I am working an offer that has been submitted to Cenlar (primary mortgage). This is a short sale offer, however a good offer for the home value. Cenlar is using Bayview financial for the transaction - and the ultimate investor is unknown.
The seller is CURRENT on their payments however it seems being forced into stopping payments to try and get some movement on this SS.
We have been trying to get Bayviews answer for months but I can't get a yes or no out of them so thought I would post a few questions here in case anyone has experience with these lenders...
1 - has anyone had experience with a seller that is current on their mortgage trying to get a SS approved from Bayview?
2 - any advise to get some movement from them?
The seller is hoping to not miss payments but with it taking so long they might be forced to.
The buyer is also growing antsy.
Thank you.
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