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markmc2000 · 05-03-2009, 05:05 PM

Hi finally,

Each lender I think operates differently. I have been told on the phone by one lender that they will somtimes delay if they get a hardship letter from you and are considering a short sale. However, I have no idea how long. I think the lender would definitely delay if you have an offer for them to review. I think they still may drag their feet, but it is in their best interest to consider an offer on the table rather than the hassles of forclosing. I know I have an offer on the table with countrywide and they are jerking me around by not loggin in my deal, and saying the have orderd a BPO when they have not. I would consider a really agressvie price on the short sale. I had my place priced at market value and no traffic. I have dropped it another 15%. I want to get an offer to work with and get the ball rolling, I don't really care if the banks get $50k or $$75k. I just want to get this monkey off my back...

05-03-2009, 05:05 PM	#13 (permalink)
markmc2000 Senior Member Join Date: Nov 2008 Posts: 87 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: National City Heloc Settlement Advice Hi finally, Each lender I think operates differently. I have been told on the phone by one lender that they will somtimes delay if they get a hardship letter from you and are considering a short sale. However, I have no idea how long. I think the lender would definitely delay if you have an offer for them to review. I think they still may drag their feet, but it is in their best interest to consider an offer on the table rather than the hassles of forclosing. I know I have an offer on the table with countrywide and they are jerking me around by not loggin in my deal, and saying the have orderd a BPO when they have not. I would consider a really agressvie price on the short sale. I had my place priced at market value and no traffic. I have dropped it another 15%. I want to get an offer to work with and get the ball rolling, I don't really care if the banks get $50k or $$75k. I just want to get this monkey off my back...