Foreclosure in 89108 : Real Estate Advice

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David Cooper, Real Estate Pro in Los Angeles, CA
David Cooper answered:
I live in California and bought 4 plex in Nevada as rental. I am now considering to short sale it. Will the bank go after me for deficiency judgments?
How is the rest of your credit? You might want to consider a Chapter 11 BK, get a cramdown on the value of your fourplex, get a fixed rate loan at current rates and keep the property w ... more
0 votes Share Flag Tue Jul 24, 2012 Foreclosure in 89108
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