short sale possible? - Posted by Maria

Posted by Helen on December 31, 2002 at 08:47:13:

Maria,

How much time do you have before auction?

Check the main board archives. There is a lot of very helpful info for you to devour. Print the best threads and highlight the main tidbits.It is well worth the time and may make some $$$ for you.

Mega success to you.

short sale possible? - Posted by Maria

Posted by Maria on December 30, 2002 at 13:55:53:

Property is worth about 165-170k. Owner owns 184k - 3 months behind at 1810/mth. Would a short sale be possible? What is the maximum I should offer to the lender and how should I approach the lender to have the greatest chance for success? I have not done a short sale before and would be interested to learn more about it.

Thanks for your assistance!