Well, I must admit that I have never lost a deal due to "2nd lien holder not agreeing" to pay off. I have hear Realtors complaining about it all the time. I just never had any issues, I usually fight very hard on this ones and I always get them my way.
My problem comes that the actual negotiator is telling me he sees in NO WAY E*TRADE will accept less. He states he has never seen ETRADE making discounts... I've been told this many times before, but some reason I expect this one to be much harder... Also, they take forever to reply. My complete packet was sent on Feb 26, and I got response today. But we will close before the end of the month!
BTW, on March 16, I just got the sale date postponed! Which means I have rescued them from Foreclosure!
Any guidance? Any higher contacts?
I have talked to a nice lady at excutive resolution , but should I try something different?
Any feedback will be greatly appreciated!
Thanks!
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How did this turn out? I have E-trade as investor on 2nd, SLS servicing and the first is Fannie Mae owned and will not allow more than 6k, even if buyer or agents contribute. Stuck, can't do anything illegal off the HUD and 2nd not accepting $6k.