This was a great question I was asked earlier this week, during a short sale process presentation I did to a group of REALTOR’s from Sellstate Priority Realty, a very successful brokerage in Cape Coral, Florida. It was a very engaged group, and I was glad when someone asked a question about what to do about a junior lien in a primary home short sale scenario.
Here is a short video clip (about 4 minutes) that addresses this common issue:
So as you heard, Liz and Lynda presented the following scenario of a primary home short sale of a Cape Coral property. The owner of the property is disabled and can no longer afford the home. Here are the details:
