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Updated over 11 years ago,
Is it too late? 15k owed 120k ARV
Friend of a friend fell on hard times and losing her property. She find's out in 10 days when she has to be out. Sherrif put notice up. She owes 15k for the property ARV in highly desirable area is 120k
As an investor what are my options if any? Is it too late for short sale or would I have to buy it at auction or as a REO? Is a short sale possible?