You may also want to look
into completing a short sale.
Not exact matches
Whether the goal is to flip the house or turn it
into a rental homes needing repairs often provide better returns because they sell at more steeply discounted prices yet once the repairs are
complete these homes will rent for the same amount and / or sell for the same price as other homes not in foreclosure or
short sale.
Bank of America, by contrast, had entered
into only 2,524
short sale and deed - in - lieu agreements — less than half as many as either JPMorgan Chase or Wells Fargo —
completing 1,630 of those agreements through May.