Profile picture for RichardSvoboda

recieved a counter offer from Citi on our short sale

We just recieved a counter offer for 15,000 from citi morgtage and I am confident the buyer will accept. Does this mean the 2nd morgtage with GMAC has been negoitated cause we havent heard a thing from them. We also have an attorney handeling everything.
  • September 22 2012 - Warwick
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Answers (1)

Profile picture for Outer Banks N C
I don't think it means it is a done deal. The 2nd will still have to accept the offer as well as the primary with Citi. The property is $15k and it has a second? Is it a trailer? Best to ask you lawyer to explain it, they can be confusing.

Tim
  • September 22 2012
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