Comments on: Short Sale of your New York home http://www.danielgershburg.com/blog/short-sale-of-your-new-york-home/ Legal Services - Personalized Attention - A Commitment to Excellence Tue, 09 Feb 2010 18:40:11 -0500 http://wordpress.org/?v=2.9.1 hourly 1 By: Myra http://www.danielgershburg.com/blog/short-sale-of-your-new-york-home/comment-page-1/#comment-591 Myra Tue, 28 Oct 2008 14:01:08 +0000 http://www.danielgershburg.com/?p=64#comment-591 Thanks for writing this. Thanks for writing this.

]]> By: The Global Unanimocracy Network » Blog Archive » Short sale to investor who rents to previous homedebtor? http://www.danielgershburg.com/blog/short-sale-of-your-new-york-home/comment-page-1/#comment-537 The Global Unanimocracy Network » Blog Archive » Short sale to investor who rents to previous homedebtor? Tue, 02 Sep 2008 11:44:34 +0000 http://www.danielgershburg.com/?p=64#comment-537 [...] Gershburg covers a topic that we’ve spoken about lately: short sales. Gershburg introduces a new thought in the mix: Furthermore, the remaining balance of the mortgage would be forgiven by the lender and she would [...] [...] Gershburg covers a topic that we’ve spoken about lately: short sales. Gershburg introduces a new thought in the mix: Furthermore, the remaining balance of the mortgage would be forgiven by the lender and she would [...]

]]> By: The Housing Bubble » Blog Archive » Short sale to investor who rents to previous homedebtor? http://www.danielgershburg.com/blog/short-sale-of-your-new-york-home/comment-page-1/#comment-500 The Housing Bubble » Blog Archive » Short sale to investor who rents to previous homedebtor? Sun, 03 Aug 2008 23:25:36 +0000 http://www.danielgershburg.com/?p=64#comment-500 [...] Gershburg covers a topic that we’ve spoken about lately: short sales. Gershburg introduces a new thought in the mix: Furthermore, the remaining balance of the mortgage would be forgiven by the lender and she would [...] [...] Gershburg covers a topic that we’ve spoken about lately: short sales. Gershburg introduces a new thought in the mix: Furthermore, the remaining balance of the mortgage would be forgiven by the lender and she would [...]

]]> By: A.B. Dada http://www.danielgershburg.com/blog/short-sale-of-your-new-york-home/comment-page-1/#comment-404 A.B. Dada Wed, 23 Jul 2008 15:47:14 +0000 http://www.danielgershburg.com/?p=64#comment-404 Thanks for the info (giving you a link from my site). As of yet, I've never heard of anyone buying an underwater home at a reduced price (i.e., short sale) and "renting" it back with an option to buy in the future. Honestly, it's a great idea for a buyer who thinks the market won't tank further, and it keeps the home in good condition since the rent was the previous homeowner. Very intriguing. I'll have to investigate more, but this is a unique way to keep homedebtors in their homes, wash the mortgage down to "market" value, and produce an income for property investors. Thanks for the info (giving you a link from my site). As of yet, I’ve never heard of anyone buying an underwater home at a reduced price (i.e., short sale) and “renting” it back with an option to buy in the future. Honestly, it’s a great idea for a buyer who thinks the market won’t tank further, and it keeps the home in good condition since the rent was the previous homeowner.

Very intriguing. I’ll have to investigate more, but this is a unique way to keep homedebtors in their homes, wash the mortgage down to “market” value, and produce an income for property investors.

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