Help ! - Posted by Marilyn(CT)

Posted by Sharon on September 05, 2003 at 08:25:16:

Hi Marilyn,

You should also post this question on newsgroup to see if you can get their advice on this deal.

Good luck!


Help ! - Posted by Marilyn(CT)

Posted by Marilyn(CT) on September 03, 2003 at 18:06:30:

I found a motivated seller. He bought a 1 family house in 2002 for $195,000, but he was actually hoodwinked because the house was worth only $150,000. He has recently appraised the house about a month ago, and it appraised for $150,000 to $160,00. But this seller owes about $190,000 on the mortgage.

This seller is, of course, motivated. He is pretty much open to anyhting. Help me sort this out. Is this a deal ? What do I do from here on. Is this a short sale situation