Real estate blog entries tagged with rural housing short sales by Paul Jerome (Seller Helps Buyer)

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Home : Blogs : Paul Jerome : I Buy Florida Short Sales : Tag "rural housing short sales"

rural housing short sales: Rural Housing Short Sales - 02/06/09 10:47 PM

I hold a junior lien on a property where the first mortgage is in default. The first mortgage is a rural housing loan. One of my experienced loss mitigation negotiators worked with the seller for a couple of months to have the first mortgage verbally agree to a short payoff. This was at the end of 2008 and this was communicated to the real estate listing agent. The listing agent and my negotiator agreed at that time that the lender's value assessment was too high and that they would work together to challenge the value before requesting a formal short payoff … (0 comments)

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Paul Jerome

Clearwater, FL

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Seller Helps Buyer

Office Phone: (702) 430-9390

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Do you have a Florida short sale? Call me. 702-430-9390 I'll Buy it! Paul at SellerHelpsBuyer dot com

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