Can I Help This Woman?

A homeowner called me about her home that is going to be sold at the Sherrif's sale.

She owes $139,000 and the FMV is only $150,000. This does not seem like a good deal for me to purchase from her.

Is there any way I can help her? It is always nice to make money on a deal, but is there some other avenue I can help her take?

Comments(1)

  • flynny30th March, 2004

    Could be a possible short sale candidate. You might be able to realize a significant reduction. How's the market in that particular area?

    Good Luck

    -M

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