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Michael Acuna
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Sub 2, Short Sale, and Arrears

Michael Acuna
Posted Apr 29 2020, 08:05

Hi Community,

I had a question about a property that is a short sale but is in arrears. I'm interested in pitching a sub 2 to the seller and have been hearing that I wouldnt need to pay off the arrears if I was going to sub 2 this deal. How does that work? cause I thought when a property is in arrears, they need to be caught up before making any kind of deal.

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