I have a short sale with BofA as the 1st and PNC as the 2nd. PNC wants $15,000. BofA will only give them 8%. I got the buyer to kick in some more and both myself and the other agent are kicking in some commission. We are offering them about 50% of wh
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On August 10, Greentree, as second lien holder, sent conditional approval for $20,0000, with deadline of Sept. 21. They were told that CITI as the 1st lien holder will only approve $8,500. Greentree negotiator said to
i need help to better understand this.... More and more, I'm seeing this situation (and proposed strategy) to help get the second lien holder to cooperate with the short sale by having the buyer write in an addendum that buyer will agree to contribu
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