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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
Do You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
Are you sitting on the sidelines in this market? Many investors are. There’s a lot of fear and caution. But we’re not. And you don’t need to be, either.  Of […]
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Brian Kelley's profile image
Brian Kelley's profile image
Brian Kelley
  • Involved In Real Estate
  • from Pensacola, Florida
  • Member since Aug 3, 2008
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Brian Kelley's profile image
Brian Kelley's profile image
Brian Kelley
  • Involved In Real Estate
  • from Pensacola, Florida
  • Member since Aug 3, 2008
Connect
Brian Kelley
  • Involved In Real Estate
  • Pensacola, FL
2
Votes |
11
Posts
Foreclosures

Short Sale Question

Brian Kelley
  • Involved In Real Estate
  • Pensacola, FL
Posted Aug 3 2008, 10:51

Hey guys.
Im doing my first short sale and i have a quick question. The owner of the property has a 17,000 2nd mortgage.
Will the primary bank deal with the 2nd mortgage company or do I need to deal with them as well?

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