HELP! Second lienholder said NO DEAL--full payment only!

[Shari Posey]

Get this...it has taken Countrywide 100 days to tell me that "their investor" won't take one penny less than full payoff for their HELOC my sellers have on the house--full payoff is "not negotiable." Evidentially, they think the first lienholder isn't "losing enough money." (Actually they are asking for half of the money from the seller, which WON'T happen.)

The first approved the sale way back in January with $3000 going to Countrywide and has been holding off posting an NOD while Countrywide "processed the short sale package." House is vacant, pool is green (I sent photos to Countrywide) and market is dropping. Supposedly the negotiator recommended to take the offer but the investor declined.

Do you guys think there is any chance of making this work? I've got a good offer that has been waiting since Jan.

Any suggestions??