Need Help
I am brand spanking new. I sent out letters to homeowners in the legal noticees. I got a call from a hoeowner that is facing foreclosure. Here are the details. The auction will take place in 8 days. FMV=125k, Mortgage Balance=115k, monthly payments=1118.81. He is 5 months behind. Can I do a short sale and what are the steps? Do I have enough time to execute it? Any advice would be greatly appreciated. thanks
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