Re: can't afford our property

Posted by NJDave on November 02, 2005 at 06:38:40:

In Reply to: can't afford our property posted by Vickie on November 01, 2005 at 21:29:48:

The answer might be "preforeclosure short sale"

This is a negotiated settlement with your lender(s) by which they allow you to sell the property for what is owed... and allow you to walk away. It's a process.. but may well be the solution to your problem.

Follow Ups:

• Re: can't afford our property - D 11:19:25 11/02/05 (3)
  • Re: can't afford our property - NJDave 11:47:02 11/02/05 (2)
    • Re: can't afford our property - D 11:07:48 11/03/05 (1)
      • Re: new thread? - NJDave 11:36:34 11/03/05 (0)

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Comments:
: The answer might be "preforeclosure short sale"

: This is a negotiated settlement with your lender(s) by which they allow you to sell the property for what is owed... and allow you to walk away. It's a process.. but may well be the solution to your problem.


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