Old Republic as second...holding up short sale approval - Loan Modification Forum

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Old Republic as second...holding up short sale approval

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This is a discussion on Old Republic as second...holding up short sale approval within the Short Sale Outpost forums, part of the Foreclosure Process category; I have a short sale working with Bank of America as the first. The second was originally with BOA and ...

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08-28-2009, 07:00 PM	#1 (permalink)
amiesheikh Member Join Date: Jul 2009 Location: Northern VA Posts: 22 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Old Republic as second...holding up short sale approval I have a short sale working with Bank of America as the first. The second was originally with BOA and they did a charge off and now it's held by Old Republic. Anybody have any experience with them? BOA may only give them $1000 but they are saying they want $10,000. My BOA negotiator say they are ready to give us the approval but she needs to get in touch with the rep for Old Republic. She said they may give us a problem? Has anyone dealt with OR before? How quick are they to give an approval? Do they really have a lein over the property and can they stop us from closing on the sale? They sound like a debt collector to me.

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