Updated almost 7 years ago on .
short sale/subject to, upside down
Good morning all, we came across an interesting lead a few days ago. As new investors we think it would be best to see if a more seasoned investor may be interested in taking it on or willing to assist.
There is a woman in Oklahoma City who owns a home in Monroe County, Pennsylvania. She is upside down on her mortgage and owes 18k in HOA fees. Mortgage balance is 104K. The house may be worth around 90K (need to get better comps).
We think a short sale or buying subject to maybe viable options. Please connect if you would like more info.