Bill4728
Moderator
My DD is (was) buying her first condo. She had an offer accepted on a condo which wasn't in foreclosure (yet). BUT it was a "short sale" which means she offered less than the person owed.
That was mid July and still nothing. Now with the bail-out, we are afraid that the bank would rather sell the bad loan to the feds instead of taking less than is owed.
Any comments?
That was mid July and still nothing. Now with the bail-out, we are afraid that the bank would rather sell the bad loan to the feds instead of taking less than is owed.
Any comments?