I am not sure how much you know about Stonemill Farms in Woodbury, but it is a fantastic development. It includes an elementary school, a central child care facility and has a great range of prices from low 3's to high 5's.... more
I don't know the answer except that it is the bank who stacks the cash, If you are buying as an occupying owner, the problem compounds. Welcome to Short sale world...Liz 612-986-4105
PS I hope your lender and your realtor will hang in there and help. We do try to do our best to avoid these situations. However, buyers want to believe they can easily and readily buy these properties.... more
Ask the owner if you can sign over the home back to them. They will have to pay for lawyer fees if you stop paying. Most owners will take home back if they don't usually the only remedy is the home and if the home is damaged.
If you are in Minnesota or Wisconsin we can help you sell your house and you can keep the equity if there is any.... more