Do 2nd Liens Make Short Sales More Difficult?
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Do 2nd liens make it more difficult to complete a short sale in Los Angeles, California?
The simple answer is YES….but not always.
If your short sale does not fall under the guidelines for HAFA, the Home Affordable Foreclosure Alternative program, part of the government HAMP program, then 2nd liens are pretty much a second layer of negotiation in order to complete a successful short sale negotiation...continue reading
Dana Ehrlich
Luxury, Investor & Pre-Foreclosure Specialist
eXp Realty, California
DRE License #01402859
2701 Ocean Park Blvd., Ste 140 Santa Monica, California 90405
(310) 487-0099
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