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 Tropicalbreezzes
Joined: 11 Dec 2009
Posts: 3
1.74 Dollars($)
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 Posted: Fri Dec 11, 2009 2:22 pm Post subject: Short Sale or Deed in Leiu of Foreclosure |
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| I bought a vacant lot in 2005 for 42,000 for investment only on a interest only mortgage which in april 2010 turns into a adj rate mortgage..It was tax accessed at 13,500 in 2008 and 4,000 in 2009...I have missed 3 payments on this so far..I had called the bank in early june abour refinancing..but they do not do vacant lots...I have a short sale offer of 3,000...say the bank accepts this..will i still be responsible for the remaining diff if they accept the offer for the short sale..or should i go for the deed in leiu forclosure route...I do not own any other property..i rent an apt..my fica score in aug was 870..I live in Fl..please tell me what you think..Thanks |
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eric1
Community Experts
Joined: 04 Jan 2009
Posts: 1414
209.96 Dollars($)
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Tropicalbreezzes
Joined: 11 Dec 2009
Posts: 3
1.74 Dollars($)
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| Posted: Fri Dec 11, 2009 3:14 pm Post subject: short sale of deed in leiu of foreclosure |
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| It is located on the west coast of fl..ft myers area should i hire a lawyer? |
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| Posted: Fri Dec 11, 2009 11:37 pm Post subject: Restrictive halt of Working underneath age change making tip |
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convention hall every ditty
I am tickled to be here at this view. It's a courteous home to be. |
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