What do you do? What about repairs? Only 60K inequity on large house is too skinny and relative to the repairs. Short sales take a long time and the bank can stop it, say no and take the default. You can take the property 'subject to' the existing mortgage. Do you have any questions? Share it go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voicemail
