Wednesday, September 23, 2009

How to Avoid Foreclosure or Short Sale

If you are struggling to make your mortgage payments and are facing the possibility of a foreclosure or a short sale, why not consider drawing upon the resources in your own family?  A family member may be able to buy into your property, make payments to you, and help you in turn make your mortgage payments to the bank.  If you don't have family members to help you, maybe you can work something out with your significant other, close friend, colleague or anyone else you can think of who may be able to help you.  The book How to Get Rich Buying Real Estate from Your Parents with No Money Down and No Credit by Christine Greene will show you step-by-step how to put these types of deals together.  The concepts and strategies in the book pertain to real estate transactions within families as well as real estate transactions involving non-family members.

General Business & Real Estate

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