Short sale offer ?

On a short sale offer... let me see if i got this ight
Loan balance is the current fixed up price so the short sale offer would be mortgage balance + arrears MINUS
repairs
net sheet balance
proffit = offer
Thanks Domingo

Comments(2)

  • BillTwyford1st January, 2003

    No, the short sale price is what you want to offer the bank! Forget the loan balance offer the bank approx. 40% of the value of the house. Read the articles on the No Equity = Big Bucs found in the product sales under Dwan Bent on this site.


    Good Luck

    Bill Twyford

  • domingo1st January, 2003

    Thanks Bill... I got the courses when they were down here in Los Angeles. I'm just a little fuzzy on a few things. I'll go back over the CD's again.
    Domingo

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