Question: How can a seller who is underwater be helped? Thanks!

Question: How can a seller who is underwater be helped? Thanks!


Jim Ingersoll: Short Sale. question – How far under-water and what is his monthly payment and what will it rent for?

Suzette West: Under-water $43k, $1200 mtg pmt, Median rent in the area $950.00

Prentiss Yates: What is value of home? Have they been notified of foreclosure action?

Marco A. LeBron: Depending on what type of loan they have they might qualify for a loan without an appraisal. Let me know of I can help. Marco LeBron “Power Loan Officer”

Suzette West: Thanks everyone! I appreciate the feedback. Seller has decided to not sell at this time.

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