Archived
Short sale or foreclosure on rental property?
Angel's answer
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Answered on August 01, 2011
The answer is not "either this or that". You may need to defend a foreclosure and try to negotiate a short sale with your lender. A bankruptcy can...
Archived
Is a mortgage on a property more valuable than a judgement against the same property ?
Angel's answer
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Answered on November 16, 2009
The answer is.... it depends. Without looking at the chain of title, it is not possible to know.
What they mean by inferior is that they...
Archived
I am walking away from my home in Florida in January. Is bankruptcy a good idea to avoid a deficiency judgment?
Angel's answer
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Answered on October 28, 2009
Your question is based on the idea that nothing can be done to avoid the debt or reduce it substantially into a manageable matter. I do not know...
Archived
What would be the best way to go when one is about to be in default and don't want to stay in the property?
Angel's answer
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Answered on October 28, 2009
There are several issues here:
"It is possible to do a short sale with out stop paying the mortgage?"
1. Your question regarding...
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