYOFF A 2ND AND CLOSE WITH A VALUE OF $1,500?
ANY SUGGESTIONS?
Replies
Have you considered a 2nd lien cash settlement?
Brett@ishortsalenow.com
310-564-6389
www.ishortsalenow.com