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Short Sale Question

Posted on: 26th Jun, 2008 08:32 am
Hi --- I have had my townhouse on the market since April of 2006 with a couple offers, but nobody qualifies for the loan. It is in Cambridge, MN (30 minutes north of Minneapolis) It is appraised at $152,000 and I currentlly have it listed at $109,500. I have a first with Chase and a second with Countrywide. Has anyone else heard that Countrywide does not do shortsales??
i've not heard that.
Posted on: 26th Jun, 2008 02:16 pm
Hi tammyandmarc .

Welcome to the forum.

You need to contact with Countrywide again. They do accept short sale but it may take a bit time. You can hire a real estate agent who has the experience on short sale. He may help you out.

Feel free to ask if you have any more questions

Best of luck,
Larry
Posted on: 27th Jun, 2008 03:17 am
SECONDS do not like to do Short Sales
CW does short sales... They just dont want to agree to get cut out of the picture.........

Good Luck
Brian
Posted on: 27th Jun, 2008 06:09 pm
What is the short sale ?
Posted on: 29th Jun, 2008 07:48 am
Posted on: 23rd Mar, 2009 12:11 am
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