I have a Michigan short sale. The foreclosure sale happened March 30. In Michigan we have a 6 month redemption period. I have the foreclosure sale price to redeem the first mortgage and 21st Mortgage is asking for $15,000+. With all closing costs and other costs on the seller side, I am $5000+ short. The sellers do not have $5000 to pay at closing!?!?
Anyone have any luck finding a way to crack the code to get them to lower their amount?
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