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Updated over 5 years ago on . Most recent reply

User Stats

22
Posts
16
Votes
Hadrian Ayyub
  • Investor
  • Los Angeles
16
Votes |
22
Posts

Short Sale Assistance Needed

Hadrian Ayyub
  • Investor
  • Los Angeles
Posted

I have been offering for many months to try to assist him to avoid foreclosure but his pride would not allow him to take action.

House is located in Cerritos CA

Total debt including mortgage, HELOC, etc is 839k House ARV 880K Rehab estimatess 100k+

Father is 62 years old with multiple medical ailments, no retirement, savings, house is distressed.

Now with a notice of trustees sale given, he may finally be open to a short sale deal on his house.

Seeing as I do not do business in my native state of California and have never ventured into such a niche I would appreciate it if someone could give me a sample short sale contract for the state of California.

Thanks and God Bless.

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