Thread: Major bank employee says "if we could get $1,000.00 towards our second we'd be happy"
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GDSOB GDSOB is offline
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Join Date: Jan 2002
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The second mortgage holders will generally take 10% of the lien as a first offer on any short sale. $1000 is not unheard of, since they will get zero if it goes to FC.
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Old 10-11-2007, 08:22 AM
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