Is Short Sale Still An Option?
I am a new member of TCI an I have learned alot from all of the postings on this website and I would appreciate any info on this subject.
I have a homeowner who is in foreclosure and his auction date is this monday He owes 66,000 and his assesed value is 62,000. He has signed a power of attorney for me to speak with GMAC but it is so close to the auction date that I will not be able to request a extension for the auction. when the house gets auctioned can I have the homeowner request a confirmation hold and then try to short sale the mortgage or should I just walk away and move on the the next one? 
Hi Jetstar,
I would move on to the next one. When you catch them right out of them gate, it will give you the needed time to work them out!
Best of Success!
BAMZ