Nor Cal Foreclosure Help
Hello
I have a contact who owns a home that is behind and will be sold at auction Sept 10. SHe has filed chapter 13 and then chap7. FMV is $485k, owes $340k includes "rearidge". Not sure what this means.
Owner has already agreed to sign doc so I can deal with the bank. Can I work the short sale angle here? Is there anything else I am not aware of since both BK chptrs have been exercise?
I'm new to this and to me the numbers look good, even if the bank does not discount mortgage.
Thanks in advance
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