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ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Wed, 1 Jun 2005 19:45:57 -0500
/ Author of the message: "Randy Cox" |
Title of the message: |
Re: Need advice on getting rid of rental.
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Text of the message: |
"Carol" <carol@hotprop.com> wrote in message news:HHine.962$IE7.873@newssvr21.news.prodigy.com... > > Selling the unit "Subject To" does not relieve the seller from the credit > liability which is the main objective here. > Right, which is why I said it was a terrible way to sell a house. It is better than letting it go to the bank, but not much. Usually, sub2 buyers want it for free or get out of town money. They want title, and they may or may not make payments. The good ones do, but there are enough bad ones to cause Texas and N. Carolina to rethink their laws....pending now. Sub2 is a last ditch effort of a distressed owner to trade inevitable foreclosure for potential foreclosure. Not every distressed owner has access to thousands of dollars to correct upside down notes. I know some sub2 buyers that have never defaulted on a deal, even when a couple of the |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.