Scott Cary's Blog – March 2012 Archive (1)

Short sale lender of the 1 & 2 won't allow 3rd to show ANY settlement on the HUD-1...any legal way to document?

We have a lender carrying the 1st & 2nd and the 3rd wants $6,000. or they won't participate!  The 1st and 2nd (same bank) won't allow payment to reflect on the HUD-1 and we want something that shows the 1st & 2nd are aware of the settlement to the 3rd so we can have a well documented file!

 

Is this deal dead...or is there a way to protect all parties and still close?

Added by Scott Cary on March 29, 2012 at 6:08am — 6 Comments

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