Thread: Money How broke are you?
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Old 03-18-2011, 11:52 AM   #5
R8RFAN R8RFAN is offline
Molôn Labé
 
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Join Date: Sep 2001
Location: North Carolina
Quote:
Originally Posted by Spott View Post
Other than my house payment I have none. I've been looking into the legalities of buying a home with cash because the market is so low and either short selling my current home or letting them foreclose on it.
Don't let them forclose, if you do they determine how much you owe when they sell it, if you short sell you do.
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