Especially being an investor, say you bought a
property somewhere in 2005-2007. At this point you're not sure to keep
it hoping the market will go up and sell it now losing money, the
situation could be you have no equity, or even more challenging, the property value is below to what you owe to the bank.
You have options:
#1. Continue draining your financial resources upkeeping the property
#2. Bring money to the table and sell the property today
#3. Sell it as a short sale, getting the lender to accept less based on today’s value
For your specific situation, call us today at 609-860-1587 or visit www.TeamSohail.com– we’ll be happy to go through the numbers and work out possible solutions.
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