Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 10 years ago,
Short Sale Questions
Hello Bigger Pockets,
I am looking for some guidance on navigating short sales. I am working on a deal where that owner of the property has passed away and has no family. The home is in bad shape probably worth about 50k as it sits. There is a mortgage for 80k. I was told if you can get a realtor to write a refusal to list letter. You could have a much easier time negotiating with the bank. I have never done a short sale and would appricaite all the help I can get.
Thank you all,