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Updated about 5 years ago on . Most recent reply

Brian Varmuza's profile image
Brian Varmuza's profile image
Brian Varmuza
  • Real Estate Investor
  • from Tampa, Florida
  • Member since Oct 25, 2016
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53
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Brian Varmuza's profile image
Brian Varmuza's profile image
Brian Varmuza
  • Real Estate Investor
  • from Tampa, Florida
  • Member since Oct 25, 2016
Connect
Brian Varmuza
  • Real Estate Investor
  • Tampa, FL
29
Votes |
53
Posts
Foreclosures

Approved Short Sale Higher Then Owed

Brian Varmuza
  • Real Estate Investor
  • Tampa, FL
Posted

There is a house scheduled for a foreclosure auction in Florida. The total foreclosure amount was 205k (including principal, interest and escrow). This is the 1st closing and there is no additional liens. The house was just listed on the MLS stating it is an approved short sale at 260k. Has anyone seen this and can explain how the short sale price is higher then the amount owed according to the Final Judgment?

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