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short sale: How can I avoid foreclosure with a short sale? - 01/13/09 02:56 PM
 
It is not an uncommon scenario these days.  A family is stuck in a property that they can not afford.   They can't refinance or sell because they owe more than the home is worth.   What do you do now?   The way I approach this situation is to start by trying to negotiate a loan modification with the bank.  If I can lower the payment to a level that the family can afford great, if not I can do one of two things.   One I can short sale the property and two I can negotiate a Deed In Leiu transaction.   Both … (0 comments)

 

Orville Ivor McCallister

San Diego, CA

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Keller Williams Realty La Mesa

Cell Phone: (619) 609-6129

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