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On a short sale, what can I expect them to take to allow me to sell the house?

December 31, 2007

We live in Oklahoma. Our mobile home is in Michigan. We have tried to sell it, but can no longer keep paying for the lot rent, insurance, up-keep of the lawn, and the mortgage payment for a second home that is vacant. We have been offered $8,000 on a loan of $27,000. IndyMac Bank has told us they might turn this offer down because it is too low. What can we do?

This entry was:
Posted By Darin at 01:34 PM
Comments (1) | Categories: Indymac, Michigan Foreclosure, Oklahoma Foreclosure | Tags: oklahoma michigan indymac bank
 

Comments

Where is your MI home located?
Posted By Tom on January 24, 2008 at 10:41 AM

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