2nd won't allow Seller to get relocation funds that 1st approved
I have a California short-sale approved.
The Sellers owes $550k on the 1st. $150k on the 2nd.
The first approved an offer around market value (around $300,000) and $5,000 in relocation funds and $4,000 to the 2nd.
The second says they will approve the amount but they will not allow $5,000 in relocation funds and wants the 1st lender to remove that option.
Does anyone have any experience with this or suggestions? The Seller needs the relocation funds.