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Home : Blogs : Chip Rowand : Chip's Blog

Short Sales and The Second Mortgage

I am having some success getting the second mortgage to waive their lien by writing in an addendum say on a $200,000 purchase that states that the first would get $195,000 and the second would get $5000. Has anybody tried this or have any thoughts on the tactic?

Posted by Chip Rowand on 07/06/2008 09:38 AM

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Chip Rowand

Weston, FL

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Short Sales and the second mortgae

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