Loan Modification Forum - LoanSafe.org - View Single Post - Bank of America

RJ2shields · 07-15-2009, 08:43 PM

I have been reading all your posts and have found them very helpful. We have a 1st and 2nd with BOA ( originaly Countrywide) . We originally listed our house for 749K and have dropped it to 699k > Our short term realator is listing at 675 ( what we owe on both mortgages) and will drop price 25k a week. At some point we ( hopefully) will get a buyer. I have seen 85 % and 80 % mentioned as what BOA will accept and not seek judgement personally against us. Has that been true ? Thanks

07-15-2009, 08:43 PM	#66 (permalink)
RJ2shields Junior Member Join Date: Jul 2009 Posts: 3 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Bank of America - Short sale with collectible Debt I have been reading all your posts and have found them very helpful. We have a 1st and 2nd with BOA ( originaly Countrywide) . We originally listed our house for 749K and have dropped it to 699k > Our short term realator is listing at 675 ( what we owe on both mortgages) and will drop price 25k a week. At some point we ( hopefully) will get a buyer. I have seen 85 % and 80 % mentioned as what BOA will accept and not seek judgement personally against us. Has that been true ? Thanks