Foreclosures Discussion Archive 16

Re: Short sale in MN

Posted by Jim V on February 21, 2006 at 20:02:17:

In Reply to: Re: Short sale in MN posted by kate on February 21, 2006 at 15:17:15:

kate,

If you owe about $205k, you'll probably need a sale agreement for maybe $160 - $170k. There are an awful lot of variables, so a lower price might be appropriate, but I don't think $90k would fly unless the house is virtually destroyed.

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: kate,
: If you owe about $205k, you'll probably need a sale agreement for maybe $160 - $170k.  There are an awful lot of variables, so a lower price might be appropriate, but I don't think $90k would fly unless the house is virtually destroyed.


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