Asked by cthoover, Culver City, CA • Mon Oct 8, 2012
We are attempting a short sale but it may not work by year's end and we need it to happen before the anti-deficency law goes off book. We are thinking of doing a voluntary foreclosure in November if we can't get the short sale. Our realtor is sure it will be wrapped up in a month as the bank will be eager to get an empty condo with no mortgage payment taken care of. Is she right? Does anyone have experience with this? We are signing a lease later this week and giving up the keys to the bank. Help!
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