>>>>Million Dollar Monster Home -ShortS or Suggestions

[bizarrefun]

whatever way you guys want to dice it up it will still be a pre-foreclosure,,,,,,,,the bank may agree to something,,unless the owner gets more $$$$$ it WILL EVENTUALLY BE A FORECLOSURE,,,,,

p.s. no sane EXPERIENCED person (buyer/investor) will buy this specific property in this market.......wait 6-12 months and pick up for peanuts,,,,,,,,,,,,,thats why i say know your neighborhood/city/state!!!!  the comps for this neighborhood will fall....it will happen...whether u like my posts or not,,,they are reality!!!!!!!!!!

btw, i believe in helping others but some things need to work themselves out without my interference...."help your neighbors but keep out of their affairs!!!!!!!!!"


my 2 cents

Robert A. Doncaster, Jr.
Import/Export Entrepreneur & Investor
*** DO YOUR HOMEWORK ***

Chicago Illinois USA
& sometimes Salzburg, Austria

[Rich_in_CT]

I wouldn't bother with a shortsale in this market.  When the market goes south the million dollar homes don't move for beans. 

To the o/p:  Have you considered giving the bank the deed in leiu of foreclosure?

[Love2Invest]

great advice! 

[joker]

bizarrefun is very correct in all that he has said. To much risk in such a bad market = nogo