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Updated over 15 years ago on . Most recent reply

Priscilla Z.'s profile image
Priscilla Z.'s profile image
Priscilla Z.
  • Rental Property Investor
  • from Palm Bay, FL
  • Member since Feb 10, 2009
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Priscilla Z.'s profile image
Priscilla Z.'s profile image
Priscilla Z.
  • Rental Property Investor
  • from Palm Bay, FL
  • Member since Feb 10, 2009
Connect
Priscilla Z.
  • Rental Property Investor
  • Palm Bay, FL
290
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509
Posts
Foreclosures

Short Sale Re-Finance?

Priscilla Z.
  • Rental Property Investor
  • Palm Bay, FL
Posted

I went to a foreclosure mediation with someone this morning and one of the options the lender gave her (the homeowner) was a short sale re-finance, where the homeowner can actually purchase her home back in a short sale (through another lender, I'm sure). This was new to me, and it was new to the mediator as well.

Has anyone heard of this, or had any experience with it that can elaborate some more for me?

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