Do you know if you qualify for HARP 2.0, which helps qualified home owners and investors refinance with NO EQUITY. Perhaps a short sale is a better solution, but you’re worried about the deficiency between your property value and what you owe on the mortgage. I have been helping property owners with mortgage relief since 2006. I am a Certified Distressed Property Expert. Let me share my knowledge and expertise with financial hardships and lender guidelines to help you with mortgage relief options.
REO, (Real Estate Owned) is just another industry term that means FORECLOSURE!