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All Forum Posts by: Art Marzan

Art Marzan has started 1 posts and replied 2 times.

Post: short sale..

Art MarzanPosted
  • Accountant
  • las vegas, NV
  • Posts 2
  • Votes 0

Please do and thank you very much Joshua.

Post: short sale..

Art MarzanPosted
  • Accountant
  • las vegas, NV
  • Posts 2
  • Votes 0

A family member is in hardship and considering a short sale.
First loan from ASC is $271162.40 and second loan is from Ocwen
at $68,126.28. I would like to bail him out and is willing to pay 76%
of $340,000 balance. What are the procedures? Will he still be liable for
the 24% defeciency?