I put 60000 down payment on my condo in 2005. I lost my job, modification is denied because of no

Asked by R. Davis, Miami Beach, FL Tue Apr 28, 2009

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income. I won't even try a shortsale as there are 75 shortsales or more in my building. Plus 110 foreclosures.
Nobody has bought anything since 2008.
I am behind with hoa and mortgage several month.
I am ready to ask for a deed in lieu of foreclosure, but will they let me do that ? The financial shape of
my building is 70% delinquent?

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