Re: Dont know what to do? Short Sale
Posted by steele in minnesota on June 22, 2007 at 10:28:02:
In Reply to: Dont know what to do
Posted by Cyndie on June 22, 2007 at 07:02:53:
Short Sale.
You will see this as a regular point of discussion on this forum. The concept is that the bank may actually take less than they are owed in order to avoid the costs of foreclosure. The agent you talked to obviously knows nothing of this concept.
You need to check around at some of your local companies and ask the manager if he/she has any specialists that do shortsales on a regular basis. But make sure that they have plenty of experience in this field. Not just, "I took a course once and now know everything".
Short Sale would be the first option I would recommend if you were here in Minnesota.
Steele V. Propp
Foreclosure Specialist
Schatz Group GMAC
Minneapolis, MN
steelep@aol.com
Follow Ups:
- Re: Dont know what to do? Short Sale - Charlie 16:51:00 06/22/07
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- Re: Dont know what to do? Short Sale - Cyndie 18:46:59 06/24/07
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- Re: Dont know what to do? Short Sale - steele in minnesota 09:40:25 06/25/07
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- Re: Dont know what to do? Short Sale - janette luera 22:46:06 07/05/07
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