How do you negoitiate a short sale with a bank on a pre foreclosure property?
Question:
Answer:
You need to first call your mortgage company and let them know that you can no longer afford to make payments. Speak with someone in the credit counseling department. They may be able to negoitiate a payoff with you that is reasonable. Note you will not receive any proceeds from the sale all proceeds will go directly to your mortgage company.
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