Real Estate Investing Depot
Buying and Selling on Lease Option in Canada
by Nikita Thoerle
The World's Largest Directory of Resources for Real Estate Investors
SubscribeReal Estate Investing DepotCoursesBooksTapesSoftwareServices
to our "What's New" Newsletter!
NEW Resources! NEW Forms!
NEW Articles! NEW Reviews!
Search options
Learn how to make a Fortune Investing in Real Estate
Visit Real Estate Investing Depot Shop!
Other REIdepot.com Message Boards
Canadian Real Estate Investing Forum
Send This Page To A Friend

Re: Foreclosure ideas/experts needed!
Re: Re: Foreclosure ideas/experts needed! -- Matt B Post Reply Top of Thread Forum

Posted by: S Ward
02/23/2005, 18:01:09

Edit
Yeah, you are right Matt. He is totally in denial. Further conversation has made this very clear. He has two options:

Lose the house by selling it
Save some of his equity
Save his credit

OR

Lose the house through foreclosure
Most likely lose all of his equity
Ruin his credit

Obviously, the first option is better but he is counting on a miracle to happen so he can keep his house. Very interesting.

Your comment about selling back to the current owner has been told to me by others as well. Thanks for the good advise.

Scotty


Post Reply | Recommend | Alert Where am I? Original Message Top of Thread Current page

© 2001 - 2005 Real Estate Investing Depot