If you need to move/sell your property and negative equity has been a stumbling block, what are your options?
Selling a property in negative equity and settling the shortfall) has several names, including “Negotiated Settlement”,
“Informal Settlement”, “Debt Write Off”, “Full and Final Settlement”
What does really mean?
Where you’ve decided that selling your negative equity property is the best solution then it becomes a negotiation. Areas for consideration are: