closed on a Citi, short sale yesterday. At first it was a pleasant experience. However, on the day of closing final Hud came in at $1385.00 more than earlier estimated Hud, Citi"s, negiotator (S.C), when asked to work with us in adjusting the figures: per her conversation, the agents, title co, seller and buyer's should make up the difference.
This seller has no money, has both been unemployed for about 5 months and was asked to make up the difference.
"Shame...Shame...for a company accepting tax payers bailout funds...now treating it's clients like beggers.
End result, negiotator gets credit for closing the deal meeting goals, sellers has to borrow money, agents had to futher reduce commission, title company reduce fees, Citi.. who knows.
Thanks (S.C)
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