Those offers do not meet the investor parameters/guidelines that lenders must follow when a deficiency balance will be created.  

"Around half of Americans (52%) incurred credit card debt when shopping last(2022) holiday season; among them, nearly a third (31%) have still not paid off these balances."

Any other equity would go towards the expenses due and you as the former deed holder would get the balance of the equity depending on the price paid at the foreclosure sale. * Note * In a foreclosure due to your default…your lack of being responsible for the monthly payments would leave a negative entry on the Seller’s credit report for 10 years.

carrying all that on their balance sheet is very nice. sounds like it worked out. keep that relationships that's hard to find. 

Detroit has the the highest rent to price ratio in the country…and we’ve found the perfect balance of price/location within the area.Here is a picture of my portfolio...

Basically, you're given a bridge-loan up to 75% of the value of your current home (the one you're selling) minus the first mortgage balance.

Climate control NRSF is typically between 2-5 fpp; while the non climate control old outdated facilities make up the balance (7-10 fpp) and tip the scales well beyond the 7’ pp rule of thumb. 

If that is the case, we would have to discuss your offer and the remaining principal balance on the loan.

I myself is still looking for a good lender with balanced rates and fair fees. 

On the balance, it is better to rent M2M in that situation.