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Real Estate Broker/Owner - Rowand Realty Group
I am having some success getting the second mortgage to waive their lien by writing in an addendum say on a $200,000 purchase that states that the first would get $195,000 and the second would get $5000. Has anybody tried this or have any thoughts on the tactic?
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I am having some success getting the second mortgage to waive their lien by writing in an addendum say on a $200,000 purchase that states that the firstĀ  would get $195,000 and the second would get $5000. Has anybody tried this or have any thoughts on the tactic?
07/06/2008
Rainer
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Chip Rowand

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