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Updated almost 18 years ago on . Most recent reply

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2
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0
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Nicholas Herczeg
  • Loss Mitigation Specialist
  • Jackson, NJ
0
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2
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Sale/Investor Vs Deed in Lieu

Nicholas Herczeg
  • Loss Mitigation Specialist
  • Jackson, NJ
Posted

I am a beginner in the field of REI. I have a set of friends that are a married couple that are under a little bit of a financial bind. The husband has a job lined up in another state but they need to get rid of the house. The only problem is, like I said, they are a bit behind in payments. Would it be better to short sale, talk to an investor, or consider a deed in lieu? Which option would leave them with some money to work with after closing so that they have something after the move? :help:

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