Foreclosure in 94583 : Advice

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Bob Georgiou, Real Estate Pro in Walnut Creek, CA
Bob Georgiou answered:
What is the advantages of a short sale vs just giving the keys to a house to the bank if seriously underwater (>30%) on the mortgage?
All of these answers apply if you can make sense of it. The reality of a short sale is going to depend on your situation. If you have MI and/or the investor on you loan is the greedy ty ... more
0 votes Share Flag Wed Feb 15, 2012 Foreclosure in 94583
Voices Member,  in
Voices Member answered:
Lender wanting upfront fee to process short sale?
"I just had a short-sale with Indy Mac and they never brought this up. They lost 4 of our "hardship packages" but other than that they were typical big bank--4 digit extension, differen ... more
0 votes Share Flag Sat Feb 21, 2009 Foreclosure in 94583
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