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HELP!! Litton Loan NOT willing to reduce approved price to buyers appraisal.... Need to Escalate

Posted by Juan Reyes on May 5, 2010 at 8:16am in Short Sale Discussions

I'm having an issue with Litton Loan.

 

The Short Sale was approved, but buyers appraisal came in $9,000 short due to the condition of the pool. I supplied a pool inspection report to the negotiator to show the condition of the home. The negotiator is not willing to reduce the price any. He is willing to kill the short sale over $9,000!!

Does anyone have an escalation contact for someone at Litton that can make things happen?

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Replies

  • Christina Sheppard March 29, 2011 at 4:55pm

    Hi,

     

    I have a file I will need to escalate with Litton.  Can you give me contact info for next chain of command.  I have been working with a short sale closer at Litton on this file.  I have a negotiators name and number from a few months back but have not worked with him since I received a contract.  Any help is appreciated!!


    Len McGuirk said:

    Juan,

    If you haven't resolved this issue yet, let me know. I have the entire chain of command up to the President at Litton. I am always willing to help someone.
  • Len McGuirk May 23, 2010 at 6:46pm
    Juan,

    If you haven't resolved this issue yet, let me know. I have the entire chain of command up to the President at Litton. I am always willing to help someone.
  • Ryan Smith May 12, 2010 at 1:39pm
    Hey Juan, has this matter been resolved? Who is the negotiator you're working with? I just closed a deal with Litton and they lowered their net to match the lower appraised price. It was almost a $30K difference.
This reply was deleted.
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