Home › Forums › Housing › Rumor – is CW reselling properties back to borrowers as short sales? › Let me see if I have the
Let me see if I have the right idea –
I’m an F’d buyer about to go into foreclosure – I let the bank foreclose on me
Bank forecloses on my property and immediately places it in escrow with me as the buyer?
New purchase price is the short sale amount – ie, amount of the mortgage?
Is that the idea?
