Posted by TAT on February 18, 2002 at 24:30:53:
What if I purchased it via ILC. Would that matter any as far as making the buyer more comfortable? Johnboy mentioned that to me. Beings that this property is overencumbered about 15%, what will the bank sell for on a short sale if they are willing? Will it be FMV. If so, that would not leave any room to sell for cash. What do you recommened?