Can I Do a Short Sale on a Rental Property in Maryland?
The Short Sale Option is available to everybody:
What really determines if a short sale could be approved by a particular lender is:
- What type of loan do you have?
- Who is the Lender?
- What is your hardship?
- Your current financial status
- Your tenants situation (if any)
My advice for any investor contemplating doing a short sale on an investment property is to
Analyze your current situation. .
Be decisive on your decision of going forward
and you will take control of your own situation
Can I short sale an Investment Property?
If you have investment properties that are upside down. .
and are afraid of losing your own home. .
There are other alternatives for you. .
There is no reason to let those investment properties suck you dry . .
You should call and discuss a possible “short sale” with the lender?
When it gets to a point where you cannot, or elect not to continue to pour more money into a seemingly investment gone bad . ..
A short sale could be a sensible solution. .
All depends in your current situation, not everyone qualifies for a short sale.
To read more about short sales in Maryland, DC and Virginia. . check my eBook
“Don't let the real estate crash destroy your family's financial future.
With this eBook you will learn how some people are saying
ADIOS to their LENDER and STARTING a new life again.”
~Fernando Herboso 2010
Can I Do a Short Sale on a Rental Property in Maryland?
Call me to find out. .240-426-5754
Fernando Herboso
