Foreclosure in Waterville : Advice

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Tim Mcclary, Real Estate Pro in Belgrade, ME
Tim Mcclary answered:
I owe $79k on a 2-unit apt house that might bring $60-70k. 401k (around $10k). Considering Deed in lieu, but wondering about consequences.
If your tenant is able to do it, you may offer them the home. If they were able to afford your mortgage on it you may be able to owner finance it to them until they can afford their ow ... more
0 votes Share Flag Wed Feb 8, 2012 Foreclosure in Waterville
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