Asked by Upsidedowninfl, Rotonda West, FL • Sat Jan 16, 2010
from Suntrust to modify the 2nd. However, even after mod, we will still not be able to pay the 2nd (we're currently 4 months behind on the 2nd only). They sent me a short sale packet and told me it is an option. Problem is, we have 5 animals in the house and showing it with us still living there would be a nightmare. SO....we would have to move out in order to list it. How long would it take to sell and what are the odds that Suntrust would actually accept an offer? We owe $345k on the house and it is worth maybe $250k. The first mtg is $275k. If someone made an offer of $250k, would they even consider it? Thoughts?
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