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Posted almost 12 years ago

Can I Do a Short Sale on a Rental Property in Maryland?

 

 Can I Do a Short Sale on a Rental Property in Maryland? 


The Short Sale Option is available to everybody:


There is no limitations as the type of property that is seeking a short sale

What really determines if a short sale could be approved by a particular lender is:

  • What type of loan do you have?
  • Who is the Lender?
  • What is your hardship?
  • Your current financial status
  • Your tenants situation (if any) 


My advice for any investor contemplating doing a short sale on an investment property is to

Analyze your current situation. .

Be decisive on your decision of going forward

and you will take control of your own situation


Can I short sale an Investment Property? 

If you have investment properties that are upside down. . 

and are afraid of losing your own home. .


There are other alternatives for you. . 


There is no reason to let those investment properties suck  you dry . . 

You should call and discuss a possible “short sale” with the lender?

When it gets to a point where you cannot, or elect not to continue to pour more money into a seemingly investment gone bad . ..

A short sale could be a sensible solution. .

All depends in your current situation, not everyone qualifies for a 

To read more about short sales in Maryland, DC and Virginia. . check my eBook



“Don't let the real estate crash destroy your family's financial future. 

With this eBook  you will learn how some people are saying  

ADIOS to their LENDER and STARTING  a new life again.”

~Fernando Herboso 2010


 Can I Do a Short Sale on a Rental Property in Maryland? 

Call me to find out. .240-426-5754 

Fernando Herboso

 Can I Do a Short Sale on a Rental Property in Maryland? 


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