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Response to Repo shortfall

from Chris (chris@matroxusers.com)
We have received a statement of account from the BS which I am going to turn over to a specialist for analysis since it appears that they are claiming that the 50% interest over capital that they have made over 4 years still leaves us with a shortfall of 50%.

They have told us that they "extensively marketed" the property, and claim that they took 2 professional valuations that valued the property at 54K, and that they accepted an offer of 57K. They haven't provided the actual valuations though.

Is there anyone out there that can help us ?

(posted 9038 days ago)

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