denial: Brick Wall On a Fifth Third Short Sale, Need Help! - 07/18/11 01:03 AM
I have not run into such a brick wall in the hundreds of liens I have negotiated.
5th 3rd prefers ZERO dollars over $4,500 in a short sale now. Any suggestions?
I am helping my client with a short sale on an investment property. Sales price is $175,000. The first mortgage, Citi, is taking a short sale and allocating $4,500 towards the second mortgage, which is 5th 3rd.
5th 3rd wants the entire remaining balance of $40,000 to be repaid by the seller. 5th 3rd wants the seller’s current 2nd mortgage on the investment property to be transferred as a third … (2 comments)

denial: Turned Down for Loan Modification in Louisville, KY? Try HAFA Short Sale - 07/24/10 03:56 AM
Did your loan modification get turned down? Did the bank say you make too much money? Not enough money?
How about this:
Did your lender deny a loan modification that you didn't even request?
Or this:
Did the bank approve your loan mod but you don't want it because the bank only lowered your payment by 20 bucks?
There are solutions to avoid foreclosure:
All these scenarios are playing out in millions of households across the nation.
If the house payment is draining you and bringing financial disaster, and you owe more than the house is worth, it is time to … (3 comments)