Re: short sale vs foreclosure

Posted by NJD on August 28, 2008 at 10:23:48:

In Reply to: short sale vs foreeclosure posted by mike on August 28, 2008 at 08:57:51:

The house is worth $70,000? If payments are current, what's the problem? Enjoy the house.

Lender wouldn't likely consider a short sale unless/until the loan were seriously delinquent.


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