Mike Rigley Certified Default Advocate,
Distressed Property Expert and your short sale specialist here thank you for
joining us. Today let’s talk about our most recent Old Republic Short Sale
Well we now have a new
number one most hated West Sacramento Short Sale lender – Old Republic. They
are basically a debt collector and while they are probably pretty good at what
they do, I am willing to bet those who work there hate their jobs – how else
could you come into work every day knowing your mission is to get your way with
zero allowances or financially destroy someone else in the process. When we
were kids we called it being a spoiled sport.
At any rate Bank of America had the first, Old Republic
had the second. Bank of America was only willing to give 8%
or $2000 to settle the former Greentree second. Old Republic held out for
$7,000. We escalated until the cows came home and could not get a response from
Old Republic. We had checked with Bank of America about a month ago to see if
the buyer could pay the difference to Old Republic and they said no.
Fortunately after a month of getting nowhere with Old Republic, Bank of America finally relented and allowed
the buyer to bring in the $5000 difference to settle the second otherwise Old
Republic was prepared to let this property go to foreclosure to prove a point –
that they are the biggest jerks in Short Sales. Not even PNC is that cold hearted.
At the end of the day,
another homeowner is saved from foreclosure, a move up home buyer is getting a
great deal and it only aged me another 3 years.
Is a West Sacramento Short Sale Right for Me?
To get a better idea of when
your West Sacramento home will be worth what you owe, log
in to www.shortsaleandloanmod.info for a free
estimate or call me today for a free no obligation consultation or for the
latest West Sacramento short sale information. Call me
today and sleep better tonight; you’ll be glad you did
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