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heehoo22 · 02-24-2009, 08:18 PM

The appraised market value of the property does not need to be less then the outstanding debt... what does need to happen though, is having the home on the market for 90 days at the current market value with no sufficient offers reviewable for a short sale.

02-24-2009, 08:18 PM	#8 (permalink)
heehoo22 Senior Member Join Date: Jan 2009 Location: California Posts: 141 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: CW 80/20, never been late, need help The appraised market value of the property does not need to be less then the outstanding debt... what does need to happen though, is having the home on the market for 90 days at the current market value with no sufficient offers reviewable for a short sale.