Posted on April 20, 2011 at 6:16am 2 Comments 0 Likes
On this particular property I have been through 2 different Buyers and 4 appraisals, 2 by the lender. I know for a fact that all 4 came in around the same price. There is a 2nd and a 3rd which have been negotiated and approved. The Buyer is willing to contribute to the balance of the 2nd and the 3rd so there will be no deficiency notes. After we did everything that PNC Mtg requested from the "investor" BoA they came back to say they would rather go to foreclosure. Under the new law…
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