Unfortunately, Yahoo mail is once again acting up and I can't seem to compose a bloody thing. You mentioned that your sister is going to sale on 8/14, is behind 1 yr., & wants bankruptcy. OK. 1) Bad deal on the latter. Advise her to visit a REIA grp. in her area. There will be investors there to help sell her house QUICK, get a little cash (if they're honest - best way to tell is that they don't take much more than 10% admin fee for what they sell it for), and will keep her credit from getting much worse. If she has no equity in her home, it may be difficult to find even an investor to touch it. Talk to these people & convince them to short sale - contact bank (will require written permission w/ possible notary - go to bank for possibly free notary) after taking pics of prop. showing work needed, etc. If investor knows stuff, will pull this off by 14th. I don't know the state you're in, but some have redemption period. If so, scare bank w/bankruptcy threat - BUT NOT DO.
2006-08-04
12:58:16
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1 answers
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asked by
fragglerockqueen
5
in
Renting & Real Estate