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Personal Finances / Buying or Selling a Home

URL:  http://boards.fool.com/she-has-been-trying-to-find-out-whether-walking-30531916.aspx

Subject:  Re: Another Underwater Thread Date:  2/8/2013  11:54 AM
Author:  CCinOC Number:  124704 of 127563

She has been trying to find out whether walking away from it or short-selling would be better.

She should stop making payments immediately--live in it or move--and find a realtor who can determine how much "short sale incentive" she can get. What the heck...the deficit doesn't matter, anyway, so why shouldn't Mom get her "fair share?"

http://www.pe.com/real-estate/company-news/20120525-bofa-enh...
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