tier one: "OUR BANK POLICY IS TO NOT ACCEPT SHORT SALES"
- 08/17/10 09:17 AM
I recently blogged about a short sale I have listed where we had a very strong offer and the bank told me "OUR BANK POLICY IS TO NOT ACCEPT SHORT SALES". UPDATE: The bank was Tier One - I was told last week they have been shut down by the government - anything anyone knows on this would be greatly appreciated! (1 comments)
tier one: "OUR BANK POLICY IS TO NOT ACCEPT SHORT SALES"
- 03/16/10 01:47 AM
"OUR BANK POLICY IS TO NOT ACCEPT SHORT SALES" - This is the exact words in an email I just received from Tier One. The entire package had been submitted and at first I was told by Tier One that the net proceeds were not enough and it would have to be within a certain range in order for them to consider accepting it. When I accomplished getting them the amount they stated they needed to net I was instructed to submit a new HUD and it would be submitted for approval. Less than 8 hours after I submitted the new HUD (2 comments)