View Full Version: How Is US Bank On Short Sales?

How Is US Bank On Short Sales?

ConfusedMomma
2008-01-17 19:59

Has anyone done a SS with US Bank? Just wondering if they are easy (and fast) to work with...

Thanks!


MortgageGurl
2008-01-26 15:58

They are only approving them if they seller is willing to sign a promise to pay for the difference.


ArtMartin
2008-01-27 00:44

This is not a good answer! I hope the lawyer can negotiate it or else it's going to be a dead deal.


MortgageGurl
2008-01-27 12:19

Is the loan the original purchase money loan and what state?


ConfusedMomma
2008-01-27 23:09

US Bank holds the 1st loan at $840,000. They do not hold the 2nd loan (which is around $190,000).

The property is valued LOWER than the 1st...

The state is California.


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