This week’s Preforeclosure “Tip of the Week” from PreforeclosureDailyGrind.com’s Bob Lachance and Chris “the Drummer“ Bowes covers the tricks on how to get a 1st lien holder to allow a 2nd lien holder more money than the standard $3000 that the government is allowing on the “new” government short sale program, which starts in April. Listen in as we tackled a current deal where we got Saxon Mortgage (the 1st Lien Holder) to give HSBC and their Recovery Department (the 2nd Lien Holder) enough money to give us a “Full Satisfaction”, our upcoming Short Sale Bootcamp and much much more. Visit www.PreForeclosureDailyGrind.com for more short sale videos and www.ManageMyShortSale.com for the “industry best” short sale and loan modification management tool.

2 Responses to “How to Get a 2nd Mortgage What They Desire on a Short Sale!”

1. Lyn Weight says:

   February 10, 2010 at 10:10 am

   You’re sending additional offers in after an initial offer is in negotiations?
   Thanks, Lyn

   Reply
2. Bob Lachance says:

   February 10, 2010 at 11:42 am

   Lyn,

   No. This is only when the initial offer falls apart for some reason or another. In this deal the 1st buyers funding fell apart so we needed to find another buyer.

   Reply