Foreclosures Discussion Archive 1

Re: One possible solution would be...



Posted by Nancy on April 29, 2002 at 14:26:40:

In Reply to: Re: One possible solution would be... posted by TheShortSalePro on April 29, 2002 at 13:15:38:

I'm not sure what is meant by a "Short Sale"? I read a post somwehere about a "short sale", but the bank wanted them to get caught up before they would consider a Short Sale. Is this true in all cases? To be honest, if I had the money to pay the bank to reinstate the loan, I wouldn't be in Foreclosure. Thanks for your time and any information you can give me :-)


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Comments: : I'm not sure what is meant by a "Short Sale"? I read a post somwehere about a "short sale", but the bank wanted them to get caught up before they would consider a Short Sale. Is this true in all cases? To be honest, if I had the money to pay the bank to reinstate the loan, I wouldn't be in Foreclosure. Thanks for your time and any information you can give me :-)

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