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Should I Take This Deal On?

joeyb profile photo
  • Sunday, January 28, 2007 @ 06:49 PM EST
  • 1 Comments

Here is the scenerio:

Home is in Socal



asis FMV:$545,000



home in default

1st: 496,000

2nd:124,000



What are my options here:

1)offer 10,000 take position of 2nd,then short or subto the 1st?



What you try to take on this possible deal or is it too much to put together for a pofit?



THANK YOU IN ADVANCE.

Comments(1)

  • no photo
    joeyb8th December, 2006

    Thanks for the quick reply mcole,

    I will just let this one go and save the possible headaches and not try to queeze this one out.

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