Hi,
I was conducting a short sale in California with Irwin being the second and HomeEQ being the first. Got the approval on the first, but Irwin wants a promissory note to consider the short sale. They state that it is company policy to have all borrowers sign a promissory note before considering a short sale. Has anyone any experience with this?? Irwin will get nothing at the auction and they were OK with that. I was offerring them 10% of the note value.
Regards,
Satar Naghshineh