Title Shows Liens After SS Payoff Agreement

I am faced with a dilemna because the day before closing on a short sale I find that the deed had a lien on it for a second party whose name appeared on the title search. I had the property approved for a discount although it was higher than the appraisal used for the BPO information. ( I actually paid for an appraisal to justify my position to Ocwen, they wanted more than the appraisal for the payoff by 15k) My question is can I nnow make another request for another discount because the newfound liens make this deal worthless after working this deal 6 months. I really need some input from some more skilled expert in Short Sales.

Thanks and GOD bless

P.S. I really think this is a question for the Short Sale Pro (*___*)

Comments(1)

  • GM7229th September, 2006

    Fair enough, thanks so much for your answer.

Add Comment

Login To Comment