ING countered at max Market/appraisal value and Will not Pay Property Taxes, Foreclosure date coming

Hi all, anyone has an escalation contact, I have this file, Buyers are maxed out at market value, home will not appraise for more. property has due Taxes for $80,000 and ING said they will only pay $ 10,000

Sale date is coming in a few days and negotiator just called me for this and also asking Escrow Deposit to be 10% of total purchase price.

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Permalink Reply by Heather chamberlain on March 22, 2012 at 2:49pm

HI. Did you get an answer to your question? I need an escalation contact too. ING wont budge from $400k(which is over market), and I have 5 offers for $385k- one is all cash. My negotiator said ING would rather foreclose than take $15k less. I cant get past this negotiator... Please help!

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