Can she Short sale?
Hey bigger pockets family!
I have a quick question about short sales. Here's the situation, my aunt has a house in mi she bought way back when house prices were high. The market since then has crashed and started its rise again. My aunt has a good job but needs to move in with my other aunt because she(other aunt) is having medical problems. She also has bad credit if that info helps. What my question is, do you think she could short sale the property even if she has a good job? The house is not worth what she bought it for and I think she wants out. Do you think the bank would let her short sale it for a good enough price that an investor would want to buy it? Lmk thx