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Open House Sunday 2/1/2009 From 1 to 4pm
Bank of America Short Sale Approval
Has anyone else encountered a lender negotiatiating a short sale that will not allow any seller concessions. I just found out today that Bank of America will not allow any credit for closing even if the buyer goes above the approval amount.
I actually lost this buyer today and was stunned that they would not entertain the offer even though they are going to net more than the other offers I have. So now I'm scrambling to find a buyer to help close this short sale soon.
I learned something new today I hope you did too.
Open House 1/17/2009 2940 Bent Oak Lane Morgan Hill, CA 95037




2940 Bent Oak Lane Morgan Hill, CA 95037




351 Jefferson Dr. Brentwood, CA 94513




A question for negotiating a second lien for a short sale.
Has anyone had any experience with negotiating a short sale for Travis Credit Union or Wells Fargo? If you have I would like to know what approximate percentage they might ask for from the first and or seller in order for the to approve of the sale. Thanks in advance for all of your suggestions and help.
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