Bank of America is the first. They approved the short sale with a small seller contribution and a small promissory note. The second is receiving 3k from b of a. Balance is 38k. The second approved but will not take out the verbiage of retaining the right to come after the seller for the deficiency. I asked the 2nd if they would take a promissory note and he came back with 18k paid over 5 yrs. My seller thinks this is to high. Would it be best to close the deal with their 1st approval letter and let the seller negotiate after the sale or should we continue to try to get the promissory note down before closing, which is in a week?
Would love for you to share! What are three things that you find are the most important in dealing with the Equator website, if applicable? Thank you. I hope to hear from you soon. Have a fabulous Thursday afternoon.