CT short sales with AHMSI
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Tuesday, November 29th, 2011 at 8:55am. 456 Views, 0 Comments.
$190,000 1st to AHMSI
$45,000 2nd to Citibank
After buying this home in 2006 for $235,000 my sellers were quite disappointed to learn that over the past 5 years their home had fallen in value to almost 50% of that figure. With a looming foreclosure on the horizon, the home needed to be sold and a short sale was the only option.
The home was on the market for about 5 weeeks with a few reductions until a buyer was secured. While Citibank was a breeze to work with as usual, AHMSI proved to be quite the opposite. The responses were slow, and the negotiators at AHMSI must be some aggravated or underpaid folks, as they have some of the worst bedside manner I've ever seen. AHMSI also likes to gouge for fees. Their demands for 1% from…