Real estate blog entries tagged with short sale by Dennis Foley (Prudential Plus Realty)

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Home : Blogs : Dennis Foley : Dennis Foley's Blog : Tag "short sale"

short sale: Some Short Sale Advice....from someone who knows.....Ben Curry - 04/14/10 10:40 PM

Question from agent: "I've been working on a file with BofA. [Countrywide] first and HSBC second. HSBC responded immediately several months ago wanting $7500. BofA responded with a counteroffer a few days ago wanting $5k more from the buyer, $3k to the HOA lien, and 0, nothing for HSBC. HSBC insists on $7500.Sellers live elsewhere and do not want to pay anything. What do you suggest beyond contacting the negotiators which I've already done? The first is not Fannie, Freddie, FHA or VA and, despite no payments since 10/09, it has no lis pendens [nod]. So, now what?" Diane Butler
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Dennis Foley

Westerville, OH

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Prudential Plus Realty

Address: 285 S. Liberty Street, Powell, OH, 43065

Office Phone: (614) 880-2800 x 79

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