Asked by Leilani Almazan, Bonita, CA • Wed Nov 26, 2008
I'm have an approval for the first but the 2nd lien holder wants and additional $5k to settle. The seller has NO money and the buyer is willing to increase their purchase price to $5k more. Will the 1st mortgage holder allow the 2nd to receive that additional $5k. Has anyone had this happen when the 2nd won't settle? Any suggestions? I'm stuck! Thanks!!
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