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Michael Gayer Jr
  • Inspector
  • Mililani, HI
30
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170
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Short Sale Questions

Michael Gayer Jr
  • Inspector
  • Mililani, HI
Posted Nov 24 2016, 22:48

Aloha Investors,

Can a home owner (in Pre-foreclosure) talk to his/her bank and get a Short Sale price from them, then sell it at that price?

Can the home owner sell at this Short Sale price to a Buyer on terms? Or does it have to be sold lump sum to cash bank out? 

Thank you in advance,

Mike

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