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Updated over 6 years ago on . Most recent reply

John-David Herlihy's profile image
John-David Herlihy's profile image
John-David Herlihy
  • from Burlington, VT
  • Member since Oct 29, 2017
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John-David Herlihy's profile image
John-David Herlihy's profile image
John-David Herlihy
  • from Burlington, VT
  • Member since Oct 29, 2017
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John-David Herlihy
  • Burlington, VT
23
Votes |
48
Posts
Foreclosures

USDA Loan - Short Sale Advice

John-David Herlihy
  • Burlington, VT
Posted

Looking for advice. I have a lead on a house with a USDA mortgage. The owner has defaulted and the foreclosure process has started. The house needs considerable work that she is not willing/able to do to sell on MLS.

Anyone have experience with USDA Mortgage Short Sales? Are they willing to negotiate. Seller indicated they were not willing to modify loan.

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