PHH Group,I have an investment property I own in Stateline, NV that is severely underwater (150k). I am current on it with no liens on the property. Been carrying losses for years that total over 100k now and it makes no sense to keep it (PHH holds the loan of course). I wrote a letter to the Short Sale dept asking for Deed in Lieu of Foreclosure (based on advice from an attorney), and if not acceptable, a request to proceed with a Short Sale. I just listed the property on the mkt this week…See More
"I am a homeowner (NV, Lake Village), that has a mortgage with PHH and am current. I'm just getting the paperwork ready for a short sale. So, I should have an answer to your question soon, but not yet since I'm just starting the…"
I have a home that is underwater in nevada (stateline) that I would like to short sell. I did a search for PHH (my lender), and found you guys. BTW, very ironic but you're using NING which is the co. I work for -- I'm a product manager here and work on the features you use on this site!
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