Real estate blog entries tagged with lcs short sales by Wendy Rulnick "Its Wendy!" Destin FL Short Sales (Rulnick Realty, Inc.)

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Home : Blogs : Wendy Rulnick "Its Wendy!" Destin FL Short Sales : Destin Short Sales & Real Estate Blog : Tag "lcs short sales"

lcs short sales: Ocwen-LCS Won't Budge - 09/03/08 07:43 PM

Short Sale -Condo in Destin, Florida
Hardship - Seller in the Mortgage Business - Loss of Income
ASC, first - owed $420,000
Ocwen, second - owed $280,000
Market Value - $280,000
Offer - $277,000 (fair market value)
Ocwen -has sent the loan to LCS for colllection/buy-out
LCS - Wants $43,000 from seller at closing plus promissory note for $150,000, otherwise, will not approve Short Sale and will "pursue all other legal options".
Seller has no savings.
Wendy Rulnick gets ASC and buyer to agree to pay OCWEN/LCS $12,000.
Denied.
It's Wendy!
Wendy Rulnick, Broker, CRP, CRS, GRI, ABR Rulnick Realty, Inc.
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Wendy Rulnick "Its Wendy!" Destin FL Short Sales

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Address: 12889 Emerald Coast Pkwy West, Ste. 107-A, Destin, FL, 32550

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