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I need to Short Sell several homes with Washington Mutual

December 21, 2007

I have three rental homes that I can not keep renters in. The home values in the area have dropped over the past 3 years putting the amount of the loan more than what they are worth. The average rental income in the area is not enough to cover the amount of the monthly mortgage. What should I do?

This entry was:
Posted By Darin at 10:48 AM
Comments (2) | Categories: Washington Mutual, Georgia Foreclosure | Tags: washington mutual georgia
 

Comments

Looking to shortsale a few wamu properties in NJ on the coast to some investors on mine. Was inquiring about a list?
Posted By Aaron Friedman on March 29, 2008 at 08:12 PM
I currently am a tenant at a property that has been sold at sheriff sale and brought back by the bank. (WAMU) through no fault of our own. What can I do as a tenant to stay in this property. I know there should be tenants rights out there. I contacted a few legal services and they informed me to try to contact the mortgage company to see if there are other options we an use to keep the property. Need assistance /guidane as to what can or cannot be done. Tried contatcing the attorney for the bank to get the bid rice but was unable to retriee that information. right now I am gathering info to fight back to stay in this property. They say I can't but I say I can do all things. Help.
Posted By Yvette Jones on June 11, 2009 at 12:28 PM

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