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Updated almost 12 years ago on . Most recent reply

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188
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52
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Bob Couture
  • West Springfield, MA
52
Votes |
188
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Subject-To or Different Strategy?

Bob Couture
  • West Springfield, MA
Posted

What would you do with this? Subject-To? Different Strategy?

Situation: Death in the family and he must sell home to take care over family business and care for surviving parent. Just bought home in April 2014 for $170K, put $35K in renovations. Mortgage is for $166K and the renovation funds came from family. Monthly mortgage is $1421. I assess the FMV to be $208K.

Any suggestions?

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