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Posted by steele in minnesota on January 09, 2007 at 08:35:59:
In Reply to: Re: re deed in lieu posted by Mike on January 08, 2007 at 11:51:51:
With a short sale one can slash the price of the house to get it sold. You won't (sadly) be getting any money out of it anyway.
Actually you could be in a better position to get it sold. You really don't have anything to lose.
My opinion.
Steele in Minnesota