what to do about letter citi has sent requesting payment of second mortgage after first went deed in lieu
what to do about letter citi has sent requesting payment of second mortgage after first went deed in lieu
So, the short of my story is..
Bought house in Dec 07. Transferred out of state for job 2 weeks later. Hired attorney/real estate agent and put house on market immediately. Applied for modification and was denied. Stopped making payments Dec 08. Had two offers for short sale in which all parties would be paid in full, but the attorney for Citi suggested that they not take the offers. Frustrated, my attorney/real estate agent suggested I walk since they were not willing to deal. In March 09 house was sold and deed in lieu was issued by Citi. Second mortgage of 80k has been bounced around and I have heard nothing regarding it this week until Citi sent a demand letter. My question is what should I do now?