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Current Foreclosure Discussion Foreclosures Discussion Archive 16



Re: Short sale in MN


Posted by kate on February 21, 2006 at 15:17:15:

In Reply to: Re: Short sale in MN posted by NJDave on February 21, 2006 at 15:05:20:

: If anticpated proceeds from the sale aren't enough to
: payoff the first, and second... they might accept less
: than they are due....

I owe about $205k. So, If I could sell it for $90, the bank might accept that? Do they give peramaters, or would I just bring in offers as they come in?

Thank you.

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