B Of N.Y. & Greenwhich SS

Hi all,

I am in the process of doing a SS sale with Countrywide as the servicing company for a 1st and 2nd. The investor for the first is Bank of New York. The second investor is Greenwhich.



FMV approx. $550,000

1st. 450,000

2nd. 112,000

Fix up 5,000



Any advice on how to approach this matter? Has any one dealt with either of these two investors, if so what % do they typically discount?

Thanks

TAT

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