short sale with 2 loans...1st lender approved sale now need 2nd lender what's the chances of them saying no

Asked by Desperatly Hoping, Los Angeles, CA Tue Jul 24, 2012

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Kirk Garibian, Agent, Arcadia, CA
Mon Jan 28, 2013
Honestly, lenders hate to act as property management companies so they would rather let it go than hold on to it and risk not getting as much or anything down the line. As long as the sales price is not DRASTICALLY below the loan amount they usually oblige. You should be just fine, best of luck.

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