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In AZ, what is the best way to settle or negotiate this problem

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tenstriker Joined: 06 Aug 2010 Posts: 1 1.26 Dollars($)	Posted: Fri Aug 06, 2010 2:03 pm    Post subject: In AZ, what is the best way to settle or negotiate this prob Like 0 Dislike 0 second was taken off so that house could, and was, sold thru short sale the bank is now coming back to us for payment on second we would like to pay nothing but would settle
adonis Joined: 22 Oct 2005 Posts: 10542 Location: ALASKA 1086.66 Dollars($)	Posted: Sun Aug 08, 2010 10:43 pm    Post subject: Like 0 Dislike 0 Hi tenstriker, If there is a second mortgage on the property, then they have the rights to collect the dues from you. You can deny the payments to them. You should negotiate with them in order to check out whether or not they are ready to forgive the dues. It would be the lender's discretion whether or not he would forgive the dues. _________________ Procrastination is the enemy of your financial success

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