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Frank S.
  • Specialist
  • Chicago, IL
343
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870
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TFC Shortsale Relocation Costs for Seller

Frank S.
  • Specialist
  • Chicago, IL
Posted Jun 6 2016, 08:33

Hi, 

I placed a bid on a shortsale.  The mortgage is by TFC.  My agent told me this bank does  not give a dime for relocation.   I feel bad for the seller for she was expecting $10,000 to move out. 

Well, I also feel bad for the Bank because if they accept my offer, they will lose $171,000 on the mortgage.

Have you had any experience with TFC ?

Thanks, 

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