Quote Originally Posted by BanginJimmy View Post
Look up your address on Zillow and get an idea what your house is worth and what your mortgage would be. If it is in line with what you are willing to pay, contact the current owner to get the specifics of his mortgage. It is a huge win for him if you buy it short instead of the current owner allowing the foreclosure.
I thought that you had to be current with your mortgage in order to do a short sale? I always thought a short sale was to help those who were upside down beyond belief be able to get out of The house with out taking a huge loss?