Do I have to stop making my mortgage payments to be eligible for a short sale?

Some mortgage companies will not consider a short sale unless you are behind and have attempted to sell for the full amount.

I recommend that you contact the Loss Mitigation Department at your mortgage company and ask them directly. I would also update them on your current situation and discuss what options you might have to prevent a foreclosure.

 

Please view this disclaimer about this page.

This entry is filed under Questions and Answers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Comments

Name:



When finished, Please complete the two words below, and then click Submit. Please click reload after submitting a new comment to see it.

More Tools

Ask a new question INVCALC.COM HOME PAGE Denver Neighborhoods Contact Me Mortgage Calculators More Mortgage Calculators Investment Calculators New Denver Homeowner Information Questions and Answers Car Purchase Calculator DealerZAPPER.com Car Price Checker Site Feed in RSS 2.0 Site Feed in RSS 0.92 Site Feed in Atom 0.3

      Web   tonymassey.com  

  

Loan Amount     Interest Rate     Years to Pay    

What is the cash on cash return for a fix and flip investment?