Re: Short Sale after Sheriff Sale?


Posted by Marge on September 26, 2007 at 14:38:01:


In Reply to: Re: Short Sale after Sheriff Sale?
Posted by Nick(Colorado) on September 26, 2007 at 08:07:23:

The real estate agent said that I would benefit if the morgage company accepts the offer on conditions that they would forgive the debt, 1099, and I would have a short sale on my credit vs. a foreclosure. He said that he has seen the second mortgage settle on $1,000 since they would not receive anything. Is he trying a scam?


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