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Updated over 14 years ago,
Foreclosure in 8 days - Can I help this seller?
A homeowner called me today and says that auction has been scheduled next Tuesday, September 7.
Here's the scoop:
$92000 (includes $14K in arrears, bank and attorney fees)
Delinquent HOA $1000
Delinquent Property Taxes $2100
Delinquent water bill $1,200
Comps aren't really strong...could probably sell for around $100K.
Is there anything I could do for this homeowner. I'm thinking subject 2 or short sale. I don't fully understand lease buybacks so I'm nervous about that. Don't want to put her in a worse situation. Thoughts, anyone?
Thanks!