Short Sale Or Sub 2?
Saw a house today that is in very good condition, no repairs needed. Needs frig and stove. Owner is in foreclosure and needs $3200 to catch up and keep house from being sold on Dec. 15.
Would a short sale be a better way than paying $3200 and buying sub2?
Any thoughts are welcome and appreciated.
[addsig]
It really all depends upon what is owned Vs market value.
You can get into the property based upon a sub w for under $3,500 or get into it for the full price of a short sale.
If you do not have cash or credit to purchase than a sub 2 would be the best form of investing.
[addsig]