Tuesday, December 16, 2008

LENDERS LIE TO YOU ABOUT SHORT SALES!!! ACCEPT IT!!!

I was ASSURED 2 weeks ago the investor Ocwen (second lien holder) would not take less than $9500 as a payoff, I was told by THE SUPERVISOR at Ocwen this "fact" (I have not yet decided on whether or not to post names on here, likely I will as I get more and more disgusted).....Today I told them we were forced to miss closing b/c of the $9500 versus $8500 requirement (A COMPLETE LIE ON MY PART, BUT IF THEY CAN DO IT SO CAN WE, we missed closing b/c of buyer financing)....
However, the result:
Some How, Some Way via the "short sale fairy", she was able to get $8500 accepted today and we will close next week with a new buyer.....
POIONT -- Lenders ONLY have an obligation to be honest with the homeowner NOT YOU NOT EVER TO ANYONE ELSE!!!!
Know this for short sale success!!!!

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