This is my first blog. I need to know if anyone has information on who to contact in Golden1 CU. I have a 1st CitiMortgage approving a Short Sale with the 2nd, Golden1 Credit Union, accepts 10% of the balance due as pay off. What's my next step if 2nd lien refuses the amount, and requesting a higher amount? First Lien will contribute $2,154, Golden1 CU requesting $4,000. No contributions from any other parties are accepted. Can anyone help me save this file?
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Comments
The negotiator of CitiMortgage will only allow 10% of the 2nd liens balance on the HUD1. He states no one can contribute. Buyer already went up in purchase price by $10,000 but non of these monies are to go towards the 2nd for pay-off. Any thought or advise? I have called both , 1st and 2nd supervisors and left messages, but still have not recieved any response.
Patricia,
Who is not allowing contributions from any other parties? the first lien holder or the 2nd? What is the purchase price on the sale