Has anybody heard of Saxon asking for none refundable deposit before they will hold off a Trustee Sale? We have a great offer and we are asking for short sale approval from them.
The sellers sure don't have money - it's purchase money loan on both liens (Saxon is first), and they are losing their house. We know the buyers are not going to put none refundable deposit when there is not even approvals; not to mention they have to do inspections., etc.
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