"What if the 2nd wants more than what the first is willing to pay. Can the seller pay the difference? I have heard of people putting this in the HUD as POC or paid out of closing. Ive never had to do this yet but I just wanted to know if this is…"
"I agree with Joseph...how is this fraud if there's no offer on the table??? If Citi is willing to settle the 2nd for $2000 and both parties perform their duties according to the terms of the settlement, then how is this fraudulent. With shadow…"
"There's no offer on the table. This particular representative from Citi continues to email me that this is NOT fraudulent. It's a legitimate settlement offer. I told her to draw up the approval and terms and send…"
I was contacted by a CitiMortgage short sale dept. member and told that my client could have his second lien with Citi released by wiring $2k by Aug. 10th. She called it an "agressive offer". Is this legitimate?
Do you have any experience in Commercial Real Estate? If so, do you have the CCIM or any commercial designations? How many commercial transactions and dollar volume have you CLOSED?
I worked in commercial real estate for 10 years as a business manager. I refer commercial transactions to my network of commercial specialists.
About Me/Profile of yourself: - Please add your Brokerage Company name also!
Highly motivated on behalf of my clients! Working in real estate is my caffeine! Buyers love my research and thoroughness; sellers love my market absorption approach to pricing. Find me at RE/MAX Premier Properties -- no one in the world sells more real estate!
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July 20, 2010
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