Updated over 6 years ago on . Most recent reply
Need Short Sale Mentor - I have a deal
Hello and thanks for reading!
I am located in Wichita, Kansas and I think we have a potential short sale opportunity
The seller has a very nice home that is worth $249k and she owes 165k. I believe she is 65k delinquent. She had gone into foreclosure on the property a couple years back but the judge somehow overruled it. I think that is why her back payments got so high.
Anyways , I have done flips and rentals but I am not educated in this area but I would like to partner with someone who has experience working with banks. I would feel so bad if the seller lost everything.
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Wayne Brooks
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Wayne Brooks#1 Foreclosures Contributor
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This is not a short sale......the home value is more than the mtg.