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Moe Bedard · 02-01-2009, 06:31 PM

Hi keyluvs2travel,

Welcome to the forum and thank you for joining.................

What state is the property in?
What happened to the $96,000 difference between the purchase price and the loan amounts?

you had mentioned............

I decided to short sale the home, but the realtor Im working with decided to low ball CW at $250,000 and CW declined the offer.

CW requires that a property be on the market for at least 60-90 days before they will consider a short sale............
when you mention that the realtor decided to low ball CW...........did that mean that the realtor that you hired to list your property was trying to buy the property themselves through a short sale...........or were they marketing the property at a price that wasn't approved first by CW and then presented CW with a contract that came in at that price?

02-01-2009, 06:31 PM	#2 (permalink)
Moe Bedard Founder Join Date: Aug 2007 Location: Southern California Posts: 16,887 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Country Wide 1st and National City 2nd Hi keyluvs2travel, Welcome to the forum and thank you for joining................. What state is the property in? What happened to the $96,000 difference between the purchase price and the loan amounts? you had mentioned............ I decided to short sale the home, but the realtor Im working with decided to low ball CW at $250,000 and CW declined the offer. CW requires that a property be on the market for at least 60-90 days before they will consider a short sale............ when you mention that the realtor decided to low ball CW...........did that mean that the realtor that you hired to list your property was trying to buy the property themselves through a short sale...........or were they marketing the property at a price that wasn't approved first by CW and then presented CW with a contract that came in at that price? __________________ Moe Bedard Founder LoanSafe.org "America's #1 Home Loan Forum" LoanWorkout.org "America's # Loan Modification Blog" Get My FREE Loan Modification E-Book \| Please donate to LoanSafe.org \| Loan Modification Training For Attorneys \| Rate Your Mortgage Servicer The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.