Title company is threatening to refuse to issue title.
The first lender servicer (SPS) is refusing to put on its approval letter a payoff to the second.
They say they NEVER have done this in a non-HAFA short sale. They defend by saying they don't have
I have a deal right now where CITI and the investor have agreed to the short sale but the MI company is only allowing the 2nd lien $1K and that note is around $50K. The 2nd lien is GMAC and they won't accept anything less than $5K. This battle over
Read more…Has anyone worked or closed a short sale with Primary Financial Services, LLC based in Phoenix AZ? They are the collection company Wells Fargo Home Equity sells off to. I'm working a file where Wells is the 1st and PFS is the 2nd. Wells has agreed to
Read more…So I just found out that a title company prospected my seller after we went under contract on her short sale telling her they could negotiate her deal so she didn't have to pay someone else to. Has anyone else heard of this or had it happen to them??
Read more…
**********************************
like buttons
************************