How much do I tell prop. mgr about forclosure?

Posted by f***d_in_FL on August 22, 2007 at 08:28:03:

I have a rental in FL that is rented and I will be walking away from it. What should I discuss with the Prop. Mgr and what should I keep private? He is mailing me the rent checks. If I put it on the market for sale, he will be the listing realtor, but it is way upside down, so a sale is doubtfull.
Is there much of a difference credit-wise between a short & forclusure? BofA is the lender.
Thanks!

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