Asked by Samuel Awosolu, Atlanta, GA • Wed Apr 15, 2009
I have a client who has an investment property in Atlanta. She has tenants living in the property and their lease expires in June. She wants to sell the property but the values in her neighborhood are no longer their. I pulled comps for .5 , 1 mile and even 2 miles (not suppose to but did anyway to see ). Everything was pretty much 50k less than her mortgage balance that was sold or expired in the last year or two. What are some options if she is current with her mortgage and wants out?
I have some ideas to offer her but I wanted to seek the experience of a lot of you here that may have encountered a similar situation.
Email me when…
Success! Your email alert settings have been saved. Access all your email alerts in your My Trulia account anytime!