[fati]

I have a house going into foreclosure soon but have it listed right now as a short sale. I have a 1st and 2nd on it. I have an offer on the table right now for $89k. The broker says that the 2nd mortgage (CitiFinancial) is not signing off on the deal because they want more money. They have come back to him with two different reasons as to why they aren't accepting.#1: They are not attached to the house so they don't have to settle. They will come after us for the entire amount but they won't sign off on the sale. Humm? If they aren't attached to the house then why would they still have to sign off on the sale?#2: They are attached to the house and they want 10% of the loan. They won't sign off on the loan until we come to the table with $4200.00.When we signed paperwork for these fools they recorded a Deed of Trust with the county, so therefore I would assume they are attached to the house.My question to you is: If they are attached to the house can they still come after me for the remaining amount of the loan after it foreclosures? This home is located on less than 2.5 acres and is a single family home. They claim they will garnish my wages and I can't have that because it will cost me my job if I have a garnishment of any sort. Please help!Reply With Quote