Anyone Short Selling In Southern California??
I'm just starting to get into short selling properties and I was wondering if their is a market for it in So. Cal?
Logic would tell me that because of the hot market, banks are not really willing to negotiate. Can anyone please give me some insight onhow I could proceed.
Thank you
a friend of mine was working on a 1bd condo about 6 months back. the second lender agreed to short sale from 20K to 12K.
the first lender refused to work with him and they wanted it to go to foreclosure, which it ultimately did.
but i'm sure people do it all the time. especially outside san diego in riverside and san bernadino counties.